Micron Technology Technical Analysis

Micron Technology Inc -- USA Stock  

USD 42.76  1.23  2.8%

Micron Technology Inc secures Downside Deviation of 2.67, Mean Deviation of 2.16 and Risk Adjusted Performance of 0.0396. In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Micron Technology Inc as well as the relationship between them. Strictly speaking you can use this information to find out if the firm will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for Micron Technology which can be compared to its peers in the industry. Please verify Micron Technology Inc Mean Deviation, Information Ratio as well as the relationship between Information Ratio and Downside Variance to decide if Micron Technology Inc is priced some-what accurately providing market reflects its recent price of 42.76 per share. Given that Micron Technology Inc has Jensen Alpha of 0.3159, we recommend you check Micron Technology last-minute market performance to make sure the company can sustain itself at future point.
 Time Horizon     30 Days    Login   to change

Micron Technology Inc Technical Analysis

Indicator
Time Period
  Portfolio Suggestion    
  
Execute Indicator
 
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Micron Technology Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Micron Technology Inc Trend Analysis

Use this graph to draw trend lines for Micron Technology Inc. You can use it to identify possible trend reversals for Micron Technology as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Micron Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Micron Technology Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Micron Technology Inc applied against its price change over selected period. The best fit line has a slop of 0.045294 % which suggests that Micron Technology Inc will keep on generating value for investors. It has 34 observation points and a regression sum of squares at 1.67, which is the sum of squared deviations for the predicted Micron Technology price change compared to its average price change.

Did you try this?

Run ETF Directory Now
   

ETF Directory

Find actively-traded Exchange Traded Funds (ETF) from around the world
Hide  View All  NextLaunch ETF Directory
Micron Technology Inc is regarded third in mean deviation category among related companies. It is regarded second in standard deviation category among related companies creating about  1.33  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Micron Technology Inc is roughly  1.33