Trading Signals: MU Stock Price Prediction and Forecast

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Mon. Jul. 10, 2017

Trading Signals: MU Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)

(Micron Technology Inc)
MU latest price $30.5000 (0.99%) ($29.7500 - $30.5900) on Mon. Jul. 10, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.24% (three month average)
RSI   47
Latest Price   $30.5000(0.99%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MU advances 0.4% a day on average for past five trading days.
Weekly Trend   MU declines -2.4% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support MU advance at 0% a week (0% probability)
SMH(67%)    QQQ(66%)    IVW(64%)    IWF(64%)    SPY(64%)
Factors Impacting MU price   MU will decline at least -1.12% in a week (0% probabilities).
TLT(-19%)    VIXM(-17%)    UUP(-14%)    SHY(-5%)    IGOV(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.12% (StdDev 2.24%)
Hourly BBV 0 ()
Intraday Trend 1.1%

1 - 5 Day Possible Target   $24.82(-18.62%)
Resistance Level   $30.98
5 Day Moving Average   $30.09(1.36%)
10 Day Moving Average   $30.77(-0.88%)
20 Day Moving Average   $30.98(-1.55%)
To recent high   -6.2%
To recent low   14.8%
Market Cap   $33.916b

Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute and Networking Business Unit (CNBU); Mobile Business Unit (MBU); Storage Business Unit (SBU); and Embedded Business Unit (EBU). The Compute and Networking Business Unit segment includes memory products sold into cloud server, enterprise, client, graphics, and networking markets. The Mobile Business Unit segment offers memory products sold into smartphone, and other mobile-device markets. The Storage Business Unit segment comprises of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer solid-state drive (SSD) markets, other discrete storage products sold in component and wafer forms to the removable storage markets, and sales of 3D XPoint memory. The Embedded Business Unit segment consists of memory and storage products sold into automotive, industrial, and consumer markets. The company was founded by Ward D. Parkinson, Joseph L. Parkinson, Dennis Wilson, and Doug Pitman in October 1978 and is headquartered in Boise, ID.

$. MU price fluctuates within 2.84% (three month std-dev: 2.24%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170810

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jul_10_2017	28.28	30.98	30.77	30.09			30.5(0.99%)	DP	OpenShort	-65	0.5	-13	-10000	4	-63	24.91	49%	0.25	-46.1	2.24%	0	-0.5	47	0
2	Jul_7_2017	28.21	31	30.89	29.96			30.2(0.33%)	DP	OpenShort	-75	0.3	-21	-10000	-8	-60	22.02	49%	0.28	-54.1	2.28%	0	-0.9	54	0
3	Jul_6_2017	28.13	31.1	31.06	30.22			30.1(-1.34%)	DT	OpenShort	-75	-0.1	-19	-10000	-12	-41	27.14	49%	0.25	-36.5	2.28%	0	-1.1	50	0
4	Jul_5_2017	28.06	31.22	31.25	30.64			30.51(4.7%)	DP	OpenShort	-75	-0.1	-8	-10000	-7	-12	40.44	49%	0.43	-15.3	2.28%	0	-0.8	49	0
5	Jul_3_2017	27.94	31.28	31.3	30.87			29.14(-2.41%)	DT	OpenShort	-75	-1.9	-18	-10000	-20	-12	36.83	46%	0.18	-4.6	2.19%	0	-2.4	40	0

6	Jun_30_2017	27.89	31.4	31.53	31.55			29.86(-5.12%)	N/A	N/A	0	-2.3	-2	-10000	-11	25	73.31	47%	0.22	28.5	2.15%	0	-2.1	45	0
7	Jun_29_2017	27.83	31.47	31.57	31.92			31.47(-2.39%)	UD	OpenLong	65	-0.7	10	-10000	-2	44	53.95	52%	0.25	59.3	2.06%	0	0	56	0
8	Jun_28_2017	27.76	31.44	31.49	32			32.24(1.83%)	UT	OpenLong	75	0.3	10	-10000	1	35	28.42	54%	0.29	73.1	2.04%	0	1.1	48	0
9	Jun_27_2017	27.68	31.37	31.36	31.96			31.66(-2.58%)	UD	OpenLong	75	-0.4	10	-10000	5	23	33.22	54%	0.25	91.2	2.03%	0	0.4	45	0
10	Jun_26_2017	27.61	31.32	31.35	31.79			32.5(2.43%)	UT	OpenLong	75	1	10	-10000	8	15	34.75	56%	0.29	100.9	2%	0	1.7	55	0

11	Jun_23_2017	27.53	31.18	31.2	31.53			31.73(-0.5%)	UD	OpenLong	75	0.3	9	-10000	11	3	45.32	60%	0.25	100.9	2.17%	0	0.8	53	0
12	Jun_22_2017	27.46	31.07	31.09	31.16			31.89(-0.37%)	N/A	N/A	0	0.9	1	-10000	8	-22	23.05	62%	0.29	89.9	2.18%	0	1	54	0
13	Jun_21_2017	27.38	30.94	31.12	30.89			32.01(3.83%)	DP	OpenShort	-65	1.3	-1	-10000	6	-23	30.58	59%	0.29	83.3	2.19%	0	1.2	57	0
14	Jun_20_2017	27.3	30.76	31.15	30.7			30.83(-1.19%)	DT	OpenShort	-75	0.1	-9	-10000	-4	-23	25.79	56%	0.26	64.8	2.17%	0	0.1	52	0
15	Jun_19_2017	27.23	30.63	31.15	30.7			31.2(4.49%)	DP	OpenShort	-75	0.3	-2	-10000	0	-8	24.91	56%	0.26	57.6	2.17%	0	0.5	55	0

16	Jun_16_2017	27.16	30.47	31.22	30.84			29.86(-2.29%)	CR	SmallShort	-20	-0.7	-4	-10000	-5	1	42.88	53%	0.22	48.1	2.11%	0	-0.5	55	0
17	Jun_15_2017	27.1	30.37	31.38	30.99			30.56(-1.61%)	N/A	N/A	0	-0.3	-4	-10000	-12	21	33.67	55%	0.3	42.1	2.09%	0	0.1	62	0
18	Jun_14_2017	27.02	30.21	31.41	31.37			31.06(-1.52%)	UD	OpenLong	65	-0.2	8	-10000	-9	58	28.93	55%	0.3	38.2	2.09%	0	0.5	69	0
19	Jun_13_2017	26.94	30.11	31.39	31.37			31.54(1.09%)	UT	HoldLong	65	-0.1	25	-10000	0	101	33.77	55%	0.37	44.4	2.08%	0	0.9	77	0
20	Jun_12_2017	26.84	29.97	31.31	31.66			31.2(1.96%)	UT	HoldLong	65	-0.3	32	-10000	-0	127	46.55	55%	0.34	47.8	2.09%	0	0.8	77	0

21	Jun_9_2017	26.75	29.86	31.19	31.67			30.6(-5.7%)	UD	OpenLong	65	-0.7	34	-10000	-4	148	53.06	55%	0.34	50.9	2.08%	0	0.5	76	0
22	Jun_8_2017	26.66	29.78	31.09	31.79			32.45(-0.15%)	TP	CloseLong	-10	0.4	57	-10000	11	196	29.16	62%	0.41	57.6	1.94%	0	1.7	99	0
23	Jun_7_2017	26.55	29.61	30.75	31.45			32.5(2.95%)	UT	HoldLong	65	0.7	59	-10000	12	201	32.64	62%	0.42	61	1.95%	0	2	100	0
24	Jun_6_2017	26.44	29.41	30.33	31.1			31.57(1.15%)	UT	OpenLong	75	0.4	49	-10000	6	179	33.13	59%	0.19	65.1	1.92%	0	1.7	66	0
25	Jun_5_2017	26.39	29.23	29.99	30.93			31.21(0%)	UT	HoldLong	50	0.2	50	-10000	10	168	24.36	59%		65.2	1.92%	0	1.6	66	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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