Based on daily, weekly & monthly charts as of U.S. market close, Friday, 7 August 2026

MU appears to be in a bottom-building / recovery phase, but a new uptrend is not yet confirmed.

* 🟢 Daily: Improving. MACD has made a bullish crossover and the histogram has turned positive. RSI has recovered to ~48, suggesting short-term selling momentum is weakening.

* 🟠 Weekly: Still corrective. MACD remains bearish, so the medium-term reversal has not yet been confirmed.

* 🟢 Monthly: Long-term structure remains bullish despite the large correction from the ~$1,255 peak. Monthly MACD remains strongly positive.

Key levels to watch:

Support: ~$850 → $835–845 → $815–825 → $800