Micron Technology (UK) Price Prediction

0R2T Stock   87.87  1.34  1.55%   
The relative strength index (RSI) of Micron Technology's stock price is slightly above 60. This suggests that the stock is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Micron, making its price go up or down.

Oversold Vs Overbought

60

 
Oversold
 
Overbought
The successful prediction of Micron Technology's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Micron Technology and does not consider all of the tangible or intangible factors available from Micron Technology's fundamental data. We analyze noise-free headlines and recent hype associated with Micron Technology, which may create opportunities for some arbitrage if properly timed.
Using Micron Technology hype-based prediction, you can estimate the value of Micron Technology from the perspective of Micron Technology response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Micron Technology to buy its stock at a price that has no basis in reality. In that case, they are not buying Micron because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Micron Technology after-hype prediction price

    
  USD 88.35  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Micron Technology Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.
Intrinsic
Valuation
LowRealHigh
74.6278.4696.66
Details
Naive
Forecast
LowNextHigh
77.5281.3685.20
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
80.7687.5394.29
Details

Micron Technology After-Hype Price Prediction Density Analysis

As far as predicting the price of Micron Technology at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Micron Technology or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Micron Technology, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Micron Technology Estimiated After-Hype Price Volatility

In the context of predicting Micron Technology's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Micron Technology's historical news coverage. Micron Technology's after-hype downside and upside margins for the prediction period are 84.51 and 92.19, respectively. We have considered Micron Technology's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
87.87
88.35
After-hype Price
92.19
Upside
Micron Technology is very steady at this time. Analysis and calculation of next after-hype price of Micron Technology is based on 3 months time horizon.

Micron Technology Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Micron Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Micron Technology backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Micron Technology, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.19 
3.84
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
87.87
88.35
0.55 
0.00  
Notes

Micron Technology Hype Timeline

Micron Technology is presently traded for 87.87on London Exchange of UK. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Micron is projected to increase in value after the next headline, with the price projected to jump to 88.35 or above. The average volatility of media hype impact on the company the price is insignificant. The price appreciation on the next news is projected to be 0.55%, whereas the daily expected return is presently at -0.19%. The volatility of related hype on Micron Technology is about 0.0%, with the expected price after the next announcement by competition of 87.87. The company reported the revenue of 25.11 B. Net Loss for the year was (5.83 B) with loss before overhead, payroll, taxes, and interest of (1.42 B). Assuming the 90 days trading horizon the next projected press release will be in 5 to 10 days.
Check out Micron Technology Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.

Micron Technology Related Hype Analysis

Having access to credible news sources related to Micron Technology's direct competition is more important than ever and may enhance your ability to predict Micron Technology's future price movements. Getting to know how Micron Technology's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Micron Technology may potentially react to the hype associated with one of its peers.

Micron Technology Additional Predictive Modules

Most predictive techniques to examine Micron price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Micron using various technical indicators. When you analyze Micron charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Micron Technology Predictive Indicators

The successful prediction of Micron Technology stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Micron Technology, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Micron Technology based on analysis of Micron Technology hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Micron Technology's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Micron Technology's related companies.

Story Coverage note for Micron Technology

The number of cover stories for Micron Technology depends on current market conditions and Micron Technology's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Micron Technology is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Micron Technology's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Additional Tools for Micron Stock Analysis

When running Micron Technology's price analysis, check to measure Micron Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Micron Technology is operating at the current time. Most of Micron Technology's value examination focuses on studying past and present price action to predict the probability of Micron Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micron Technology's price. Additionally, you may evaluate how the addition of Micron Technology to your portfolios can decrease your overall portfolio volatility.