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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 2/20/2026 -
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Micron Technology (MU) Technical Analysis

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Summary:
Weekly :Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overboughtOversold sectorBroken trend resistance line
Daily :
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It was a second consecutive positive week for the Micron Technology (MU). During the week, the MU gained 16.51 points, or 4.01%, and closed at 428.17 on Friday, February 20, 2026. Weekly volume was 10% 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 (60.41) 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 April 7, 2025 at 61.54 and reached 455.50 on January 30, 2026. MU gained -393.96 points, or -640.17%, in 42 weeks. The price is now at the 6.94% retracement level.

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. 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 downtrend had started on January 30, 2026 at 455.50 and reached 363.90 on February 4, 2026. MU lost 91.60 points, or 20.11%, in 5 days. The price is now at the 70.16% 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. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 53.19
Williams' Percentage Range (W%R) 44.00
Lane's Stochastic (%D-Slow) 68.06
Greed/Fear Indicator (GFI) 59.08
Moving Average Converg./Diverg. (MACD) 20.91
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 80.16
Overbought
Williams' Percentage Range (W%R) 13.60
Overbought
Lane's Stochastic (%D-Slow) 85.41
Overbought
Greed/Fear Indicator (GFI) 79.42
Moving Average Converg./Diverg. (MACD) 53.27
Trading Signals
Description Value Chart
Upper Bollinger Band 435.25
Price 428.17
Weekly Stochastic Crossing 424.13
Daily Stochastic Crossing 416.85
20 Day Moving Average 407.91
Parabolic System 376.15
Lower Bollinger Band 359.18
50 Day Moving Average 344.63
Sector and Industry
Description Name Rank
Sector Information Technology 2
Industry Semiconductors 38
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 363.90
Low Date 02/04/2026
High 438.77
High Date 02/12/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 455.50
High Date 01/30/2026
Low 363.90
Low Date 02/04/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 103.38
Low Date 08/01/2025
High 455.50
High Date 01/30/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 61.54
Low Date 04/07/2025
High 455.50
High Date 01/30/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 128.42
Support 60.41
Low 1.59
Low Date 11/20/2008
High 455.50
High Date 01/30/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.