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Archive
- 2/27/2026 -
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Micron Technology (MU) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Micron Technology (MU). During the week, the MU dropped -15.80 points, or -3.69%, and closed at 412.37 on Friday, February 27, 2026. Weekly volume was 17% above average.
MU is a member of Information Technology Sector. Information Technology is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See MU long-term trend chart]
A long-term uptrend had started on November 20, 2008 at 1.59 and reached 455.50 on January 30, 2026. MU gained -453.91 points, or -28547.80%, in 897 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (60.49) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See MU medium-term trend chart]
A medium-term uptrend had started on August 1, 2025 at 103.38 and reached 455.50 on January 30, 2026. MU gained -352.12 points, or -340.61%, in 26 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (277.24) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See MU weekly technical indicators chart]
Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.
The weekly MACD line is above its signal line since May 9, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
 Short-term trend: [See MU short-term trend chart]
A short-term uptrend had started on February 4, 2026 at 363.90 and reached 438.77 on February 12, 2026. MU gained -74.87 points, or -20.57%, in 8 days. The price is now at the 35.26% retracement level.
 Daily Technical Indicators: [See MU daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since February 3, 2026.
 Candlestick pattern: [See MU candlestick chart pattern]
On Friday the chart has formed a Bullish Meeting Lines Candlestick pattern. This pattern appears during a decline, and it is a sign that a potential bullish reversal is in play. The reliability of the Bullish Meeting Lines Candlestick pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bullish Meeting Lines Candlestick pattern during the last week.
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