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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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- 12/26/2025 -
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Micron Technology (MU) Technical Analysis

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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is strongly overboughtRelative Strength Index, Lane's Stochastic and MACD bearish divergence
Daily :Williams' Percentage Range and Lane's Stochastic are strongly overbought
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It was a fifth consecutive positive week for the Micron Technology (MU). During the week, the MU gained 18.87 points, or 7.10%, and closed at 284.79 on Friday, December 26, 2025. Weekly volume was -7% 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 290.87 on December 26, 2025. MU gained -289.28 points, or -18193.71%, in 892 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (59.87) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 290.87 on December 26, 2025. MU gained -187.49 points, or -181.36%, in 21 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 225.09 and resistance is at 312.46. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See MU weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Weekly Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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. 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 December 17, 2025 at 221.69 and reached 290.87 on December 26, 2025. MU gained -69.18 points, or -31.21%, in 9 days. The price is now at the 8.79% retracement level.

Daily Technical Indicators: [See MU daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic.

The daily MACD line is above its signal line since December 18, 2025. This is an indication that the short-term trend is up.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 68.53
Williams' Percentage Range (W%R) 0.00
Strong Overbought
Lane's Stochastic (%D-Slow) 93.39
Strong Overbought
Greed/Fear Indicator (GFI) 87.29
Overbought
Moving Average Converg./Diverg. (MACD) 9.37
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 77.20
Bearish
Williams' Percentage Range (W%R) 0.00
Strong Overbought
Lane's Stochastic (%D-Slow) 75.96
Bearish
Greed/Fear Indicator (GFI) 79.11
Moving Average Converg./Diverg. (MACD) 30.69 Bearish
Trading Signals
Description Value Chart
Monthly Trendline Resistance 312.46
Upper Bollinger Band 290.46
Daily Stochastic Crossing 286.06
Price 284.79
Weekly Stochastic Crossing 271.33
20 Day Moving Average 250.57
Parabolic System 247.12
50 Day Moving Average 234.79
Lower Bollinger Band 215.84
Sector and Industry
Description Name Rank
Sector Information Technology 6
Industry Semiconductors 65
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 221.69
Low Date 12/17/2025
High 290.87
High Date 12/26/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 192.59
Low Date 11/21/2025
High 290.87
High Date 12/26/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 312.46
Support 225.09
Low 103.38
Low Date 08/01/2025
High 290.87
High Date 12/26/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 61.54
Low Date 04/07/2025
High 290.87
High Date 12/26/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 127.25
Support 59.87
Low 1.59
Low Date 11/20/2008
High 290.87
High Date 12/26/2025
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.