Trading Signals: MU Stock Price Prediction and Forecast

^ MU: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Mon. Dec. 28, 2020

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

(Micron Technology Inc)
MU latest price $70.6750 (0.08%) ($70.6750 - $70.6750) on Mon. Dec. 28, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.28% (three month average)
RSI   41
Latest Price   $70.6750(0.08%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MU declines -0.2% a day on average for past five trading days.
Weekly Trend   MU declines -0.9% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support MU advance at 0% a week (0% probability)
FIVG(70%)    QQQ(67%)    DRIV(64%)    IDRV(64%)    IWF(64%)
Factors Impacting MU price   MU will decline at least -1.14% in a week (0% probabilities).
VIXM(-38%)    UUP(-18%)    VXX(-13%)    TLT(-8%)    SHY(-0%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.14% (StdDev 2.28%)
Hourly BBV 0.4 ()
Intraday Trend 0%

Inflection Point   Yes
Resistance Level   $70.9
5 Day Moving Average   $70.59(0.12%)
10 Day Moving Average   $71.38(-0.99%)
20 Day Moving Average   $70.9(-0.32%)
To recent high   -3.8%
To recent low   51.8%
Market Cap   $78.591b

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 3.03% (three month std-dev: 2.28%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: -3.72%(100%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -6.47%(100%) Sample size 1 Average positive next weekly return: 0%(0%) Average negative next weekly return: -10.14%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210128

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	Dec_28_2020	54.9	70.9		70.59	70.39	70.65	70.68(0.08%)	DP	OpenShort	-65	0	-2	20	5	-22	7.74	69%	0.51	77.2	2.28%	0.4	-0.1	41	1.2
2	Dec_24_2020	54.62	70.62	71.38	70.72	70.57	70.26	70.62(1.02%)	DP	OpenShort	-75	-0	-11	-40	-4	-33	4.84	69%	0.37	70.6	2.27%	-2.4	0	37	1.3
3	Dec_23_2020	54.42	70.29	71.47	71.05	70.74	70.14	69.9(-0.67%)	DT	OpenShort	-75	-0.4	-32	-70	-32	-33	8.46	69%	0.35	68.6	2.28%	-1.1	-0.1	53	0.5
4	Dec_22_2020	54.23	70.03	71.65	71.66	71.32	70.89	70.37(-1.46%)	DT	OpenShort	-75	-0.4	-22	-60	-25	-11	9.89	69%	0.37	71.5	2.27%	-1	0.1	58	-0.7
5	Dec_21_2020	54.03	69.75	71.92	72.2	71.97	71.34	71.41(0.12%)	N/A	N/A	0	-0.2	-5	-70	-15	25	10.81	65%	0.41	75.9	2.26%	-0.8	0.5	67	-1.6

6	Dec_18_2020	53.81	69.28	72.04	72.27	72.38	71.75	71.33(-1.27%)	N/A	N/A	0	-0.2	-0	-60	-18	53	12.61	65%	0.39	73.9	2.3%	-1.4	0.5	74	1.2
7	Dec_17_2020	53.6	68.84	72.25	72.11	72.5	72.6	72.24(-0.97%)	UD	OpenLong	65	0	22	30	-1	90	9.99	65%	0.41	75.6	2.3%	-1.7	0.8	77	1.6
8	Dec_16_2020	53.38	68.28	72.04	71.95	72.07	73	72.95(-0.14%)	UD	OpenLong	75	0.2	46	100	21	121	11.67	65%	0.43	76.4	2.29%	0.9	1.1	80	1.5
9	Dec_15_2020	53.15	67.74	71.67	71.65	71.73	72.41	73.05(1.79%)	UT	HoldLong	65	0.3	60	70	33	141	9.99	65%	0.4	81.9	2.3%	1.4	1.2	77	0.8
10	Dec_14_2020	52.94	67.17	71.1	71.66	71.33	71.14	71.77(1.77%)	UD	OpenLong	65	0	32	-30	-4	141	10.95	69%	0.42	90.1	2.29%	0.8	1	75	-0.6

11	Dec_11_2020	52.72	66.5	70.4	71.82	71.66	71.05	70.52(-1.32%)	UD	OpenLong	65	-0.3	19	-70	-23	146	13.13	70%	0.34	90.1	2.4%	-0.7	0.9	78	0.3
12	Dec_10_2020	52.54	65.81	69.83	72.41	72.17	71.51	71.46(0.02%)	UD	OpenLong	65	-0.2	30	-70	-18	175	1.1	70%	0.38	90.1	2.4%	-0.7	1.1	79	0.9
13	Dec_9_2020	52.34	65.07	69.06	72.1	72.64	72.27	71.45(-2.26%)	UD	OpenLong	65	-0.1	47	-10	-1	191	16.04	70%	0.38	90.4	2.4%	-1.8	1.2	80	1
14	Dec_8_2020	52.14	64.28	68.33	71.63	72.26	72.83	73.1(0.74%)	UT	HoldLong	65	0.3	70	80	25	206	11.5	67%	0.44	90.7	2.37%	0.3	1.6	79	1.6
15	Dec_7_2020	51.91	63.41	67.42	70.43	71.13	73.01	72.56(-1.25%)	UD	OpenLong	75	0.4	100	210	65	206	15.84	67%	0.45	93.3	2.42%	0.2	1.8	79	1.1

16	Dec_4_2020	51.68	62.53	66.3	68.75	69.74	71.69	73.47(5.08%)	UT	HoldLong	65	0.9	126	240	101	201	29.7	67%	0.45	92.6	2.43%	1.1	2.2	86	1.2
17	Dec_3_2020	51.45	61.56	65.1	66.9	67.44	69.25	69.92(1.17%)	UT	HoldLong	65	0.7	92	210	65	174	18.56	61%	0.39	94.9	2.37%	0.9	1.8	86	0.9
18	Dec_2_2020	51.25	60.66	64.16	65.6	66.01	67.8	69.11(2.95%)	UT	HoldLong	65	0.8	97	210	74	167	23.19	64%	0.39	89.6	2.41%	1.2	1.9	85	1
19	Dec_1_2020	51.05	59.76	63.41	64.57	64.7	65.64	67.13(4.68%)	UT	HoldLong	65	0.6	75	110	46	160	36.07	62%	0.33	83.1	2.44%	0.5	1.6	84	1
20	Nov_30_2020	50.88	58.89	62.85	63.99	63.9	64.23	64.13(-0.16%)	UD	OpenLong	75	0	56	30	19	167	20.31	60%	0.28	75.3	2.37%	0.4	1.1	79	1.1

21	Nov_27_2020	50.74	58.22	62.26	63.44	63.78	63.77	64.23(1.31%)	UT	HoldLong	65	0.2	56	10	18	169	7.38	60%	0.3	67.8	2.38%	-2.4	1.3	81	1.1
22	Nov_25_2020	50.59	57.53	61.49	62.98	63.16	63.56	63.4(-0.9%)	UD	OpenLong	75	0.1	48	50	8	166	12.46	61%	0.3	59.3	2.37%	0.4	1.2	81	1.3
23	Nov_24_2020	50.44	56.86	60.81	62.45	62.66	63.8	63.97(-0.42%)	UD	OpenLong	75	0.3	74	140	36	187	22.58	61%	0.26	54.7	2.38%	0.6	1.5	86	1.1
24	Nov_23_2020	50.31	56.24	59.97	62.07	61.98	62.75	64.24(4.65%)	UT	HoldLong	65	0.5	80	80	39	203	20.45	61%	0.28	53.9	2.39%	1.6	1.7	88	1.1
25	Nov_20_2020	50.17	55.61	59.12	61.57	61.43	61.53	61.39(-0.87%)	UD	OpenLong	75	-0	69	0	18	220	14.11	58%		55.2	2.34%	0.7	1.4	88	1.2
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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