Micron Technology Inc (MU)
Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. It is headquartered in Boise, Idaho.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 49.82% per annum.
- MU price at the close of August 13, 2025 was $124.27 and was lower than the bottom border of the primary price channel by $3.91 (3.05%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 32.11% per annum.
- MU price at the close of August 13, 2025 was higher than the top border of the secondary price channel by $32.29 (35.11%). This indicates a possible reversal in the secondary trend direction.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of MU price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: June 13, 2022
End date: August 27, 2024
a = 3.0962
b = 0.0011
s = 0.1320
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0011) – 1
= 49.82%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1320) – 1
= 69.55%
June 13, 2022 calculations
Top border of price channel:
Exp(Y460)
= Exp(a + b × X460 + 2 × s)
= Exp(a + b × 668 + 2 × s)
= Exp(3.0962 + 0.0011 × 668 + 2 × 0.1320)
= Exp(4.1000)
= $60.34
Bottom border of price channel:
Exp(Y460)
= Exp(a + b × X460 – 2 × s)
= Exp(a + b × 668 – 2 × s)
= Exp(3.0962 + 0.0011 × 668 – 2 × 0.1320)
= Exp(3.5720)
= $35.59
August 27, 2024 calculations
Top border of price channel:
Exp(Y1,014)
= Exp(a + b × X1,014 + 2 × s)
= Exp(a + b × 1,474 + 2 × s)
= Exp(3.0962 + 0.0011 × 1,474 + 2 × 0.1320)
= Exp(4.9927)
= $147.33
Bottom border of price channel:
Exp(Y1,014)
= Exp(a + b × X1,014 – 2 × s)
= Exp(a + b × 1,474 – 2 × s)
= Exp(3.0962 + 0.0011 × 1,474 – 2 × 0.1320)
= Exp(4.4647)
= $86.89
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 49.82% per annum.
- MU price at the close of August 13, 2025 was $124.27 and was lower than the bottom border of the primary price channel by $3.91 (3.05%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: March 21, 2024
End date: May 12, 2025
a = 6.2452
b = -0.0011
s = 0.1065
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0011) – 1
= -32.11%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1065) – 1
= 53.14%
March 21, 2024 calculations
Top border of price channel:
Exp(Y905)
= Exp(a + b × X905 + 2 × s)
= Exp(a + b × 1,315 + 2 × s)
= Exp(6.2452 + -0.0011 × 1,315 + 2 × 0.1065)
= Exp(5.0628)
= $158.03
Bottom border of price channel:
Exp(Y905)
= Exp(a + b × X905 – 2 × s)
= Exp(a + b × 1,315 – 2 × s)
= Exp(6.2452 + -0.0011 × 1,315 – 2 × 0.1065)
= Exp(4.6366)
= $103.19
May 12, 2025 calculations
Top border of price channel:
Exp(Y1,190)
= Exp(a + b × X1,190 + 2 × s)
= Exp(a + b × 1,732 + 2 × s)
= Exp(6.2452 + -0.0011 × 1,732 + 2 × 0.1065)
= Exp(4.6203)
= $101.52
Bottom border of price channel:
Exp(Y1,190)
= Exp(a + b × X1,190 – 2 × s)
= Exp(a + b × 1,732 – 2 × s)
= Exp(6.2452 + -0.0011 × 1,732 – 2 × 0.1065)
= Exp(4.1941)
= $66.29
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 32.11% per annum.
- MU price at the close of August 13, 2025 was higher than the top border of the secondary price channel by $32.29 (35.11%). This indicates a possible reversal in the secondary trend direction.