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Micron Technology Inc

Technical StanceHOLD
This Edition
Pre-Market08:45 NY
Next Edition
Midday12:45 NY
The View in Brief

Micron is still holding below its 50-day average; the view stays HOLD until the 928.45 peak is cleared.

Current PriceReal-Time
$925.69+ 2.43%
0.7% Above the ZoneAt Analysis: $924.70
Plan Reading

Price is 0.7% above the zone; the plan does not chase and waits for a pullback toward $918.88.

What Does HOLD Mean?
Trend
Mixed
Below the 50-Day, Above the 200
Momentum
Weak
RSI 42 · MACD Below Signal
Volume
Normal
0.8× the Average
Entry Zone
902.60 – $918.88
Distance From Price − 0.7%
Targets
971.04, $989.96
Distance From Price + 4.9%
Stop
$865.00
Distance From Price − 6.6%

Risk / Reward1 : 1.0

Risk
$53.885.9%
Reward
$52.165.7%
From the Zone Top · $918.88

Company Analysis

Technical Focus · Tool: Claude

This stock's technical analysis refreshes itself three times a day. The next edition is at 12:45 NY; you may want to wait for it before asking Claude for a new analysis.

Claude writes a second opinion independent of the site's own analysis; while the market is open it reads the live price.

Price Map

LevelPriceDistance From Price
  1. Target 2$989.96+ 6.9%
  2. Resistance$981.37+ 6.0%
  3. Target 1$971.04+ 4.9%
  4. Resistance$933.72+ 0.9%
  5. Resistance$928.45+ 0.3%
  6. Current PriceReal-Time$925.69
  7. Entry Zone902.60 – $918.88− 0.7%
  8. Support$887.61− 4.1%
  9. Support$867.76− 6.3%
  10. Stop$865.00− 6.6%

$865.00 · Below This Level: Plan Void

Levels run from highest to lowest price. Bars show distance from the current price on a shared scale; row spacing does not represent price distance.

Assessment

Micron trades 4.7 – 5.7% below its 20, 50 and 100-day averages. It remains well above the 200-day at 734.99. RSI sits at a neutral 42, and MACD has been negative since a sell cross 14 sessions ago. Yesterday's 887.61 – 902.60 zone has been left behind; we move it up to the 902.60 and 918.88 lows. The stop sits under the 867.76 S2, since little support remains if both lows break.

Reading the Volume

Last session's volume came in at 0.85 times the 20-day average; the rebound lacked strong buyer participation.

Scenarios

Scenarios on the Price Axis

Levels come from the scenario text; only figures that match a recorded level are drawn. Distances are measured from the price above the rail.

Bull Case

A move through the 928.45 peak and the 933.72 R2 puts the 100-day at 971.04 in play. Confirmation needs a daily close in that area; an intraday spike is not enough.

Bear Case

If the 918.88 and 902.60 lows break in turn, selling could extend to 887.61. The stop is at 865; holding below S2 would show the downtrend is intact.

Behind the Levels

Targets
971.04 is the 100-day average, 989.96 a chart peak.
Entry Zone
The 918.88 and 902.60 chart lows; the 900.74 pivot sits just below.
Stop
Below the 867.76 S2 pivot; about 0.8 ATR under the zone's lower edge.

What Does HOLD Mean?

Full Guide

The picture is mixed, or the trend is fine but price is far from the entry zone. There is not enough reason for a new purchase or for selling; the plan is waiting for a level to settle.

If You Don't Own It
No rush. If an entry zone is given, wait for price to reach it and for confirmation (a close that holds in the zone, above-average volume); without a zone, watch the listed supports and resistances.
If You Own It
HOLD does not mean sell: the position is held. Watch the stop if one is given, otherwise the nearest support; a break lower can turn the view to SELL.
All at Once or in Steps?
A new purchase comes after confirmation and is again spread across the zone. Waiting for a BUY view before adding avoids growing a position in a weakening stock.
The Other Views
  • BUYTrend up; entry zone, stop and targets defined.
  • SELLTrend down; no new buying, rallies are a chance to reduce.

Why the View Rarely Changes. The view is reviewed in every edition but changes only on a concrete trigger: a moving average breaking, price closing under the stop, or the entry zone being rebuilt. Indicators come from daily closes; the plan is written for readers of the daily chart, not for intraday trading.

Indicators

Indicators are computed as of the Oct 26 close; the price is real-time (IEX).
Trend
Mixed
Below the 50-Day, Above the 200
Momentum
Weak
RSI 42 · MACD Below Signal
Volume
Normal
0.8× the Average
52-Week Position
26.2% Below the High
Low $192.59 · High $1,255.00

Moving Averages

The average close of the last 20, 50, 100 and 200 sessions. Above the average, buyers led that stretch; below it, sellers did.

20-Day
$979.18− 5.5%
50-Day
$981.37− 5.7%
100-Day
$971.04− 4.7%
200-Day
$734.99+ 25.9%

The percentage is the current price's distance from each average; the ladder measures from price to level.

RSI (14)

Neutral Zone

Measures how fast price has risen on a scale of 0 to 100. Above 70 means a fast run up, below 30 a fast drop; on its own it is not a buy or sell signal.

42.3/ 100

Oversold0–30Neutral Zone30–70Overbought70–100

MACD (12, 26, 9)

Below Signal

Tracks the gap between two moving averages. When MACD sits above its signal line the move is speeding up; below it, slowing down.

MACD
-34.67
Signal
-21.61
Histogram
-13.05

Right of zero is positive; left is negative. The histogram is the difference between MACD and its signal.

Crossed 14 Sessions Ago

Volume

0.8×

How many shares changed hands that session. Above average means real interest behind the move; below it, a thin move.

Last Session
22.9 M
20-Day Average
27.0 M

Versus Average

Daily Range (ATR 14)

How much the price swings in an average day. A stop inside that swing gets hit on an ordinary day.

$47.16Share of Price 5.1%

52-Week Range

26.2% Below the High

The lowest and highest price of the past year; the marker shows where today's price sits in that band.

Low $192.59High $1,255.00

Pivot Levels

Reference prices from the previous session's high, low and close. P is the balance point: above it is the buyers' side, below it the sellers'. R levels are resistance candidates, S levels support.

R2Resistance 2
$933.72+ 0.9%
R1Resistance 1
$918.71− 0.8%
PPivot
$900.74− 2.7%
S1Support 1
$885.73− 4.3%
S2Support 2
$867.76− 6.3%

What to Watch

  • 928.45 peak: a close above it brings the 100-day at 971.04 into view.
  • 902.60 low: a close below it voids this morning's zone.

Stance History

DateEditionStanceEntry ZoneStopPlan Drift799.50 – $918.88
Oct 27Pre-MarketHOLD902.60 – $918.88$865.00
Oct 26Late SessionHOLD887.61 – $902.60$851.50
Oct 26Pre-Market – Midday2 EditionsHOLD858.00 – $875.93$799.50
Oct 23Midday – Late Session2 EditionsHOLD858.00 – $871.35$832.00
Oct 23Pre-MarketHOLD$858.00$800.00
Oct 22Midday – Late Session2 EditionsHOLD$858.00$800.00
Oct 22Pre-MarketHOLD858.00 – $871.52$800.00
Oct 21Midday – Late Session2 EditionsHOLD898.83 – $902.60$855.00

Editions that stayed the same within a day share one row. The bar shows the entry zone and the stop (red tick) on a common scale between the lowest and highest level in the table.

Moving averages, RSI, MACD, volume and pivot levels are calculated from the site's own daily price data. The stance, levels and scenarios are written on top of those indicators by Claude.

The stance and levels here are a reading of technical indicators. Not Investment Advice; do your own research before deciding.

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