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Stock Charts AI Power Rank: 5.3
Power Rank trend -> Rising
05/16/2025 16:28:00 EST
Micron Technology Inc (MU)
Industry: Semiconductors
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, MU has been trading in a range between $82.62 and $66.74 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
MU is trading between resistance at $103.00 about 5% to the upside and support at $97.71 -0% to the downside. If it can break above the resistance, it could have some more upside to the next line of resistance at $113.41, about a 16% move. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Micron Technology Inc $MU entered a Green zone 2 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $123.347, a potential upside of 33.65% from the recent price of 92.29. The stock is trading 69.91% (potential upside) below its 52 week high of $156.81 and 49.97 % (potential downside) above its 52 week low of $61.54 - based on the recent price.
Company Summary
Micron Technology, Inc designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Mainland China, rest of the Asia Pacific, Hong Kong, Japan, Europe, and internationally. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit.
News
| Here's Why Micron (MU) Gained But Lagged the Market Today In the most recent trading session, Micron (MU) closed at $95.45, indicating a +0.14% shift from the previous trading day. Source: Zacks Investment Research Thu, 15 May 2025 18:45:55 -0400 Sentiment: Positive |
| Marvell Vs Micron Technology: Which AI Chip Stock is the Better Investment Market sentiment has turned rather bullish again, and investors may be eyeing the stocks of these up-and-coming AI chip providers. Source: Zacks Investment Research Thu, 15 May 2025 18:21:06 -0400 Sentiment: Positive |
| 5 Technology Stocks Powering S&P 500 ETF The S&P 500 returns to positive territory in 2025, driven by tech stocks. We highlight five tech stocks leading the rally in the ETF. Source: Zacks Investment Research Thu, 15 May 2025 11:31:06 -0400 Sentiment: Positive |
| Micron: A Strong Blend Of Catalysts And Deep Undervaluation AI adoption is accelerating globally, with both private and public sectors investing heavily in data centers, directly benefiting Micron's growth prospects. The Company's fundamentals are strengthening, driven by aggressive R&D and AI momentum. MU remains massively undervalued, with my DCF model indicating an 86% upside potential based on robust EPS forecasts and strong FCF conversion. Source: Seeking Alpha Thu, 15 May 2025 07:16:33 -0400 Sentiment: Positive |
| Rare Opportunity: Top Chip Stocks to Buy Now (LRCX, ASML, MU) Semiconductor stocks have struggled since last summer, with the SMH ETF underperforming the broader market and several individual names experiencing sharp corrections—a familiar pattern in this highly cyclical industry. Source: Zacks Investment Research Wed, 14 May 2025 15:00:41 -0400 Sentiment: Neutral |
Technicals 52 Week Hi: 156.8122 52 Week Low: 61.54 Beta: 1.211 50 Day MA: 84.0894 200 Day MA: 94.9893 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.986 Qtr Revenue Growth YOY: 0.383 Forward PE: 9.1241 Trailing PE: 22.7804