US stock / ETF

Micron Technology, Inc.

MU · NASDAQ · USD

1 weekBearish55%
Weekly Downside probability 55%Bearish

MU 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $878.61 and stabilize above resistance $1,255.

Invalidation Trigger

Break above $1,255 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 47.1, MACD -47.403

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $114.84 (14.38%)

Weekly

EMA Structure

Range
EMA 8$867.69Bearish
EMA 21$878.61Bearish
EMA 50$718.37Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.1 · MACD -47.403

Neutral zone

Strength
Bearish
Volatility
ATR $114.84 · BB 40.95%

High volatility

Strength
Bearish
Volume
MFI 48.0 · OBV -6.95%

Relative to 20-period average volume

Strength
Range
Price Levels
$311.49 - $1,255

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+71.56% · 5.0 ATR above latest close

$1,369.8
Nearest resistance

+57.18% · 4.0 ATR above · 34-bar high

$1,255
Current price

Price shown is delayed

$798.44
Nearest support

-60.99% · 4.2 ATR below · 34-bar low

$311.49
Deeper support zone

-75.37% · 5.2 ATR below latest close

$196.65
ATR zone

Latest close ± ATR14

$683.6 - $913.28

Indicators

Trend

Dow Theory Structure

Confirmation $1,108.7, invalidation $902.6

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

17.7 / 19.8 / 28.9Bearish
Supertrend (10,3)

Price is above Supertrend

$397.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$915.93 / $723.8Bearish
Donchian Channel (20)

20-period breakout channel position

29%Range

Volatility

ATR (14)

High volatility

$114.84 (14.38%)Bearish
Bollinger Bands (20,2)

Width 40.95%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,123 / $641.67Bearish
ATR channel lower / upper

Current Volatility Envelope

$683.6 / $913.28Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,255Range
Support

Nearest Downside Decision Level

$311.49Range

Momentum

RSI (14)

Neutral zone

47.1Range
MACD (12,26,9)

Histogram is negative

-47.403Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

32.4 / 26.9Bullish
Williams %R (14)

Neutral zone

-67.6Range
CCI (20)

Weak expansion

-158.5Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.0Range
OBV slope

20-period OBV slope

-6.95%Bearish
Volume ratio

Relative to 20-period average volume

0.81xBearish

Trend

Dow Theory Structure

Confirmation $1,108.7, invalidation $902.6

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

17.7 / 19.8 / 28.9Bearish
Supertrend (10,3)

Price is above Supertrend

$397.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$915.93 / $723.8Bearish
Donchian Channel (20)

20-period breakout channel position

29%Range

Momentum

RSI (14)

Neutral zone

47.1Range
MACD (12,26,9)

Histogram is negative

-47.403Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

32.4 / 26.9Bullish
Williams %R (14)

Neutral zone

-67.6Range
CCI (20)

Weak expansion

-158.5Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$114.84 (14.38%)Bearish
Bollinger Bands (20,2)

Width 40.95%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,123 / $641.67Bearish
ATR channel lower / upper

Current Volatility Envelope

$683.6 / $913.28Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.0Range
OBV slope

20-period OBV slope

-6.95%Bearish
Volume ratio

Relative to 20-period average volume

0.81xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,255Range
Support

Nearest Downside Decision Level

$311.49Range

Related Forecasts