Trading Signals: MU Stock Price Prediction and Forecast

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Thu. Aug. 31, 2017

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

(Micron Technology Inc)
MU latest price $31.9700 (1.14%) ($31.4800 - $32.0200) on Thu. Aug. 31, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.36% (three month average)
RSI   75
Latest Price   $31.9700(1.14%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MU advances 1.1% a day on average for past five trading days.
Weekly Trend   MU advances 3.1% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally 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%)    IWO(64%)
Factors Impacting MU price   MU will decline at least -1.18% in a week (0% probabilities).
TLT(-19%)    VIXM(-17%)    UUP(-15%)    SHY(-6%)    IGOV(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.18% (StdDev 2.36%)
Hourly BBV 0 ()
Intraday Trend 1.1%

5 Day Moving Average   $31.29(2.17%)
10 Day Moving Average   $30.79(3.83%)
20 Day Moving Average   $29.88(6.99%)
To recent high   -1.6%
To recent low   16.3%
Market Cap   $35.551b

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 4.32% (three month std-dev: 2.36%) 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

> 20171001

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	Aug_31_2017	29.75	29.88	30.79	31.29			31.97(1.14%)	UT	OpenLong	75	0.5	28	-10000	10	83	25.69	46%	0.2	58.6	2.36%	0	1.6	75	0
2	Aug_30_2017	29.69	29.67	30.55	30.94			31.61(0.41%)	UT	HoldLong	65	0.6	26	-10000	7	84	17.47	48%	0.13	45.8	2.36%	0	1.6	76	0
3	Aug_29_2017	29.65	29.51	30.44	30.7			31.48(1.29%)	UT	OpenLong	75	0.7	27	-10000	6	90	23.15	48%	0.14	38.1	2.39%	0	1.7	65	0
4	Aug_28_2017	29.61	29.35	30.26	30.5			31.08(2.61%)	UT	OpenLong	75	0.5	29	-10000	9	90	22.53	48%	0.1	28.8	2.4%	0	1.6	62	0
5	Aug_25_2017	29.58	29.2	30.07	30.19			30.29(0.23%)	UT	HoldLong	50	0.1	19	-10000	-1	79	13.93	47%	0.07	6.5	2.39%	0	1.1	60	0

6	Aug_24_2017	29.56	29.14	29.86	30.21			30.22(-0.76%)	UD	OpenLong	75	0	23	-10000	3	84	18.06	48%	0.07	-5.4	2.39%	0	1.1	64	0
7	Aug_23_2017	29.54	29.13	29.61	30.09			30.45(0%)	UT	HoldLong	50	0.4	18	-10000	-1	76	21.2	48%	0.03	-17.1	2.41%	0	1.4	65	0
8	Aug_22_2017	29.53	29.09	29.42	30.14			30.45(3.01%)	UT	OpenLong	75	0.3	24	-10000	4	82	18.82	48%	0.07	-26	2.41%	0	1.4	59	0
9	Aug_21_2017	29.51	29.05	29.25	29.99			29.56(-2.7%)	UD	OpenLong	75	-0.4	22	-10000	2	80	26.25	46%	0.03	-36	2.39%	0	0.5	57	0
10	Aug_18_2017	29.5	29.14	29.16	29.92			30.38(2.57%)	UT	OpenLong	75	0.4	33	-10000	14	89	31.18	48%	0.03	-33.3	2.36%	0	1	63	0

11	Aug_17_2017	29.49	29.19	28.91	29.45			29.62(-3.49%)	UD	OpenLong	75	0.1	24	-10000	13	55	26.15	42%	0.07	-39.5	2.35%	0	0.3	51	0
12	Aug_16_2017	29.47	29.3	28.73	29.02			30.69(3.4%)	UT	OpenLong	75	1.2	13	-10000	12	14	37.88	44%	0.07	-42.9	2.47%	0	1	50	0
13	Aug_15_2017	29.45	29.33	28.5	28.6			29.68(1.5%)	DP	OpenShort	-65	0.7	-1	-10000	5	-18	23.97	42%	0.03	-47.6	2.44%	0	0.2	48	0
14	Aug_14_2017	29.44	29.43	28.35	28.43			29.24(4.39%)	DP	OpenShort	-65	0.5	-7	-10000	4	-39	25.25	42%	0	-47.3	2.43%	0	-0.1	45	0
15	Aug_11_2017	29.44	29.54	28.23	28.3			28.01(1.89%)	DT	HoldShort	-50	-0.2	-18	-10000	1	-76	23.38	39%	0.07	-44.9	2.37%	0	-0.9	28	0

16	Aug_10_2017	29.42	29.73	28.35	28.28			27.49(-3.81%)	DT	HoldShort	-65	-0.5	-27	-10000	-2	-100	26.15	39%	0.03	-42.1	2.36%	0	-1.4	23	0
17	Aug_9_2017	29.41	29.92	28.62	28.35			28.58(-0.9%)	DT	OpenShort	-75	0.1	-28	-10000	-0	-112	14.18	43%	0.14	-40.2	2.32%	0	-0.9	26	0
18	Aug_8_2017	29.37	30.06	28.73	28.36			28.84(0.87%)	DP	OpenShort	-65	0.3	-29	-10000	3	-126	21.9	43%	0.07	-38.3	2.34%	0	-0.8	29	0
19	Aug_7_2017	29.35	30.19	28.82	28.26			28.59(2.4%)	DP	OpenShort	-65	0.2	-35	-10000	3	-148	16.59	43%	0.1	-34.8	2.34%	0	-1.1	26	0
20	Aug_4_2017	29.32	30.29	29.11	28.17			27.92(0.32%)	DP	OpenShort	-75	-0.2	-46	-10000	-8	-159	23.95	41%	0.07	-35.9	2.33%	0	-1.6	22	0

21	Aug_3_2017	29.3	30.42	29.5	28.44			27.83(-2.79%)	DT	HoldShort	-65	-0.5	-48	-10000	-14	-149	30.29	41%	0.07	-37.8	2.33%	0	-1.9	20	0
22	Aug_2_2017	29.28	30.55	29.92	28.92			28.63(1.02%)	DP	OpenShort	-75	-0.2	-36	-10000	-7	-121	27.23	42%	0.1	-39.3	2.31%	0	-1.6	32	0
23	Aug_1_2017	29.25	30.66	30.23	29.16			28.34(0.78%)	DP	OpenShort	-75	-0.7	-34	-10000	-9	-110	28.22	44%	0.1	-40.5	2.32%	0	-2	28	0
24	Jul_31_2017	29.22	30.72	30.6	29.47			28.12(-3.96%)	DT	OpenShort	-75	-1.2	-39	-10000	-20	-97	41.11	44%	0.1	-49	2.33%	0	-2.4	26	0
25	Jul_28_2017	29.19	30.83	30.98	30.18			29.28(-3.17%)	DT	OpenShort	-75	-1	-26	-10000	-16	-57	31.85	47%		-45.9	2.29%	0	-1.6	44	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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