Memory/Semis

Update

Memory/Semis

MU $420.08 (RSI 51.7, strong-up GC — memory leader holding). AMD $198.92 (RSI 46.4, weak-down GC). NVDA $173.85 (RSI 38.8, down GC — slipping). ASML $1,299.20 (RSI 40.7, weak-down GC). TSM $327.69 (RSI 39.1, weak-down GC).


Quick Snapshot

Signal Reading
Overall 🟡 GOLDEN CROSSES INTACT BUT SOFTENING — MU LONE LEADER — All 5 names still have golden crosses but RSIs drifting down. MU $420.08 RSI 51.7 strong-up is the only name with positive trend signal. NVDA RSI 38.8 now down trend. TSM RSI 39.1 and ASML RSI 40.7 both weak-down. AMD RSI 46.4 weak-down.
Key insight MU $420.08 RSI 51.7, strong-up — memory upcycle holding, -1.9% 30D modest versus peers. NVDA $173.85 RSI 38.8 down trend — AI GPU thesis under pressure, -8.4% 30D. ASML $1,299 RSI 40.7, -11.6% 30D — EUV lithography pullback deepening.

Action Matrix

Action Stocks Why
🔒 HOLD MU $420.08, RSI 51.7, strong-up GC — memory upcycle intact
📈 ACCUMULATE AMD $198.92, RSI 46.4, golden cross — GPU/CPU at discount
📈 ACCUMULATE TSM $327.69, RSI 39.1, golden cross — foundry monopoly, -16% from high
📈 ACCUMULATE ASML $1,299.20, RSI 40.7, golden cross — EUV monopoly, oversold
🔍 WATCH NVDA $173.85, RSI 38.8, down trend GC — critical support test

Data (Validated 2026-03-20)

Stock Price 7D 30D 52wkHi RSI SMA20 vs SMA Status Action
TSM $327.69 -0.8% -11.3% -16.0% 39.1 $353.43 -7.3% 🟡 Weak-down, golden cross 📈 Accumulate
NVDA $173.85 -3.0% -8.4% -18.1% 38.8 $183.17 -5.1% 🟡 Down, golden cross 🔍 Watch
ASML $1,299.20 -0.2% -11.6% -16.0% 40.7 $1,393.98 -6.8% 🟡 Weak-down, golden cross 📈 Accumulate
AMD $198.92 +4.2% -0.6% -25.5% 46.4 $200.35 -0.7% 🟡 Weak-down, golden cross 📈 Accumulate
MU $420.08 +4.8% -1.9% -10.9% 51.7 $416.42 +0.9% 🟢 Strong-up, golden cross 🔒 Hold

Key Changes vs 03/13

Stock 03/13 Price 03/20 Price Move Note
NVDA $180.25 $173.85 -3.6% RSI 46 → 38.8 — crossed into down trend
ASML $1,345.69 $1,299.20 -3.5% RSI 45 → 40.7 — 30D now -11.6%
TSM $339.35 $327.69 -3.4% RSI 43 → 39.1 — 30D now -11.3%
MU $426.13 $420.08 -1.4% RSI 57 → 51.7 — slight pullback, still strong-up
AMD $198.93 $198.92 flat RSI 45 → 46.4 — AMD holding best of the group

Key Discoveries

Discovery Implication
NVDA RSI 46 → 38.8, now down trend AI GPU demand narrative weakening — golden cross still alive but at risk
MU remains only strong-up name in semis Memory upcycle decoupling from AI GPU weakness — MU is the safe semi play
TSM + ASML both -11% 30D Entire semi supply chain under pressure — not just AI narrative

Mistakes (Don't Repeat)

Mistake Lesson
Reading NVDA golden cross as unbreakable Golden cross + down trend = caution, not conviction

Open Questions

  • NVDA RSI 38.8 — when does golden cross flip to death cross at this rate?
  • MU vs NVDA divergence — is memory demand outpacing AI GPU build-out?
  • ASML -11.6% 30D — EUV demand still intact for 2026 or capex pause?
10 events

No direct external sources are attached to this read.