MU Weekly Technical Analysis
Micron Technology Inc
American producer of computer memory and data storage solutions, including DRAM (dynamic random-access memory) and NAND flash memory products. Their products are essential for a wide range of applications, from personal computers and mobile devices to data centers and automotive systems.
MU Technical Analysis Summary
Micron Technology is exhibiting an extreme parabolic uptrend, trading well above all key moving averages with the 50-week and 200-week SMAs offering long-term bullish confirmation. Momentum indicators are stretched, with RSI near 88 and MACD extended high above the zero line, suggesting the stock is significantly overbought and susceptible to a volatility contraction or pullback. While the trend is undeniably strong, the massive divergence from the mean (20-week SMA near 256) presents elevated risk for new entries at these levels.
Included In Lists
Related Tickers of Interest
MU Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
The stock is in a vertical parabolic uptrend with strong momentum, confirmed by MACD expansion and price remaining near weekly highs.
Long-term Sentiment (weeks to months): Bullish
Price is trading significantly above upward-sloping 50-week and 200-week SMAs, confirming a robust long-term uptrend.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-01-31T23:31:01.656Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $389.90 | $384.30 - $395.50 | Weak | Current weekly candle low and opening price; immediate short-term support. |
| $255.00 | $250.00 - $260.00 | Strong | Confluence of the rising 20-week SMA and a prior consolidation zone. |
| $165.00 | $160.00 - $170.00 | Strong | Major structural breakout level reinforced by the 50-week SMA. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $457.75 | $455.50 - $460.00 | Strong | Current weekly high and immediate peak of the parabolic move. |
| $500.00 | $500.00 - $500.00 | Weak | Psychological round number resistance in blue-sky territory. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Parabolic Uptrend | Bullish | N/A | Price has accelerated vertically away from moving averages, indicating extreme momentum. |
Frequently Asked Questions about MU
What is the current sentiment for MU?
The short-term sentiment for MU is currently Bullish because The stock is in a vertical parabolic uptrend with strong momentum, confirmed by MACD expansion and price remaining near weekly highs.. The long-term trend is classified as Bullish.
What are the key support levels for MU?
StockDips.AI has identified key support levels for MU at $389.90 and $255.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is MU in a significant dip or a Value Dip right now?
MU has a Value Score of 55/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.