Micron Tech (MU.O) Daily Support and Resistance for May 2017

UPDATED for Wednesday 5/31/2017  (see updated info section below)

Related to MICRON Technology Inc. (MU.O) (d-w-m) for Tuesday (5/30/2017), et cetera; below you will find the Micron Tech (MU.O) Daily Supports and Resistances (and more) UPDATED daily for each trading day in May 2017 as calculated from the changes in the previous trading day’s price points through Wednesday, 5/31/2017’s close.

   The purpose is to put as much of the information for May 2017 into one reference blog to make it easier to see where Mr. & Ms. Fickle Markets might be taking Micron Tech’s price per share in the short term.  This will allow month at a glance comparisons without having to go thru a couple of hundred blogs, or articles, to collect the info you need.
  Also, see below for Section  IV. Micron “Projected” Highs and Lows for May’s trading days.  Currently, I am testing my calculations for Micron’s Daily “projected” Open and Close and will hopefully be able to add that in the near future.
 UPDATED

 III.  Micron Tech (MU.O) Daily Supports and Resistances (and more)

  For tracking Mr. & Ms. Fickle Market’s daily trading actions in Micron Tech throughout  the month of May 2017, below you will find the Daily changes, if any,  in the 52 week performance,  the Year-to-Date (YTD) performance, Supports (s1, s2), the Pivot Point (PP), the Resistances (r1,r2), and more for  Micron Tech (MU.O).  Also you will see the 200 day simple moving average (sma200) calculations added to those of the 50 day simple moving average (sma50) calculations … for those interested in trends and Moving Average cross overs.
   See  below for Section IV. Micron “projected” Highs and Lows for today’s day and date.  See Section V.  Micron: 52week High,  52week Low, (Micron Tech Close 12/30/2016: $21.92) to track changes in this info.
:: If Micron Tech’s (MU.O) intraday, or closing price per share, is above the pivot point, the pivot point is both support, and an indication that Mr. & Ms. Fickle Markets are Bullish.
:: If Micron Tech’s (MU.O) intraday, or closing price per share, is below the pivot point, then the pivot point represents resistance, as well as an indication that Mr. & Ms. Fickle Markets are Bearish.
:: Please Note: ALL projections for Micron Tech’s (MU.O) are for reference only as they can be easily exceeded, up or down, by Mr. & Ms. Fickle Markets.
  •      –   –   –   –           –   –   –   –

  (1.c)  Micron Tech (MU.O) Daily metrics (Week of 5/1 thru 5/5/2017)

(1.c.1)  Chart #0 (n/a, daily, PP-Sup-Res) for Monday (5/1/2017)
MU …..  27.66 +0.03 (+0.11%)  from Friday, 4/28/2017
  •   :: Pivot point   28.13
  •   Support (s1)  27.88       Support (s2)  27.47
  •   Resistance (r1) 28.54   Resistance (r2)  28.79
  •   Simple Moving Average (Close 50):   $26.54   (up trend)
  •   Simple Moving Average (Close 200):  $20.56   (up trend)
(1.c.2)  Chart #0 (n/a, daily, PP-Sup-Res) for Tuesday (5/2/2017)
MU …..  28.29 +0.62 (+2.24%) from Monday, 5/1/2017
  •   :: Pivot point   27.83
  •   Support (s1)  27.39       Support (s2)  27.00
  •   Resistance (r1) 28.22   Resistance (r2)  28.66
  •   Simple Moving Average (Close 50):   $26.63   (up trend)
  •   Simple Moving Average (Close 200):  $20.63   (up trend)
(1.c.3)  Chart #0 (n/a, daily, PP-Sup-Res) for Wednesday (5/3/2017)
MU …..  27.77  -0.52 (-1.84%) from Tuesday, 5/2/2017
  •   :: Pivot point   27.88
  •   Support (s1)  27.67       Support (s2)  27.33
  •   Resistance (r1) 28.22   Resistance (r2)  28.43
  •   Simple Moving Average (Close 50):   $26.71   (up trend)
  •   Simple Moving Average (Close 200):  $20.71   (up trend)
(1.c.4)  Chart #0 (n/a, daily, PP-Sup-Res) for Thursday (5/4/2017)
MU …..  28.00 +0.23 (+0.83%) from Wednesday, 5/3/2017
  •   :: Pivot point   27.89
  •   Support (s1)  27.62       Support (s2)  27.45
  •   Resistance (r1) 28.06   Resistance (r2)  28.34
  •   Simple Moving Average (Close 50):   $26.80   (up trend)
  •   Simple Moving Average (Close 200):  $20.78   (up trend)
(1.c.5)  Chart #0 (n/a, daily, PP-Sup-Res) for Friday (5/5/2017)
MU …..  27.79  -0.21 (-0.75%) from Thursday, 5/4/2017
  •   :: Pivot point   28.01
  •   Support (s1)  27.81       Support (s2)  27.41
  •   Resistance (r1) 28.41   Resistance (r2)  28.61
  •   Simple Moving Average (Close 50):   $26.90   (up trend)
  •   Simple Moving Average (Close 200):  $20.85   (up trend)
mu 20170505d

Chart 1: Micron Tech, Daily, EOD, O-H-L-C w/Resistances (r2, r1), Pivot Point (PP), and Supports (s1, s2).  Above DAILY chart for Monday thru Friday’s close 5/5/2017.

  •   ———————–

  (1.c)  Micron Tech (MU.O) Daily metrics (Week of 5/8 thru 5/12/2017)

(1.c.6)  Chart #1 (above, daily, PP-Sup-Res) for Monday (5/8/2017)
             MU …..  28.20 +0.41 (+1.48%)  from Friday, 5/5/2017
  •   :: Pivot point   28.01
  •   Support (s1)  27.81       Support (s2)  27.41
  •   Resistance (r1) 28.41   Resistance (r2)  28.61
  •   Simple Moving Average (Close 50):   $26.90   (up trend)
  •   Simple Moving Average (Close 200):  $20.85   (up trend)
  •   52 week performance  +180.32%  YTD performance  +28.65%
(1.c.7)  Chart #1 (above, daily, PP-Sup-Res) for Tuesday (5/9/2017)
             MU …..  28.06 -0.14 (-0.50%) from Monday, 5/8/2017
  •   :: Pivot point   27.80
  •   Support (s1)  27.54       Support (s2)  27.01
  •   Resistance (r1) 28.33   Resistance (r2)  28.59
  •   Simple Moving Average (Close 50):   $26.99   (up trend)
  •   Simple Moving Average (Close 200):  $20.93   (up trend)
  •   52 week performance  +180.88%  YTD performance  +28.01%
(1.c.8)  Chart #1 (above, daily, PP-Sup-Res) for Wednesday (5/10/2017)
             MU …..  28.81 +0.75 (+2.67%) from Tuesday, 5/9/2017
  •   :: Pivot point   28.59
  •   Support (s1)  28.28       Support (s2)  27.75
  •   Resistance (r1) 29.12   Resistance (r2)  29.43
  •   Simple Moving Average (Close 50):   $27.10   (up trend)
  •   Simple Moving Average (Close 200):  $21.01   (up trend)
  •  52 week performance  +191.89%  YTD performance  +31.43%
(1.c.9)  Chart #1 (above, daily, PP-Sup-Res) for Thursday (5/11/2017)
MU …..  29.32 +0.51 (+1.77%) from Wednesday 5/10/2017
  •   :: Pivot point   29.18
  •   Support (s1)  28.94       Support (s2)  28.56
  •   Resistance (r1)  29.56   Resistance (r2)  29.80
  •   Simple Moving Average (Close 50):   $27.20   (up trend)
  •   Simple Moving Average (Close 200):  $21.08   (up trend)
  •   52 week performance  +190.58%  YTD performance  +33.76%
(1.c.10)  Chart #1 (above, daily, PP-Sup-Res) for Friday (5/12/2017)
MU …..  29.03 -0.29 (-0.99%)   from Thursday, 5/11/2017
After Hours: 29.17 +0.14 (+0.48%)
  •   :: Pivot point   29.01
  •   Support (s1)  28.71       Support (s2)  28.39
  •   Resistance (r1) 29.33   Resistance (r2)  29.63
  •   Simple Moving Average (Close 50):   $27.29   (up trend)
  •   Simple Moving Average (Close 200):  $21.15   (up trend)
  •   52 week performance  +187.43%  YTD performance  +32.44%
 mu 20170512d
Chart 2: Micron Tech, Daily, EOD, O-H-L-C w/Resistances (r2, r1), Pivot Point (PP), and Supports (s1, s2).  Above DAILY chart for Monday thru Friday’s close 5/12/2017.
  •   ———————–

(1.c)  Micron Tech (MU.O) Daily metrics (Week of 5/15 thru 5/19/2017)

(1.c.11)  Chart #2 (above, daily, PP-Sup-Res) for Monday (5/15/2017)
MU …..  28.93 -0.10 (-0.34%)  from Friday, 5/12/2017
  •   :: Pivot point   28.91
  •   Support (s1)  28.70       Support (s2)  28.47
  •   Resistance (r1) 29.14   Resistance (r2)  29.35
  •   Simple Moving Average (Close 50):   $27.35   (up trend)
  •   Simple Moving Average (Close 200):  $21.23   (up trend)
  •   52 week performance  +200.42%  YTD performance  +31.98%
(1.c.12)  Chart #2 (above, daily, PP-Sup-Res) for Tuesday (5/16/2017)
MU …..  28.83 -0.10 (-0.35%) from Monday, 5/15/2017
After Hours:  28.87 +0.04 (+0.14%)
  •   :: Pivot point   28.92
  •   Support (s1)  28.64       Support (s2)  28.46
  •   Resistance (r1) 29.10   Resistance (r2)  29.38
  •   Simple Moving Average (Close 50):   $27.42   (up trend)
  •   Simple Moving Average (Close 200):  $21.30   (up trend)
  •   52 week performance  +201.57%  YTD performance  +31.52%
(1.c.13)  Chart #2 (above, daily, PP-Sup-Res) for Wednesday (5/17/2017)
MU …..  29.02 +0.19 (+0.66%) from Tuesday, 5/16/2017
After Hours: 28.95 -0.07 (-0.24%)
  •   :: Pivot point   28.89
  •   Support (s1)  28.70       Support (s2)  28.38
  •   Resistance (r1) 29.21   Resistance (r2)  29.40
  •   Simple Moving Average (Close 50):   $27.49   (up trend)
  •   Simple Moving Average (Close 200):  $21.38   (up trend)
  •   52 week performance  +199.79%  YTD performance  +32.39%
  •    Remember:  Today, May 17th is the VIX Expiration Date
(1.c.14)  Chart #2 (above, daily, PP-Sup-Res) for Thursday (5/18/2017)
MU …..  27.00 -2.02 (-6.96%) from Wednesday 5/17/2017
  •   :: Pivot point   27.49
  •   Support (s1)  26.47       Support (s2)  25.94
  •   Resistance (r1)  28.02   Resistance (r2)  29.04
  •   Simple Moving Average (Close 50):   $27.52   (up trend)
  •   Simple Moving Average (Close 200):  $21.45   (up trend)
  •   52 week performance  +179.21%  YTD performance  +23.18%
  •     Note: the intraday low Wednesday was 26.96
  •     Pre-market: 26.84 -0.16 (-0.59%)
(1.c.15)  Chart #2 (above, daily, PP-Sup-Res) for Friday (5/19/2017)
MU …..  27.48 +0.48 (+1.78%)   from Thursday, 5/18/2017
After Hours:  27.60 +0.12 (+0.44%)
  •   :: Pivot point   27.48
  •   Support (s1)  27.08       Support (s2)  26.67
  •   Resistance (r1) 27.89   Resistance (r2)  28.29
  •   Simple Moving Average (Close 50):   $27.57   (up trend)
  •   Simple Moving Average (Close 200):  $21.52   (up trend)
  •   52 week performance  +173.43%  YTD performance  +25.36%
  •  Note : today is 3rd Friday of the month options expiry
  •   —————————————————-
mu 20170519d
Chart 3: Micron Tech, Daily, EOD, O-H-L-C w/Resistances (r2, r1), Pivot Point (PP), and Supports (s1, s2).  Above DAILY chart for Monday thru Friday’s close 5/19/2017.
  •   ———————–

(1.c)  Micron Tech (MU.O) Daily metrics (Week of 5/22 thru 5/26/2017)

(1.c.16)  Chart #3 (above, daily, PP-Sup-Res) for Monday (5/22/2017)
MU …..  27.82 +0.34 (1.24%)  from Friday, 5/19/2017
After Hours: 27.71 -0.11 (-0.40%)
  •   :: Pivot point   27.90
  •   Support (s1)  27.65       Support (s2)  27.47
  •   Resistance (r1) 28.08   Resistance (r2)  28.33
  •   Simple Moving Average (Close 50):   $27.62   (up trend)
  •   Simple Moving Average (Close 200):  $21.59   (up trend)
  •   52 week performance  +176.27%  YTD performance  +26.92%

 

(1.c.17)  Chart #3 (above, daily, PP-Sup-Res) for Tuesday (5/23/2017)
MU …..  28.06 +0.24 (+0.86%) from Monday, 5/22/2017
After Hours:  27.91 -0.15 (-0.53%)

  • :: Pivot point   27.98
  • Support (s1)  27.72       Support (s2)  27.37
  • Resistance (r1) 28.33   Resistance (r2)  28.59
  • Simple Moving Average (Close 50):   $27.67   (up trend)
  • Simple Moving Average (Close 200):  $21.66   (up trend)
  • 52 week performance  +159.81%  YTD performance  +28.01%
(1.c.18)  Chart #3 (above, daily, PP-Sup-Res) for Wednesday (5/24/2017)
MU …..  28.29 +0.23 (0.82%) from Tuesday, 5/23/2017
After Hours: 28.30 +0.01 (0.04%)
  •   :: Pivot point   28.05
  •   Support (s1)  27.80       Support (s2)  27.30
  •   Resistance (r1) 28.55   Resistance (r2)  28.80
  •   Simple Moving Average (Close 50):   $27.72   (up trend)
  •   Simple Moving Average (Close 200):  $21.73   (up trend)
  •   52 week performance  +153.95%  YTD performance  +29.06%
(1.c.19)  Chart #3 (above, daily, PP-Sup-Res) for Thursday (5/25/2017)
MU …..  28.99 +0.70 (+2.47%) from Wednesday 5/24/2017
After Hours:  28.97 -0.02 (-0.07%)
  •   :: Pivot point   28.85
  •   Support (s1)  28.58       Support (s2)  28.17
  •   Resistance (r1)  29.26   Resistance (r2)  29.53
  •   Simple Moving Average (Close 50):   $27.78   (up trend)
  •   Simple Moving Average (Close 200):  $21.80   (up trend)
  •   52 week performance  +152.31%  YTD performance  +32.25%
  •     Note: Micron’s intraday low Wednesday was 28.44
(1.c.20)  Chart #3 (above, daily, PP-Sup-Res) for Friday (5/26/2017)
MU …..  29.43 +0.44 (1.52%)   from Thursday, 5/25/2017
After Hours:  29.46 +0.03 (0.10%)
  •   :: Pivot point   29.43
  •   Support (s1)  29.19       Support (s2)  28.96
  •   Resistance (r1) 29.66   Resistance (r2)  29.90
  •   Simple Moving Average (Close 50):   $27.85   (up trend)
  •   Simple Moving Average (Close 200):  $21.88   (up trend)
  •   52 week performance  +153.71%  YTD performance  +34.26%
  • Note: Micron’s intraday low Thursday was $29.19 (see above)
  —————————————————-
mu 20170526d
Chart 4: Micron Tech, Daily, EOD, O-H-L-C w/Resistances (r2, r1), Pivot Point (PP), and Supports (s1, s2).  Above DAILY chart for Monday thru Friday’s close 5/26/2017.
  •   ———————–

  (1.c)  Micron Tech (MU.O) Daily metrics (Week of 5/29 thru 5/31/2017)

(1.c.xx)  Chart #4 (above, daily, PP-Sup-Res) for Monday (5/29/2017)
MU …..  29.76 +0.33 (1.12%)  from Friday, 5/26/2017
After Hours: 29.76 0.00 (0.00%)
  •   US Markets:  all exchanges are closed (Memorial Day)
  •   United Kingdom:  London Stock Exchange (LSE) is closed
  •   Expiration Day:  for HKEX Hang Seng Index Futures
  •   see (1.c.21) below for Micron’s numbers for Tuesday

 

(1.c.21)  Chart #4 (above, daily, PP-Sup-Res) for Tuesday (5/30/2017)
MU …..  29.76 +0.33 (+1.12%)  from Friday, 5/26/2017
After Hours: 29.76 0.00 (0.00%)

  • :: Pivot point   29.47
  • Support (s1)    29.17       Support (s2)  28.58
  • Resistance (r1)  30.06    Resistance (r2)  30.36
  • Simple Moving Average (Close 50):   $27.93   (up trend)
  • Simple Moving Average (Close 200):  $21.95   (up trend)
  • 52 week performance  +149.04%  YTD performance  +35.77%
(1.c.22)  Chart #4 (above, daily, PP-Sup-Res) for Wednesday (5/31/2017)
MU …..  30.71 +0.95 (+3.19%) from Tuesday, 5/23/2017
Pre-market:  30.90 +0.19 (+0.62%)
  •   :: Pivot point   30.48
  •   Support (s1)  30.10       Support (s2)  29.49
  •   Resistance (r1) 31.09   Resistance (r2)  31.47
  •   Simple Moving Average (Close 50):   $27.99   (up trend)
  •   Simple Moving Average (Close 200):  $22.03   (up trend)
  •   52 week performance  +149.39%  YTD performance  +40.05%
  •   :: Note: New 52 week intraday High @ $30.87
  •   :: Note: New 52 week closing High @ $30.71
  •   :: Wednesday is the last trading day of May 2017

IV. Micron “Projected” Highs and Lows for May’s trading days.

 Date, Projected High, Projected Low
  • 5/1/2017 …. 27.94 …  27.25
  • 5/2/2017 …. 28.67 …  28.01
  • 5/3/2017 …. 28.03 …  27.20
  • 5/4/2017 …. 28.33 …  27.78
  • 5/5/2017 …. 27.98 …  27.53
  • 5/8/2017 …. 28.51 …  27.91
  • 5/9/2017 …. 28.46 …  27.67
  • 5/10/2017 … 29.28 …  28.44
  • 5/11/2017 … 29.68 …  29.06
  • 5/12/2017 … 29.17 …  28.55
  • 5/15/2017 … 29.03 …  28.59
  • 5/16/2017 … 29.01 …  28.55
  • 5/17/2017 … 29.31 …  28.80
  • 5/18/2017 … 27.76 …  26.21
  • 5/19/2017 … 28.09 …  27.28
  • 5/22/2017 … 28.21 …  27.78
  • 5/23/2017 … 28.16 …  27.55
  • 5/24/2017 … 28.68 …  27.93
  • 5/25/2017 … 29.40 …  28.72
  • 5/26/2017 … 29.78 …  29.31
  • 5/30/2017 … 30.21 …  29.32
  • 5/31/2017 … 31.28 …  30.29
V.  Micron: 52week High,  52week Low
        (Micron Tech Close 12/30/2016: $21.92)
  • 5/1/2017 ….. 29.87…   9.35
  • 5/2/2017 ….. 29.87…   9.35
  • 5/3/2017 ….. 29.87…   9.35
  • 5/4/2017 ….. 29.87…   9.35
  • 5/5/2017 ….. 29.87…   9.35
  • 5/8/2017 ….. 29.87…   9.35
  • 5/9/2017 ….. 29.87…   9.35
  • 5/10/2017 … 29.87…   9.35
  • 5/11/2017 … 29.87…   9.35
  • 5/12/2017 … 29.87…   9.35
  • 5/15/2017 … 29.87 …  9.41
  • 5/16/2017 … 29.87 …  9.495
  • 5/17/2017 … 29.87 …  9.495
  • 5/18/2017 … 29.87 …  9.68
  • 5/19/2017 … 29.87 …  9.915
  • 5/22/2017 … 29.87 …  10.28
  • 5/23/2017 … 29.87 …  10.82
  • 5/24/2017 … 29.87 …  11.16
  • 5/25/2017 … 29.87 …  11.42
  • 5/26/2017 … 29.87 …  11.5
  • 5/30/2017 … 30.87 …  11.5  (new 52 wk High)

—  Monday, 5/1/2017   thru    Wednesday, 5/31/2017  ——

 

   Hope the above MICRON TECH ORD (MU.O) calculations for May 2017  help your investing and trading planning today …

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20 thoughts on “Micron Tech (MU.O) Daily Support and Resistance for May 2017

  1. Notes for or today’s (Thursday, 5/11/2017) trading:

    The E-mini futures are slightly in the RED for the Dow, the S&P 500, the Nasdaq, and the Russell … and Micron at this time is pulling back with the market 11 cents. Select commodities are up which could boost S&P 500 sector trading and support a transition from RED to Green.

    Crude, 47.76,  0.43, 0.91%
    RBOB GAS, 1.5544,  0.0148, 0.96%
    NAT GAS, 3.326,  0.034, 1.03%
    GOLD, 1221.00,  2.10, 0.17%
    SILVER, 16.245,  0.038, 0.23%

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  2. Year to date, ninty trading days in 2017 have been completed. Micron is expected to report this most recent quarter’s earnings in June, probably the week after the FOMC meeting June 13 – 14 which is only two days before third Friday of the month Quadruple Witching options and futures expiry on 6/16/2017.

    Year to date, the average Pivot point for Micron during that time frame is 25.46 with the lowest of 21.80 and the highest of 29.18. Micron closed today at $29.03 above its Pivot Point for tomorrow’s trading.

    Note: Micron is doing equally as well with its average Supports. Year to date Micron’s average Support (s2) is 24.82 and rising. (bullish). Micron’s average Support (s1) is 25.15 and rising also bullish. Micron has been climbing thru Resistance. Micron’s average Resistance (r1) is 25.79 and Micron’s average Resistance (r2) is 26.11 (bullish)

    See the new calculations for tomorrow posted above.

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  3. 10:41 PM 5/23/2017 Tuesday … intraday trading

    Micron headed lower from the open and tested today’s “projected” low ($27.55) at 9:46 thru 9:48 AM ET, again at 10:16 AM ET, and finally at 10:30 AM ET. The Actual low? $27.56, one and a half cents above the projected low.
    Micron crossed above $28 at approximately 2:45 PM ET and repeatedly tested the “projected” High until 3:50 PM ET then without looking back, climbed into the close at $28.29 +0.23 (0.82%).

    High Note: Year to date, the “actual” High posted above the “projected” high 52 times and below the projected high 47 times. Year to date the actual High occurs above the projected high by an average +6 cents.
    Low Notes: Year to date, the actual Low posted above the projected Low 59 times and below the projected low 40 times. Year to date the actual Low occurs above the projected Low by an average +5.9 cents.

    The benefit of doing this analysis in databases, spreadsheets, … or writing your own indicators … is, and always will be, the opportunity to do additional statistical analysis … these are the only tools available to compete in today’s computer “algorithm” driven markets …

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