Trading Signals: MU Stock Price Prediction and Forecast

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Fri. May. 5, 2017

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

(Micron Technology Inc)
MU latest price $28.2000 (1.48%) ($27.6200 - $28.2200) on Fri. May. 5, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.87% (three month average)
RSI   59
Latest Price   $28.2000(1.48%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MU advances 0.4% a day on average for past five trading days.
Weekly Trend   MU advances 1.3% 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%)    SPY(64%)
Factors Impacting MU price   MU will decline at least -0.935% in a week (0% probabilities).
VIXM(-18%)    TLT(-18%)    UUP(-14%)    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   -0.935% (StdDev 1.87%)
Hourly BBV 0 ()
Intraday Trend 1.4%

5 Day Moving Average   $28.01(0.68%)
10 Day Moving Average   $27.6(2.17%)
20 Day Moving Average   $27.48(2.62%)
To recent high   -2.7%
To recent low   22.7%
Market Cap   $31.358b

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% (three month std-dev: 1.87%) 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

> 20170605

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	May_5_2017	24.96	27.48	27.6	28.01			28.2(1.48%)	UT	OpenLong	75	0.3	14	-10000	4	43	15.64	65%	0.32	-19	1.87%	0	1.3	59	0
2	May_4_2017	24.88	27.49	27.51	27.9			27.79(-0.75%)	UD	OpenLong	75	-0.2	11	-10000	1	42	15.54	65%	0.32	-25.6	1.88%	0	0.5	60	0
3	May_3_2017	24.8	27.5	27.52	27.87			28(0.83%)	UT	OpenLong	75	0.2	21	-10000	9	57	15.06	65%	0.36	-28.4	1.89%	0	0.8	63	0
4	May_2_2017	24.71	27.52	27.44	27.63			27.77(-1.84%)	UD	OpenLong	75	0.2	15	-10000	6	42	25.34	65%	0.32	-37.7	1.89%	0	0.4	55	0
5	May_1_2017	24.63	27.56	27.37	27.47			28.29(2.24%)	UT	OpenLong	75	1.2	17	-10000	13	30	23.94	67%	0.33	-43.2	1.87%	0	1.1	54	0

6	Apr_28_2017	24.55	27.58	27.25	27.13			27.67(0.14%)	DP	OpenShort	-65	0.7	-1	-10000	3	-11	28.11	65%	0.29	-50.9	1.85%	0	0.1	41	0
7	Apr_27_2017	24.48	27.64	27.16	27.06			27.63(3.14%)	DP	OpenShort	-75	0.7	-12	-10000	-3	-38	24.63	65%	0.33	-36.4	1.87%	0	-0	40	0
8	Apr_26_2017	24.4	27.68	27.06	27.13			26.79(-0.74%)	DT	OpenShort	-75	-0.4	-16	-10000	-4	-52	24.67	62%	0.33	-20.5	1.85%	0	-1.1	37	0
9	Apr_25_2017	24.32	27.77	27.1	27.22			26.99(1.58%)	DP	OpenShort	-75	-0.3	-16	-10000	-1	-61	22.88	65%	0.33	0	1.84%	0	-1	35	0
10	Apr_24_2017	24.24	27.86	27.16	27.25			26.57(-2.75%)	DT	OpenShort	-75	-0.8	-21	-10000	-4	-70	44.04	69%	0.33	15.5	1.87%	0	-1.6	31	0

11	Apr_21_2017	24.16	27.96	27.35	27.36			27.32(-2.29%)	DT	HoldShort	-50	-0.1	-13	-10000	4	-64	28.36	73%	0.42	36.9	1.89%	0	-0.9	33	0
12	Apr_20_2017	24.06	27.93	27.47	27.25			27.96(2.57%)	DP	OpenShort	-65	0.9	-11	-10000	10	-75	23.63	77%	0.33	33.1	1.87%	0	0	36	0
13	Apr_19_2017	23.98	27.84	27.49	26.99			27.26(0.44%)	DP	OpenShort	-75	0.3	-25	-10000	0	-100	21.23	70%	0.38	21.7	1.85%	0	-0.6	35	0
14	Apr_18_2017	23.89	27.77	27.61	26.98			27.14(0.04%)	DP	OpenShort	-75	0.2	-29	-10000	-4	-103	14.41	72%	0.29	18.4	1.89%	0	-0.6	32	0
15	Apr_17_2017	23.82	27.74	27.76	27.08			27.13(1.46%)	DP	OpenShort	-75	0	-33	-10000	-10	-100	14.11	72%	0.29	22.9	1.92%	0	-0.6	31	0

16	Apr_13_2017	23.75	27.68	27.93	27.35			26.74(0.19%)	DP	OpenShort	-75	-0.5	-31	-10000	-14	-82	26.08	72%	0.3	30.3	1.93%	0	-0.8	32	0
17	Apr_12_2017	23.68	27.66	28.16	27.73			26.69(-1.8%)	DT	OpenShort	-75	-0.9	-17	-10000	-11	-35	24.62	72%	0.34	42.3	1.94%	0	-0.8	58	0
18	Apr_11_2017	23.6	27.65	28.36	28.04			27.18(-1.66%)	CR	SmallShort	-20	-0.7	-6	-10000	-11	8	38.62	72%	0.34	50.8	1.94%	0	-0.4	65	0
19	Apr_10_2017	23.52	27.58	28.52	28.33			27.64(-3.09%)	UD	OpenLong	65	-0.5	10	-10000	-7	59	27.42	72%	0.34	55.3	1.93%	0	0	73	0
20	Apr_7_2017	23.44	27.49	28.64	28.53			28.52(-0.35%)	UD	OpenLong	65	-0	24	-10000	-3	105	20.3	78%	0.43	56.5	1.87%	0	0.7	71	0

21	Apr_6_2017	23.34	27.33	28.63	28.6			28.62(1.27%)	UD	OpenLong	65	0	33	-10000	-3	140	19.42	78%	0.47	55.9	1.88%	0	0.9	74	0
22	Apr_5_2017	23.23	27.16	28.44	28.67			28.26(-1.15%)	UD	OpenLong	65	-0.3	37	-10000	-2	155	22.39	78%	0.48	59.1	1.88%	0	0.8	70	0
23	Apr_4_2017	23.12	27.02	28.25	28.72			28.59(-0.17%)	UD	OpenLong	65	-0.1	40	-10000	-1	163	13.96	78%	0.48	63.5	1.88%	0	1.1	72	0
24	Apr_3_2017	23.01	26.87	27.96	28.74			28.64(-0.9%)	UD	OpenLong	65	-0.1	41	-10000	-1	168	21.63	80%	0.48	73.3	1.89%	0	1.2	75	0
25	Mar_31_2017	22.9	26.72	27.73	28.76			28.9(-0.24%)	UD	OpenLong	75	0.1	48	-10000	3	182	32.34	80%		84.3	1.9%	0	1.6	76	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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