Micron Technology, Stock Price Prediction

MU Stock   20.61  0.54  2.69%   
As of today, The relative strength index (RSI) of Micron Technology,'s share price is at 59. This indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Micron Technology,, making its price go up or down.

Oversold Vs Overbought

59

 
Oversold
 
Overbought
The successful prediction of Micron Technology,'s future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Micron Technology,, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Micron Technology,'s stock price prediction:
Quarterly Revenue Growth
0.933
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

    
  CAD 20.61  
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.
Intrinsic
Valuation
LowRealHigh
14.7118.2021.69
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 17.12 and 24.10, 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
20.61
20.61
After-hype Price
24.10
Upside
Micron Technology, is not too volatile 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
  0.17 
3.49
 0.00  
  0.05 
0 Events / Month
1 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
20.61
20.61
0.00 
0.00  
Notes

Micron Technology, Hype Timeline

Micron Technology, is now traded for 20.61on NEO Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.05. Micron is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is now at -0.17%. %. The volatility of related hype on Micron Technology, is about 1292.59%, with the expected price after the next announcement by competition of 20.56. The company has price-to-book ratio of 1.96. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Micron Technology, has Price/Earnings To Growth (PEG) ratio of 0.14. The entity last dividend was issued on the 7th of October 2024. Assuming the 90 days trading horizon the next estimated press release will be uncertain.
Check out Micron Technology, Basic Forecasting Models to cross-verify your projections.

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

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Micron Technology, Short Properties

Micron Technology,'s future price predictability will typically decrease when Micron Technology,'s long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Micron Technology, often depends not only on the future outlook of the potential Micron Technology,'s investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Micron Technology,'s indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding1.1 B

Other Information on Investing in Micron Stock

Micron Technology, financial ratios help investors to determine whether Micron Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Micron with respect to the benefits of owning Micron Technology, security.