Micron Technology Share Price | Micron Stock Chart | Micron Technology Stock Price Today | IFCM UAE
IFC Markets Online CFD Broker

Micron Technology Stock Price Chart

Micron Share Price Today

  • 1m
  • 5m
  • 15m
  • 30m
  • 1h
  • 4h
  • 1d
  • 1w
  • 1m
  • 5m
  • 15m
  • 30m
  • 1h
  • 4h
  • 1d
  • 1w

Try Trading Simulator

0
Leverage 1:20
Margin 1000
Calculation base
Status: Closed Trading
Change:
Quotation in USD
Prev. closing
Open price
Today, max.
Today, min.

MU Technical Analysis

The technical analysis of the Micron stock price chart on 4-hour timeframe shows #S-MU,H4 is retreating toward the 200-period moving average MA(200) which is rising still. We believe the bearish momentum will continue after the price breaches below the lower boundary of Donchian channel at 116.15. This level can be used as an entry point for placing a pending order to sell. The stop loss can be placed above 124.48. After placing the order, the stop loss is to be moved every day to the next fractal high indicator, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (124.48) without reaching the order (116.15), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Stocks - MU

Micron stock edged up after news US government will provide over $6 billion support to Micron for chip production in US. Will the Micron stock price reverse retreating?

The Biden administration has reached an agreement to provide $6.1 billion for Micron Technology to produce advanced memory computer chips in New York and Idaho. The funding comes from the 2022 CHIPS and Science Act, which is set to provide government support for chip manufacturers to produce chips in US. Micron plans to invest $100 billion in upstate New York over the next two decades. Micron stock edged up 1.82% in after-hours trade following the announcement. Government aid for expanding production is bullish for a company stock. Micron stock peaked two weeks ago after the earthquake in Taiwan. Micron Technology announced last week the April 3 earthquake in Taiwan would hurt a calendar quarter of its dynamic random access memory - DRAM supply by up to a mid-single digit percentage. Chip supply shortage is bearish for Micron stock price.

IndicatorSignal
RSI Neutral
MACD Sell
Donchian Channel Sell
MA(200) Buy
Fractals Sell
Parabolic SAR Sell
Learn more
Close support
Call to Skype Call to WhatsApp Call to telegram Call Back Call to messenger