Uptrend Under Pressure 100
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 100/100 · 7 distribution days (SPY) Oct 26 Full briefing →
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MU · Micron Technology, Inc.

$903.70 +2.98% Oct 26 close
Detected setup Trend Only · Setup Score 84/100

Stand aside — setup invalidated

Setup score 84, but distribution days reach 5 or more — stand aside until the condition resets.

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$MU

Micron Technology, Inc.

Micron Technology, Inc. is a mega-cap Semiconductors company in the Electronic Technology sector with a market cap of $1.0T.

Electronic Technology Semiconductors stock Stage 2 · Advancing Base 1
$903.70 latest close
Market Structure
Trend structure: downtrend
Latest event: structure_shift (bearish)
Support 435.90–438.77 · 3 touches · moderate
Momentum Turn Watch
Daily Oversold Pullback Williams %R(14) touched -97 2 session(s) ago after a 26% pullback from the 6-month high ($1213.56). Price is holding just above the rising 30-week average near $861.10, with the weekly uptrend intact (30-week SMA $861.10 and not falling).
Early technical context only. Wait for price, volume, and the canonical setup trigger to confirm; this signal does not change readiness or the setup score.
Historical record

No active setup in the latest scan — this page shows the last detection Legend AI made for $MU. Every level, score and criterion below is computed from the Oct 26 close session (latest session), and may no longer hold.

Historical verdict · setup score 84/100 · data Oct 26 close · latest session

Stand aside — setup invalidated

Setup score 84, but distribution days reach 5 or more — stand aside until the condition resets.

Recent price action · daily
$800$1,000AugSepOct$904

What would change this verdict

What needs to turn for this to become buyable — the top failing checks across the legend council:

  • Minervini 1.5 Price > 50-day MA — Price $903.70 vs MA50 $981.37
  • Minervini 1.7 Price within 25% of 52-week high — 28.0% below 52-week high
  • O'Neil N: Near 52-week high or RS line new high — 28.0% below high | RS line new high: False
  • O'Neil S: Base tightness (ATR% ≤ 4.5%) — ATR% 5.64%
  • Weinstein Volume expansion above average — Volume ratio 0.88x
  • Dennis S1: 20-day Donchian breakout
Minority view — the council disagrees here
  • Minervini: avoid Trend-template read: fails Price > 50-day MA.
  • O'Neil: watch CANSLIM read: 3/8 pass; improvement is still needed.
  • Weinstein: watch Stage-analysis read: Stage 2 is present; 1 supporting checks need improvement.
74 Strong
Legend Score · rates the stock Strong (74/100) — held back by eps growth

Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.

  • Relative Strength (25%) 99
  • Trend Template (25%) 100
  • Institutional Footprint (20%) 60
  • EPS Growth (15%) 32
  • Quality (SMR-like) (15%) 47

RS rank 98: top 2% of all stocks — true leadership. Trend template 8/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 60: mild accumulation. EPS up +1% — growing, but below the 25% leadership bar. Quality 47: weak fundamentals (sales growth 34, return on equity 43, leverage 100). Updated 2026-10-13.

Earnings

Normal technical setup

Next earnings Wednesday, September 30, 2026 Report time not confirmed by the source

Deterministic evidence

MU+2.98%
Semiconductor proxy · SMH+2.74%
Broad market · SPY+0.71%
Same completed session window ending 2026-10-26. MU was +0.24 points vs SMH. +2.27 points vs SPY.

Session internals Mixed

Rule: direction and internals disagree — it met neither the strong nor the weak rule. Judged on internals, not on the size of the move.

Vs prior close+2.98% From the open+1.55% Range position63% GapNo gap
QQQ confirmationConfirming (+1.11%) SMH confirmationConfirming (+2.74%)
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $903.70 +3.0% Oct 26 close
52W High $1255.00 21.2% below high
Wks Since High 15w 17w today
Base Depth 39.1% 41.2% today
RS Rank 97 percentile of scan
SMA 50 $981.37
Avg Vol 26,048,060
Rel Vol (Oct 26) 0.88× 0.64× on up days
More stats
52W Low $192.59
Tight Wks 0
Base B1
SMA 200 $734.99
RS Line vs High -23.1%
RS Line Slope +3.8% ▲
Group Rank #10/66
ADR% 4.1%
ATR(14) $50.98 (5.6%)
Vol Pace (live) N/A
A/D Days 17A / 21D
A/D Rating E
VDU Bars 0/10 d
Earnings past
Position in 52-week range 67thpercentile of the 52-week range
$192.59low
$1255.00high

MU Chart

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Technical Analysis Report Card

$MU · $903.70 · as of 2026-10-26 · multi-factor read
35
/ 100
Technicals 35/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▼ Downtrend
Weekly ▬ Sideways / consolidating
Monthly ▼ Downtrend

Moving Averages

50-day$981.37 ↓
100-day$971.04 ↓
200-day$734.99 ↑
Bullish (50 > 200)

RSI (14)

Reading42.3 · Bearish

Bearish momentum — sellers in control.

MACD (12/26/9)

StateBearish
Histogram-13.053

Bearish — MACD below its signal line and below zero. Histogram expanding.

Bollinger Bands (20,2)

%B / Width27% · 34.1%

Mid-band — no directional band edge in play.

Volume · Buyer vs Seller

Up/Down vol0.64 · Distribution
Rel volume0.88×
Pocket pivots · 10d1
5d vs 50d vol88%
Heavy vol up / down0 / 0

Distribution — volume is concentrated on down days; sellers dominate. Recent volume is easing versus its baseline.

  • Pocket pivot 7 sessions ago — up-day volume beat every down day of the prior 10 sessions.

Support & Resistance

R · $1011.77swing level
R · $1039.27swing level
R · $1089.29swing level
Price · $903.70now
S · $889.63swing level
S · $854.35swing level
S · $804.00swing level

Fibonacci · Uptrend swing

23.6%$1106.93
38.2%$1015.33
50.0%$941.29
61.8%$867.25
78.6%$761.85

Retracement support zones measured from the recent swing low up to the high.

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Daily downtrendMonthly downtrendAbove 200-day MA50/200 bullishVolume distributionRS 98 (leader)
Want this read in a legend's voice? Ask a Legend about MU
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (84/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.

Council consensus: 7 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini Avoid B Trend-template read: fails Price > 50-day MA.

partialRule check says AVOID (8/10 checks passed) — Trend-template read: fails Price > 50-day MA.

Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $903.70, MA150 $845.93, MA200 $734.99
1.2 150-day MA > 200-day MAMA150 $845.93 vs MA200 $734.99
Failing evidence
1.5 Price > 50-day MAPrice $903.70 vs MA50 $981.37
1.7 Price within 25% of 52-week high28.0% below 52-week high
8/10 checks
O'Neil Watch D CANSLIM read: 3/8 pass; improvement is still needed.
Passing evidence
C: Quarterly EPS acceleration ≥ 25%+105.8% QoQ
L: RS rank ≥ 80 (IBD leadership)RS rank 98
Failing evidence
N: Near 52-week high or RS line new high28.0% below high | RS line new high: False
S: Base tightness (ATR% ≤ 4.5%)ATR% 5.64%
3/8 checks
Weinstein Watch B Stage-analysis read: Stage 2 is present; 1 supporting checks need improvement.

mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $903.70 vs MA200 $734.99
Failing evidence
Volume expansion above averageVolume ratio 0.88x
6/7 checks
dennis Watch C Turtle read: no Donchian signal. The system stays flat until price takes out the 20-day high.
Passing evidence
No breakdown below the 20-day channel20-day low $849.25
Volatility-unit sizing (1N ≈ 1% of equity)1N = $48.58 (5.38% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
5/7 checks
zanger Avoid D Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $1,039.25-$1,084.44; trail the rest
Trail on the 10/20-day MA10-day MA $902.98 · 20-day MA $979.18 — exit the remainder on a close below the trail
Failing evidence
Named Zanger pattern onlyTrend Only is not one of Zanger's six
Not extended (≤5% above the breakout point)Data unavailable
3/6 checks
zweig Watch B Zweig read: part of his screen passes but not all: Insider buying — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
EPS growth above the market (≥15% QoQ)+105.8% QoQ — Zweig wants growth above the S&P average
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 12.2x — no PEG or forward P/E stored
Failing evidence
Insider buyingNo insider buying flagged
Monetary conditions: don't fight the FedFed series stored but too thin to read direction
5/8 checks
Livermore Watch B Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$903.70
Relative strengthRS 98
Failing evidence
Volume vs average0.88x
Distance from 52-week high28.0% below high
3/6 checks
Darvas Watch B Box-theory read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$903.70
Relative strengthRS 98
Failing evidence
Volume vs average0.88x
Distance from 52-week high28.0% below high
3/6 checks
Wyckoff Watch B Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$903.70
Relative strengthRS 98
Failing evidence
Volume vs average0.88x
Distance from 52-week high28.0% below high
3/6 checks
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
368RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net -1 E
A: 14 D: 15 Net: -165 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 6/7 met
A 6/7 criteria
Separate score from the Minervini Trend Template (6/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
✓ EPS acceleration ≥25% QoQ +106%
✓ Revenue growth ≥20% YoY +256%
✓ Gross margin ≥30% 73%
✓ ROE ≥17% 71%
✓ RS rating ≥80 (leadership) 98
✓ Stage 2 uptrend (Weinstein) Stage 2
✗ Within 25% of 52W high -28.0%

Method Playbook

Trade it like Livermore EXACT LEVELS · PRO
Livermore B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Treat the resistance break as a pivotal point only while the primary trend and relative strength remain aligned.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Wait for price and volume to confirm the pivotal-point break; anticipation below the line is not confirmation.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Place the initial stop below the pivotal line or the reaction low that would prove the breakout false.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Raise protection beneath successive higher reaction lows as the trend advances; never move a protective line farther away.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit when price fails the pivotal line, breaks the latest meaningful reaction low, or shows abnormal reversal action.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Forming Patterns (predictive — not confirmed)

Head & Shoulders bearish forming
75% built

Possible head & shoulders top — not confirmed. Watch for a daily close below ~737.88 (neckline) to confirm, with measured-move risk toward ~220.76. A push back above 1108.72 weakens the pattern; reclaiming 1255.00 invalidates it.

Confirms below 737.88
Invalidates at 1255.00
Left Shoulder 1089.29
Head 1255.00
Right Shoulder 1108.72
Neckline 737.88
Target 220.76

LS 1089.29 / head 1255.00 / RS 1108.72, neckline ~737.88, vol_fading=yes

Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.

Pattern Analysis (historical)

84 setup score
RS Score 98
Trend template 6/8
The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

2/7 universals met
  • Clear of earnings — not met in -27 days — event risk
  • Risk is defined — not met No stop — undefined risk
  • Asymmetric reward — partly met No target set
  • Not chasing (in range) — partly met Pivot distance unknown
  • Volume confirms — partly met 0.9× average — light
  • A relative-strength leader — met RS rank 97
  • In a confirmed uptrend — met Stage 2 · Trend template 6/8
Why these seven? → The Universal Edge

Minervini Trend Template

6/8

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $903.70 vs SMA150 $845.93 / SMA200 $734.99
SMA 150 above SMA 200 SMA150 $845.93 vs SMA200 $734.99
SMA 200 trending up Slope +69.88 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $981.37
Price above SMA 50 $903.70 vs SMA50 $981.37
30%+ above 52-week low +369.2% from $192.59
Within 25% of 52-week high -28.0% from $1255.00
RS score above 70 RS 98

Fundamentals

52W Range
67%
Mkt Cap SEC
1.0T
EPS QoQ
+106%
Rev YoY
+256%
ROE
71%
Gross Margin
73%
D/E
0.27
EPS TTM
$74.33
P/E TTM
12.2x
Float
1.1B
Insider
No Buy

Company

Company profile
Micron Technology, Inc.
MU · NASDAQ · Electronic Technology · Semiconductors

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
8/8
W. RS
100
W. Support
$408.50
W. Resist
$1255.00
Weekly Structure

Scan History

Oct 08: 97 (Inverse Head & Shoulders)Oct 09: 90 (Inverse Head & Shoulders)Oct 09: 91 (Inverse Head & Shoulders)Oct 10: 89 (Inverse Head & Shoulders)Oct 12: 89 (Inverse Head & Shoulders)Oct 13: 84 (Trend Only)84
Oct 13
Trend Only ✓ Gate
84
Oct 12
Inverse Head & Shoulders ✓ Gate
89 -8.6%
Oct 10
Inverse Head & Shoulders ✓ Gate
89 -8.6%
Oct 09
Inverse Head & Shoulders ✓ Gate
91 -12.2%
Oct 09
Inverse Head & Shoulders ✓ Gate
90 -12.2%
Oct 08
Inverse Head & Shoulders ✓ Gate
97 -12.8%

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