MICRON TECHNOLOGY INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	MU
ISIN:

MICRON TECHNOLOGY INC. - 1H - Technical analysis published on 02/18/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 100.74 USD

My targets

104.80 USD (+0.63%)

106.74 USD (+2.50%)

My analysis

The bullish trend is currently very strong on MICRON TECHNOLOGY INC.. As long as the price remains above the support at 100.74 USD, you could try to benefit from the boom. The first bullish objective is located at 104.80 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 106.74 USD as an objective. Crossing it would then enable buyers to target 110.67 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The MICRON TECHNOLOGY INC. rating is 104.14 USD. The price registered an increase of +4.64% on the session with the lowest point at 102.04 USD and the highest point at 105.05 USD. The deviation from the price is +2.06% for the low point and -0.87% for the high point.

102.04

105.05

104.14

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

A technical analysis in 1H of this MICRON TECHNOLOGY INC. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	92.86	95.47	100.74	104.14	104.80	106.74	110.67
Change (%)	-10.83%	-8.33%	-3.26%	-	+0.63%	+2.50%	+6.27%
Change	-11.28	-8.67	-3.40	-	+0.66	+2.60	+6.53
Level	Minor	Major	Minor	-	Minor	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	95.43	96.71	98.12	99.40	100.81	102.09	103.50
Camarilla	98.78	99.03	99.27	99.52	99.77	100.01	100.26
Woodie	95.49	96.74	98.18	99.43	100.87	102.12	103.56
Fibonacci	96.71	97.74	98.38	99.40	100.43	101.07	102.09

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	77.68	82.51	91.02	95.85	104.36	109.19	117.70
Camarilla	95.85	97.07	98.30	99.52	100.74	101.97	103.19
Woodie	79.51	83.43	92.85	96.77	106.19	110.11	119.53
Fibonacci	82.51	87.61	90.76	95.85	100.95	104.10	109.19

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	54.50	69.62	80.43	95.55	106.36	121.48	132.29
Camarilla	84.11	86.49	88.86	91.24	93.62	95.99	98.37
Woodie	52.35	68.54	78.28	94.47	104.21	120.40	130.14
Fibonacci	69.62	79.53	85.65	95.55	105.46	111.58	121.48

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	83.56
MACD (12,26,9):	2.2200
Directional Movement:	39.69
AROON (14):	92.86
DEMA (21):	100.37
Parabolic SAR (0,02-0,02-0,2):	97.49
Elder Ray (13):	4.73
Super Trend (3,10):	99.06
Zig ZAG (10):	104.10
VORTEX (21):	1.2700
Stochastique (14,3,5):	88.55
TEMA (21):	101.95
Williams %R (14):	-7.83
Chande Momentum Oscillator (20):	9.26
Repulse (5,40,3):	1.6600
ROCnROLL:	1
TRIX (15,9):	0.2100
Courbe Coppock:	15.63

MA7:	96.16
MA20:	96.04
MA50:	96.67
MA100:	100.12
MAexp7:	100.80
MAexp20:	97.86
MAexp50:	95.69
MAexp100:	95.08
Price / MA7:	+8.30%
Price / MA20:	+8.43%
Price / MA50:	+7.73%
Price / MA100:	+4.02%
Price / MAexp7:	+3.31%
Price / MAexp20:	+6.42%
Price / MAexp50:	+8.83%
Price / MAexp100:	+9.53%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on MICRON TECHNOLOGY INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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