Micron Stock Slides From $1,041 High to $1,000 Close as Momentum Cools

Micron stock is undergoing a stress test. After a powerful rally above $1,000, the September 8 daily candle told a different story: an open near $1,036.83, a high at $1,041.07, and a close at $1,000.26. The broader chart still points higher — making this setup worth a careful read.

Key takeaways

• Micron stock closed at $1,000.26 on September 8 after hitting a high of $1,041.07 — a sharp intraday reversal from the session peak.
• Daily EMA alignment remains firmly bullish: EMA20 at 949.7, EMA50 at 924.28, and EMA200 at 673.01.
• Hourly MACD has turned slightly negative with a -0.68 histogram, signaling fading short-term momentum.
• The 15-minute RSI has dropped to 34.75, approaching oversold territory and confirming near-term selling pressure.
• Daily ATR14 at 43.7 confirms elevated volatility, with S1 at 984.91 as the immediate battleground for the next session.

Daily Structure: Still a Bullish Regime, With a Warning Sign

The daily trend on Micron stock remains firmly bullish, with price above all key EMAs — but the September 8 close at $1,000.26 after a high of $1,041.07 signals a sharp intraday reversal that demands attention.

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