Micron Shares Surge 7.85% Amid Positive Market Sentiment
- Stock Performance: Micron (MU) shares increased by $17.12, or 7.85%, reaching approximately $235.15.
- Options Activity: Options trading volume is significantly above average with 141k contracts, showing a put/call ratio of 0.79, indicating bullish sentiment.
- Implied Volatility: Implied volatility (IV30) rose by 0.6 points to 64.56, suggesting an anticipated daily price movement of $9.56.
- Market Sentiment: The put-call skew has flattened, reflecting a modestly bullish outlook among traders.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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