Micron’s stock closed at $96.93, reflecting a significant intraday gain of +5.03%. The technical outlook remains bullish, with consensus signals across key indicators:
Supertrend and Moving Averages reinforce a “Strong Buy” stance.
Oscillators align with bullish momentum:
RSI(14) at 71.36 (approaching overbought but supportive of upward momentum).
Momentum(10) at 20.05, Awesome Oscillator at +9.67, and CCI(20) at 205.30, all signaling sustained buying pressure.
Ultra MACD maintains a positive trajectory, contingent on continued momentum.
Fibonacci retracement identifies a critical support level at $89.00, serving as a base for upward revisions.
Fundamental Considerations
Financial Performance: Quarterly net income declined -15.35% YoY, though annual net income stands at $778M.
Balance Sheet: Net debt of $6.8B warrants monitoring, particularly in light of cyclical industry dynamics.
Market Sentiment: Fixed-range volume profile indicates diminishing participation, creating a divergence from rising price action.
Analyst Consensus & Valuation
Consensus rating: Buy (based on 28 analysts, per Refinitiv data).
12-month price target: $123.91, implying ~27.8% upside potential.
Risk-Reward Assessment
While technical indicators advocate for a long position, fundamental headwinds (e.g., margin compression, leverage) necessitate disciplined risk management. Key near-term catalysts include industry-wide DRAM/NAND pricing trends and execution on operational efficiency.
Supertrend and Moving Averages reinforce a “Strong Buy” stance.
Oscillators align with bullish momentum:
RSI(14) at 71.36 (approaching overbought but supportive of upward momentum).
Momentum(10) at 20.05, Awesome Oscillator at +9.67, and CCI(20) at 205.30, all signaling sustained buying pressure.
Ultra MACD maintains a positive trajectory, contingent on continued momentum.
Fibonacci retracement identifies a critical support level at $89.00, serving as a base for upward revisions.
Fundamental Considerations
Financial Performance: Quarterly net income declined -15.35% YoY, though annual net income stands at $778M.
Balance Sheet: Net debt of $6.8B warrants monitoring, particularly in light of cyclical industry dynamics.
Market Sentiment: Fixed-range volume profile indicates diminishing participation, creating a divergence from rising price action.
Analyst Consensus & Valuation
Consensus rating: Buy (based on 28 analysts, per Refinitiv data).
12-month price target: $123.91, implying ~27.8% upside potential.
Risk-Reward Assessment
While technical indicators advocate for a long position, fundamental headwinds (e.g., margin compression, leverage) necessitate disciplined risk management. Key near-term catalysts include industry-wide DRAM/NAND pricing trends and execution on operational efficiency.
Hiç kaydolmayanlara 15 dolar indirim: tr.tradingview.com/pricing/?share_your_love=BorsaMerkezi
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Hiç kaydolmayanlara 15 dolar indirim: tr.tradingview.com/pricing/?share_your_love=BorsaMerkezi
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.