US stock / ETF

Micron Technology, Inc.

MU · NASDAQ · USD

1 dayBearish74%
Daily Downside probability 74%Bearish

MU 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $1,005.9 and stabilize above resistance $1,108.7.

Invalidation Trigger

Break above $1,108.7 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 36.4, MACD -22.156

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $41.49 (4.54%)

Daily

EMA Structure

Range
EMA 8$976.57Bearish
EMA 21$1,005.9Bearish
EMA 50$986.11Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.4 · MACD -22.156

Momentum is weak

Strength
Bearish
Volatility
ATR $41.49 · BB 21.41%

Medium volatility

Strength
Range
Volume
MFI 54.8 · OBV 2.00%

Relative to 20-period average volume

Strength
Range
Price Levels
$902.6 - $1,108.7

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+25.83% · 5.7 ATR above latest close

$1,150.2
Nearest resistance

+21.29% · 4.7 ATR above · 34-bar high

$1,108.7
Current price

Price shown is delayed

$914.13
Nearest support

-1.26% · 0.3 ATR below · 34-bar low

$902.6
Deeper support zone

-5.8% · 1.3 ATR below latest close

$861.11
ATR zone

Latest close ± ATR14

$872.64 - $955.62

Indicators

Trend

Dow Theory Structure

Confirmation $1,011.4, invalidation $1,089.2

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

40.0 / 1.7 / 41.1Bearish
Supertrend (10,3)

Price is above Supertrend

$800.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,002.3 / $967.86Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Volatility

ATR (14)

Medium volatility

$41.49 (4.54%)Range
Bollinger Bands (20,2)

Width 21.41%

-6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,093.3 / $918.11Range
ATR channel lower / upper

Current Volatility Envelope

$872.64 / $955.62Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,108.7Range
Support

Nearest Downside Decision Level

$902.6Range

Momentum

RSI (14)

Momentum is weak

36.4Bearish
MACD (12,26,9)

Histogram is negative

-22.156Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.7 / 5.4Bearish
Williams %R (14)

Oversold zone

-97.3Bullish
CCI (20)

Weak expansion

-182.7Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.8Range
OBV slope

20-period OBV slope

2.00%Bullish
Volume ratio

Relative to 20-period average volume

1.28xBullish

Trend

Dow Theory Structure

Confirmation $1,011.4, invalidation $1,089.2

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

40.0 / 1.7 / 41.1Bearish
Supertrend (10,3)

Price is above Supertrend

$800.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,002.3 / $967.86Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Momentum

RSI (14)

Momentum is weak

36.4Bearish
MACD (12,26,9)

Histogram is negative

-22.156Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.7 / 5.4Bearish
Williams %R (14)

Oversold zone

-97.3Bullish
CCI (20)

Weak expansion

-182.7Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

Medium volatility

$41.49 (4.54%)Range
Bollinger Bands (20,2)

Width 21.41%

-6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,093.3 / $918.11Range
ATR channel lower / upper

Current Volatility Envelope

$872.64 / $955.62Range

Volume / Money Flow

MFI (14)

Money flow is neutral

54.8Range
OBV slope

20-period OBV slope

2.00%Bullish
Volume ratio

Relative to 20-period average volume

1.28xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,108.7Range
Support

Nearest Downside Decision Level

$902.6Range

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