MU technical analysis
MU Technical Analysis
Analysis date
August 4, 2026
Market
NasdaqGS (USD)
Daily cutoff
August 3, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
MU Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- MU
- Market
- NasdaqGS
- Currency
- USD (US Dollar)
- Latest completed bar
- August 3, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 829.50 | August 3, 2026 | - | Verified |
| Verification series | 829.50 | August 3, 2026 | 0.00% | Verified |
Bottom line
MU Technical Analysis Summary
MU (Micron Technology) is in a sharp correction after a historic rally. The stock climbed from near the 52-week low at 103.21 to a 52-week high of 1254.81, then pulled back to 829.50, roughly 34% below that high. The weekly structure remains bullish with price above the SMA20 (745.60), SMA50 (460.08), and SMA200 (179.23), but momentum has deteriorated on both timeframes. Daily RSI at 44.07 and a negative MACD histogram on the daily and weekly charts show the correction is still in progress. Key support sits at the weekly SMA20 at 745.60, the 20-day low at 737.88, and the 60-day low at 635.32. Resistance is at the daily SMA20 (903.93), the daily SMA50 (966.71), the 20-day high at 1035.50, and the 52-week high at 1254.81. A daily close back above the SMA50 would signal the recovery is gaining traction, while a sustained break below 737.88 would open the door to deeper downside.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 3, 2026)
- Trend
- Mixed. Price at 829.50 is below the SMA20 (903.93) and SMA50 (966.71) but above the SMA200 (521.15). The pullback from the 52-week high at 1254.81 has pushed price below its near-term moving averages, while the upward-sloping SMA200 keeps the longer-term structure intact.
- Momentum
- Bearish. RSI14 at 44.07 is below the 50 midline, indicating negative momentum without reaching oversold territory. MACD at -38.60 is below the signal line at -26.14 with a negative histogram of -12.46, confirming that downside momentum is still dominant.
- Volatility
- Elevated. ATR14 at 88.83 (10.71% of price) reflects very wide daily ranges consistent with the sharp correction in a high-volatility semiconductor stock. Bollinger Bands (767.23 to 1040.62) are wide, with price trading in the lower half of the bands.
- Volume
- Slightly below average. Latest volume of 42,296,300 is 90.2% of the 20-period average (46,874,455), suggesting the bounce on the latest completed bar came on moderate participation.
Assessment
The daily chart shows a sharp pullback within a larger uptrend. Price fell from the 52-week high at 1254.81 to the 20-day low at 737.88 before bouncing to 829.50 on the latest completed bar. Price remains below SMA20 and SMA50 with a negative MACD histogram, and RSI at 44.07 is still below the 50 midline. The 20-day low at 737.88 is the immediate support to watch, while a reclaim of the SMA20 at 903.93 would be the first sign of stabilization.
Weekly (July 27, 2026 week)
- Trend
- Bullish. Price at 823.03 remains above the SMA20 (745.60), SMA50 (460.08), and SMA200 (179.23), with all major moving averages in bullish ascending alignment and the SMA200 sloping up. The long-term uptrend is intact despite the recent correction.
- Momentum
- Cooling. RSI14 at 56.27 is above the 50 midline but has fallen well back from the overbought zone. MACD at 150.01 is below the signal line at 160.70 with a negative histogram of -10.69, reflecting the pullback while the MACD line itself remains strongly positive.
- Volatility
- Elevated. ATR14 at 134.60 (16.35% of price) reflects very wide weekly ranges consistent with the volatility of this stock during the run-up and subsequent correction. Bollinger Bands (241.90 to 1249.30) are extremely wide.
- Volume
- Above average. Weekly volume of 296,090,400 is 120.2% of the 20-week average (246,274,465), showing elevated participation during the correction.
Assessment
The weekly chart preserves a bullish structure with price above all key moving averages, but the correction is real. The latest completed week fell 10.63% and the 5-week return is -27.30%. The negative weekly MACD histogram and RSI cooling to 56.27 show momentum has rolled over from the highs. The weekly SMA20 at 745.60 is the primary near-term support to watch; a weekly close below it would put the SMA50 at 460.08 and the 20-week low at 311.44 further down the list of potential targets.
Key indicators
MU Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 44.07 | 56.27 |
| MACD (12, 26, 9) | -38.60 / -26.14 / -12.46 | 150.01 / 160.70 / -10.69 |
| ATR (14) | 88.83 (10.71%) | 134.60 (16.35%) |
| Bollinger Bands (20, 2) | 767.23 - 1040.62 | 241.90 - 1249.30 |
| SMA (20) | 903.93 | 745.60 |
| SMA (50) | 966.71 | 460.08 |
| SMA (200) | 521.15 | 179.23 |
Price structure
MU Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 829.50 | 823.03 |
| 1-Period Return | +0.79% | -10.63% |
| 5-Period Return | -7.85% | -27.30% |
| 20-Period Return | -15.77% | +93.25% |
| 60-Period Return | +24.46% | +660.07% |
| 252-Period Return | +661.25% | +1087.26% |
| 52-Week Low | 103.21 | 105.29 |
| 52-Week High | 1254.81 | 1254.81 |
| 52-Week Position | 63.07% | 62.44% |
Key levels
MU Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 1035.50 | 1254.81 |
| 20-Period Low | 737.88 | 311.44 |
| 60-Period High | 1254.81 | 1254.81 |
| 60-Period Low | 635.32 | 103.21 |
Scenarios
MU Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price reclaims and holds above the SMA20 at 903.93 and the SMA50 at 966.71 on the daily chart, then breaks above the 20-day high at 1035.50 toward the 52-week high at 1254.81.
Invalidation
A daily close below the 20-day low at 737.88.
What to watch
Daily RSI climbing back above 50 and the daily MACD histogram turning positive; volume rising on up days; the weekly MACD histogram improving toward positive.
Range-Bound
Trigger
Price oscillates between the 20-day low at 737.88 and the 20-day high at 1035.50, with the SMA20 near 903.93 and SMA50 near 966.71 acting as the middle of the range.
Invalidation
A decisive break of either boundary with expanding volume.
What to watch
RSI fluctuating between 35 and 55; the daily MACD histogram staying negative but not deepening; volume staying near or below the 20-day average.
Bearish
Trigger
Price breaks below the 20-day low at 737.88 and the weekly SMA20 at 745.60, then the 60-day low at 635.32.
Invalidation
Price reclaims the SMA20 at 903.93 and holds above it.
What to watch
Sustained closes below the SMA20 and SMA50; the daily MACD histogram deepening negative; the weekly RSI crossing below 50; volume rising on down days.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 3, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 3, 2026, weekly July 27, 2026 week. Generated August 4, 2026.
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