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Downtrend Broken Resist.Archive
- 8/14/2026 -
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Micron Technology (MU) Technical Analysis
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| Summary:
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| | It was a second consecutive positive week for the Micron Technology (MU). During the week, the MU gained 94.09 points, or 10.72%, and closed at 971.66 on Friday, August 14, 2026. It was the best weekly gain since June 18, 2026. Weekly volume was -16% below average.
 Long-term trend: [See MU long-term trend chart]
A long-term uptrend had started on November 20, 2008 at 1.59 and reached 1255.00 on June 25, 2026. MU gained -1253.41 points, or -78830.82%, in 918 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (85.08) 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 downtrend had started on June 25, 2026 at 1255.00 and reached 737.88 on July 29, 2026. MU lost 517.12 points, or 41.20%, in 4 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (638.70) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. MU may retest the broken resistance line. It is considered to be a support line now. 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 technical indicators are neutral.
The weekly MACD line is below its signal line since July 24, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. 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 July 29, 2026 at 737.88 and reached 984.00 on August 14, 2026. MU gained -246.12 points, or -33.36%, in 16 days. The price is now at the 5.01% retracement level.
 Daily Technical Indicators: [See MU daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. 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 link to access Williams' Percentage Range help.
The daily MACD line is above its signal line since August 5, 2026. This is an indication that the short-term trend is up.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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