Micron Technology (Brazil) Technical Analysis
| MUTC34 Stock | BRL 96.69 0.27 0.28% |
As of the 2nd of December, Micron Technology secures the Downside Deviation of 3.26, mean deviation of 2.47, and Risk Adjusted Performance of 0.0533. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Micron Technology, as well as the relationship between them.
Micron Technology Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Micron, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MicronMicron |
Micron Technology technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Micron Technology Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Micron Technology Trend Analysis
Use this graph to draw trend lines for Micron Technology. 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 applied against its price change over selected period. The best fit line has a slop of 0.32 , which means Micron Technology will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3968.05, which is the sum of squared deviations for the predicted Micron Technology price change compared to its average price change.About Micron Technology Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Micron Technology on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Micron Technology based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Micron Technology price pattern first instead of the macroeconomic environment surrounding Micron Technology. By analyzing Micron Technology's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Micron Technology's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Micron Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
Micron Technology December 2, 2024 Technical Indicators
Most technical analysis of Micron help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Micron from various momentum indicators to cycle indicators. When you analyze Micron charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0533 | |||
| Market Risk Adjusted Performance | 0.2318 | |||
| Mean Deviation | 2.47 | |||
| Semi Deviation | 3.02 | |||
| Downside Deviation | 3.26 | |||
| Coefficient Of Variation | 1679.89 | |||
| Standard Deviation | 3.41 | |||
| Variance | 11.59 | |||
| Information Ratio | 0.0191 | |||
| Jensen Alpha | 0.0818 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | 0.0199 | |||
| Treynor Ratio | 0.2218 | |||
| Maximum Drawdown | 21.03 | |||
| Value At Risk | (5.09) | |||
| Potential Upside | 4.49 | |||
| Downside Variance | 10.66 | |||
| Semi Variance | 9.12 | |||
| Expected Short fall | (2.60) | |||
| Skewness | 0.9897 | |||
| Kurtosis | 4.55 |
Complementary Tools for Micron Stock analysis
When running Micron Technology's price analysis, check to measure Micron Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Micron Technology is operating at the current time. Most of Micron Technology's value examination focuses on studying past and present price action to predict the probability of Micron Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micron Technology's price. Additionally, you may evaluate how the addition of Micron Technology to your portfolios can decrease your overall portfolio volatility.
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