MICRON TECHNOLOGY INC. - Daily - Technical analysis published on 07/03/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Additional analysis
Quotes
The MICRON TECHNOLOGY INC. price is 39.60 USD. The price registered a decrease of -1.27% on the session and was traded between 39.03 USD and 40.03 USD over the period. The price is currently at +1.46% from its lowest and -1.07% from its highest.The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this MICRON TECHNOLOGY INC. chart shows a bullish trend. The signals returned by the moving averages are 64.29% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
In fact, 14 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near resistance of triangle
Type : Bearish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 34.92 | 36.49 | 37.83 | 39.60 | 40.01 | 41.62 | 43.99 |
Change (%) | -11.82% | -7.85% | -4.47% | - | +1.04% | +5.10% | +11.09% |
Change | -4.68 | -3.11 | -1.77 | - | +0.41 | +2.02 | +4.39 |
Level | Major | Major | Intermediate | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 37.36 | 38.55 | 39.33 | 40.52 | 41.30 | 42.49 | 43.27 |
Camarilla | 39.57 | 39.75 | 39.93 | 40.11 | 40.29 | 40.47 | 40.65 |
Woodie | 37.15 | 38.45 | 39.12 | 40.42 | 41.10 | 42.39 | 43.06 |
Fibonacci | 38.55 | 39.30 | 39.77 | 40.52 | 41.27 | 41.74 | 42.49 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 27.54 | 30.08 | 34.33 | 36.87 | 41.12 | 43.66 | 47.91 |
Camarilla | 36.72 | 37.35 | 37.97 | 38.59 | 39.21 | 39.83 | 40.46 |
Woodie | 28.41 | 30.51 | 35.19 | 37.30 | 41.99 | 44.09 | 48.78 |
Fibonacci | 30.08 | 32.67 | 34.27 | 36.87 | 39.46 | 41.06 | 43.66 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
RSI (14): | 65.66 | |
MACD (12,26,9): | 0.7300 | |
Directional Movement: | 22.89 | |
AROON (14): | 71.43 | |
DEMA (21): | 36.31 | |
Parabolic SAR (0,02-0,02-0,2): | 34.28 | |
Elder Ray (13): | 3.12 | |
Super Trend (3,10): | 35.34 | |
Zig ZAG (10): | 39.60 | |
VORTEX (21): | 1.0300 | |
Stochastique (14,3,5): | 83.36 | |
TEMA (21): | 38.01 | |
Williams %R (14): | -22.05 | |
Chande Momentum Oscillator (20): | 6.94 | |
Repulse (5,40,3): | -1.9300 | |
ROCnROLL: | 1 | |
TRIX (15,9): | -0.1200 | |
Courbe Coppock: | 22.14 |
MA7: | 37.04 | |
MA20: | 34.85 | |
MA50: | 36.79 | |
MA100: | 38.98 | |
MAexp7: | 37.70 | |
MAexp20: | 35.88 | |
MAexp50: | 36.53 | |
MAexp100: | 37.76 | |
Price / MA7: | +6.91% | |
Price / MA20: | +13.63% | |
Price / MA50: | +7.64% | |
Price / MA100: | +1.59% | |
Price / MAexp7: | +5.04% | |
Price / MAexp20: | +10.37% | |
Price / MAexp50: | +8.40% | |
Price / MAexp100: | +4.87% |
News
The last news published on MICRON TECHNOLOGY INC. at the time of the generation of this analysis was as follows:
- Thinking about trading options or stock in Apple, Deere, Kohl's, Micron Technology, or Wells Fargo?
- How Investors Should Approach the Trade Talks, the Federal Reserve and Micron
- Thinking about buying stock in Aurora Cannabis, Acasti Pharma, Beyond Meat, Aerohive Networks, or Micron Technology?
- Micron Solutions, Inc. Announces Real Estate Sale, Changes to its Board of Directors and Letter from NYSE American
- InvestorsObserver releases stock and option data on Bank of America, Canada Goose, Micron Technology, Snap, and TJX
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