US stock / ETF

Micron Technology, Inc.

MU · NASDAQ · USD

1 hourBearish87%
1h Downside probability 87%Bearish

MU 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $1,076.7 and stabilize above resistance $1,244.6.

Invalidation Trigger

Break above $1,244.6 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 40.7, MACD -8.929

1h
Volatility EnvironmentRange
Medium volatility

ATR is $29.13 (2.83%)

1h

EMA Structure

Bearish
EMA 8$1,045.6Bearish
EMA 21$1,076.7Bearish
EMA 50$1,079.8Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.7 · MACD -8.929

Momentum is weak

Strength
Bearish
Volatility
ATR $29.13 · BB 23.71%

Medium volatility

Strength
Range
Volume
MFI 54.8 · OBV 9.41%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,011.7 - $1,244.6

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+23.59% · 8.3 ATR above latest close

$1,273.8
Nearest resistance

+20.76% · 7.3 ATR above · 34-bar high

$1,244.6
Current price

Price shown is delayed

$1,030.7
Nearest support

-1.84% · 0.7 ATR below · 34-bar low

$1,011.7
Deeper support zone

-4.66% · 1.7 ATR below latest close

$982.58
ATR zone

Latest close ± ATR14

$1,001.5 - $1,059.8

Indicators

Trend

Dow Theory Structure

Confirmation $1,038.7, invalidation $1,103.6

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

Trend strength is active

31.7 / 19.2 / 37.2Bearish
Supertrend (10,3)

Price is above Supertrend

$945.05Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,092.9 / $1,128.2Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Volatility

ATR (14)

Medium volatility

$29.13 (2.83%)Range
Bollinger Bands (20,2)

Width 23.71%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,127.1 / $1,023.6Range
ATR channel lower / upper

Current Volatility Envelope

$1,001.5 / $1,059.8Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,244.6Range
Support

Nearest Downside Decision Level

$1,011.7Range

Momentum

RSI (14)

Momentum is weak

40.7Bearish
MACD (12,26,9)

Histogram is negative

-8.929Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

16.7 / 8.3Bullish
Williams %R (14)

Oversold zone

-83.3Bullish
CCI (20)

Balanced zone

-93.6Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.8Range
OBV slope

20-period OBV slope

9.41%Bullish
Volume ratio

Relative to 20-period average volume

0.73xBearish

Trend

Dow Theory Structure

Confirmation $1,038.7, invalidation $1,103.6

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

Trend strength is active

31.7 / 19.2 / 37.2Bearish
Supertrend (10,3)

Price is above Supertrend

$945.05Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,092.9 / $1,128.2Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Momentum

RSI (14)

Momentum is weak

40.7Bearish
MACD (12,26,9)

Histogram is negative

-8.929Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

16.7 / 8.3Bullish
Williams %R (14)

Oversold zone

-83.3Bullish
CCI (20)

Balanced zone

-93.6Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Medium volatility

$29.13 (2.83%)Range
Bollinger Bands (20,2)

Width 23.71%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,127.1 / $1,023.6Range
ATR channel lower / upper

Current Volatility Envelope

$1,001.5 / $1,059.8Range

Volume / Money Flow

MFI (14)

Money flow is neutral

54.8Range
OBV slope

20-period OBV slope

9.41%Bullish
Volume ratio

Relative to 20-period average volume

0.73xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,244.6Range
Support

Nearest Downside Decision Level

$1,011.7Range

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