Trading Signals: MU Stock Price Prediction and Forecast

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Tue. Jan. 21, 2020

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

(Micron Technology Inc)
MU latest price $58.9500 (2.24%) ($58.9500 - $58.9500) on Tue. Jan. 21, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.32% (three month average)
RSI   70
Latest Price   $58.9500(2.24%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MU advances 0.5% a day on average for past five trading days.
Weekly Trend   MU advances 3% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support MU advance at 0% a week (0% probability)
FIVG(74%)    IDRV(69%)    SPY(69%)    IVW(68%)    IWF(68%)
Factors Impacting MU price   MU will decline at least -1.16% in a week (0% probabilities).
VIXM(-49%)    VXX(-22%)    TLT(-18%)    UUP(-7%)    IGOV(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.16% (StdDev 2.32%)
Hourly BBV 0.3 ()
Intraday Trend 0%

5 Day Moving Average   $57.59(2.36%)
10 Day Moving Average   $57.53(2.47%)
20 Day Moving Average   $56.11(5.06%)
To recent high   0%
To recent low   32.2%
Market Cap   $65.552b

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 3.1% (three month std-dev: 2.32%) daily (68% of days).

Sample size 50 Average positive next day return: 1.61%(48%) Average negative next day return: -0.86%(52%) Sample size 50 Average positive next three day return: 2.79%(48%) Average negative next three day return: -2.15%(52%) Sample size 50 Average positive next weekly return: 3.57%(46%) Average negative next weekly return: -2.61%(54%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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	Jan_21_2020	49.13	56.11	57.53	57.59	57.5	58.08	58.95(2.24%)	UT	OpenLong	75	0.8	37	70	21	85	24.78	85%	0.31	67.4	2.32%	0.3	1.6	70	1.4
2	Jan_17_2020	48.98	55.88	57.01	57.29	57.21	57.5	57.66(-0.01%)	UD	OpenLong	75	0.2	29	30	14	73	20.34	79%	0.27	80.4	2.41%	0.3	1.1	63	1.9
3	Jan_16_2020	48.85	55.65	56.72	57.09	57.19	56.97	57.67(2.66%)	UT	OpenLong	75	0.4	19	-20	4	63	22.45	76%	0.31	90.6	2.41%	1	1.3	58	2.2
4	Jan_15_2020	48.7	55.42	56.49	57.02	57	56.95	56.17(-2.32%)	UD	OpenLong	65	-0.5	3	-10	-15	55	21.49	76%	0.29	104.6	2.43%	-1.9	0.5	53	2
5	Jan_14_2020	48.56	55.27	56.28	57.29	57.19	57.4	57.51(0.08%)	UT	OpenLong	75	0.1	19	20	4	64	26.34	76%	0.31	124.3	2.44%	0.9	1.3	58	2.3

6	Jan_13_2020	48.41	54.96	55.87	57.45	57.23	57.05	57.46(1.42%)	UT	OpenLong	75	0	26	-30	12	66	16.13	76%	0.31	138.4	2.44%	1.1	1.5	59	2.5
7	Jan_10_2020	48.26	54.64	55.52	56.67	57.28	56.97	56.66(-1.16%)	UD	OpenLong	75	-0	15	-10	6	42	19.11	78%	0.25	130.7	2.47%	-1.3	1.1	58	1.4
8	Jan_9_2020	48.14	54.29	55.35	56.26	56.5	57.41	57.32(-0.35%)	UD	OpenLong	75	0.6	17	130	9	42	22.38	78%	0.27	124.4	2.47%	-0.4	1.6	66	1.4
9	Jan_8_2020	48.01	53.82	55.14	55.87	55.93	57.59	57.52(-1.35%)	UD	OpenLong	75	0.8	61	210	60	64	29.65	74%	0.29	114.2	2.46%	0.7	1.8	67	0.7
10	Jan_7_2020	47.87	53.28	54.89	55.12	55.27	55.6	58.31(8.85%)	UT	OpenLong	75	1.3	54	50	54	53	49.69	74%	0.29	91.5	2.5%	1.9	2.1	70	0.6

11	Jan_6_2020	47.73	52.76	54.52	54.1	54.29	54.26	53.57(-1.88%)	N/A	N/A	0	-0.2	-7	10	-15	18	18.26	70%	0.21	74.2	2.27%	-1.5	0.3	65	0.6
12	Jan_3_2020	47.63	52.44	54.63	54.19	54.18	54.95	54.59(-1.44%)	UD	OpenLong	75	0.1	23	100	14	48	16.81	72%	0.27	67.4	2.27%	0.2	0.8	72	0.5
13	Jan_2_2020	47.5	52.04	54.49	54.29	54.01	54.33	55.39(3.01%)	UT	HoldLong	65	0.4	33	30	20	71	20.14	72%	0.36	63	2.29%	1.6	1.1	81	1.3
14	Dec_31_2019	47.33	51.55	54.25	54.3	54.05	53.4	53.77(1.09%)	UD	OpenLong	65	-0.2	9	-100	-16	85	13.29	71%	0.25	53.5	2.27%	0.2	0.6	83	0.9
15	Dec_30_2019	47.21	51.19	54.19	54.62	54.39	53.69	53.19(-1.5%)	UD	OpenLong	65	-0.4	3	-100	-36	120	15.26	71%	0.25	55.7	2.28%	-1.1	0.6	85	0.4

16	Dec_27_2019	47.09	50.91	54.03	54.99	55.03	54.69	54(-2%)	UD	OpenLong	65	-0.3	27	-40	-17	159	17.1	65%	0.23	61.7	2.27%	0.4	0.9	76	0.9
17	Dec_26_2019	46.98	50.61	53.76	55.1	55.28	55.25	55.1(-0.6%)	UD	OpenLong	75	0	50	10	4	188	13.53	59%	0.38	66.7	2.39%	0.4	1.3	84	1.2
18	Dec_24_2019	46.8	50.19	53.21	54.68	55.15	55.45	55.44(0.09%)	UT	HoldLong	65	0.2	59	60	16	189	8.61	59%	0.3	66.8	2.55%	-2.4	1.5	86	1.3
19	Dec_23_2019	46.66	49.77	52.44	54.19	54.64	55.31	55.39(0.68%)	UT	HoldLong	65	0.4	65	110	22	194	23.5	59%	0.24	66.8	2.57%	0.7	1.7	88	1.2
20	Dec_20_2019	46.55	49.28	51.57	53.71	53.99	54.91	55.01(0.84%)	UT	HoldLong	65	0.4	75	130	36	193	44.15	59%	0.26	63.9	2.57%	0.7	1.9	79	1.5

21	Dec_19_2019	46.43	48.79	50.85	52.95	53.55	53.91	54.55(2.9%)	UT	OpenLong	75	0.6	73	80	38	179	55.63	59%	0.19	59.5	2.58%	1.2	2	71	1.8
22	Dec_18_2019	46.34	48.33	50.05	52.24	52.67	53.01	53.02(0.03%)	UT	OpenLong	75	0.3	48	70	14	149	30.13	57%	0.13	57	2.56%	-0.2	1.8	65	1.7
23	Dec_17_2019	46.28	47.98	49.38	51.5	52.14	53.21	53(0.08%)	UT	OpenLong	75	0.6	70	180	46	143	27.71	57%	0.13	53.3	2.56%	0.3	2.2	69	2.1
24	Dec_16_2019	46.22	47.69	48.59	50.39	51.13	52.35	52.96(3.4%)	UT	OpenLong	75	1.3	74	210	62	110	38.56	57%	0.13	49.8	2.57%	0.9	2.6	65	2.2
25	Dec_13_2019	46.16	47.4	47.9	49.09	49.7	51.07	51.22(0.42%)	UT	OpenLong	75	1.3	54	230	47	73	29.49	55%		41.4	2.53%	0.8	2.4	66	2.2
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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