Micron Technology (MU) closed the week at $207.37, having traded as high as $260 where it was 48% above the 40 week moving average. The weekly MACD-V indicator is at an extended level of 186, making further immediate gains unlikely.
The 21 week choppiness index is at 31 which is a warning sign that the recent bullish trend is losing momentum. The Fibonacci 100% upside projection target based on the entire $61.54 to $157.63 range traded since April 2025 came in at $253.72.
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