Micron Technology, Inc.
Here’s whether Micron Technology, Inc. (MU) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bullish.
Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive); RSI 56 — healthy momentum range; strong 1-year return of +675.5%; 3-month momentum positive (+34.1%). Concerns: 50-day MA is falling (-0.43% over 10 days). Currently 22.6% off its 52-week high. Score: +5/7.
MU is in a confirmed uptrend, trading above both its 50-day ($960.72) and 200-day ($552.60) moving averages. An RSI of 56.4 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +675.5% compares to +20.4% for SPY (beat the market by 655.2%). The current 22.6% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.