Is Micron Technology, Inc. technically bullish or bearish?

Jun 25 2025 08:17 AM IST
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As of June 6, 2025, Micron Technology, Inc. shows a mildly bullish trend supported by the weekly MACD and Bollinger Bands, despite some caution from the monthly MACD and short-term weakness indicated by daily moving averages.
As of 6 June 2025, the technical trend for Micron Technology, Inc. has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive outlook, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands show a mildly bullish stance on the weekly chart and bullish on the monthly, reinforcing the upward momentum. The Dow Theory aligns with this by indicating a mildly bullish trend in both weekly and monthly time frames. However, the daily moving averages are mildly bearish, suggesting short-term weakness. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands.
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