US stock / ETF

Micron Technology, Inc.

MU · NASDAQ · USD

1 weekBearish63%
Weekly Downside probability 63%Bearish

MU 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $909.15 and stabilize above resistance $1,255.

Invalidation Trigger

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

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 51.3, MACD -29.012

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $115.58 (13.06%)

Weekly

EMA Structure

Bullish
EMA 8$962.52Bearish
EMA 21$909.15Bearish
EMA 50$709.55Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.3 · MACD -29.012

Neutral zone

Strength
Bearish
Volatility
ATR $115.58 · BB 35.34%

High volatility

Strength
Bearish
Volume
MFI 49.4 · OBV -12.64%

Relative to 20-period average volume

Strength
Range
Price Levels
$311.49 - $1,255

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+54.82% · 4.2 ATR above latest close

$1,370.6
Nearest resistance

+41.76% · 3.2 ATR above · 34-bar high

$1,255
Current price

Price shown is delayed

$885.29
Nearest support

-64.81% · 5.0 ATR below · 34-bar low

$311.49
Deeper support zone

-77.87% · 6.0 ATR below latest close

$195.91
ATR zone

Latest close ± ATR14

$769.71 - $1,000.9

Indicators

Trend

Dow Theory Structure

Confirmation $1,108.7, invalidation $902.6

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

Trend strength is active

23.7 / 16.9 / 24.4Bearish
Supertrend (10,3)

Price is above Supertrend

$600.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$925.3 / $723.8Bearish
Donchian Channel (20)

20-period breakout channel position

29%Range

Volatility

ATR (14)

High volatility

$115.58 (13.06%)Bearish
Bollinger Bands (20,2)

Width 35.34%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,108 / $723.99Bearish
ATR channel lower / upper

Current Volatility Envelope

$769.71 / $1,000.9Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,255Range
Support

Nearest Downside Decision Level

$311.49Range

Momentum

RSI (14)

Neutral zone

51.3Range
MACD (12,26,9)

Histogram is negative

-29.012Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.8 / 52.1Bearish
Williams %R (14)

Neutral zone

-60.2Range
CCI (20)

Balanced zone

-89.3Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.4Range
OBV slope

20-period OBV slope

-12.64%Bearish
Volume ratio

Relative to 20-period average volume

0.52xBearish

Trend

Dow Theory Structure

Confirmation $1,108.7, invalidation $902.6

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

Trend strength is active

23.7 / 16.9 / 24.4Bearish
Supertrend (10,3)

Price is above Supertrend

$600.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$925.3 / $723.8Bearish
Donchian Channel (20)

20-period breakout channel position

29%Range

Momentum

RSI (14)

Neutral zone

51.3Range
MACD (12,26,9)

Histogram is negative

-29.012Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.8 / 52.1Bearish
Williams %R (14)

Neutral zone

-60.2Range
CCI (20)

Balanced zone

-89.3Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$115.58 (13.06%)Bearish
Bollinger Bands (20,2)

Width 35.34%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,108 / $723.99Bearish
ATR channel lower / upper

Current Volatility Envelope

$769.71 / $1,000.9Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.4Range
OBV slope

20-period OBV slope

-12.64%Bearish
Volume ratio

Relative to 20-period average volume

0.52xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,255Range
Support

Nearest Downside Decision Level

$311.49Range

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