Micron Technology Inc. closed $68.29 below its 52-week high ($157.54), which the company achieved on June 18th.

Since touching an all-time high of $157.54 on June 18, shares have pulled back considerably, touching a more than five-month low of $84.12 on Sept. 12. In recent session, Micron stock's 320-day moving average has capped all attempts to move up on the charts, resulting in a modest 2.1% year-to-date gain.

Micron Technology's latest earnings report releases later this month. Here's what you should you know before that happens?

Shares of Micron Technology Inc. MU rallied 1.85% to $90.90 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.09% to 42,063.36 and the S&P 500 Index SPX falling 0.19% to 5,702.55.

Analysts’ anticipation about the Fed initiating three rate cuts of 25 basis points each, starting in September, has become a hot topic in the current market.