MU

MU

Micron Technology Inc
Semiconductors
$983.23 +5.87% As of Oct 29, 1:09 AM
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Trade Idea

Strategy
Bull Call
Strikes
$950/955
Expiration
Dec 4
Target ROI
100.0%
Trade Reasoning
The current stock price of $951.18 positions MU just above the lower strike of the bull call spread at $950, indicating strong potential for upward movement. With no identified technical risk factors, this entry point is favorable as it capitalizes on the momentum while minimizing downside exposure. The ATM spread structure provides an attractive risk/reward, allowing for amplified gains if MU rises above $955 while limiting potential losses, thus aligning with Maya's disciplined approach to trade management. Maya's edge comes from disciplined trade management—knowing when to exit is just as important as when to enter. Subscribe to get real-time open and close alerts that take the guesswork out of trading.

Technical Analysis

MU Bears Gain Edge as Momentum Fades at $983.23

Bearish
Oct 29, 2026 at 1:09 AM • $983.23 (+5.87%)

Shares of Micron Technology Inc (MU) rose 5.87% to $983.23 on October 29.

The technical setup looks mixed:

Momentum RSI at 53.5 is neutral but improving. MACD is bearish (-24.64 vs signal -23.83).
Moving Averages Moving averages are converging near $927.77 (9-day) and $951.78 (21-day), signaling indecision.
Volatility Bollinger Band width at 31.7% indicates normal volatility.

Watch $814.91 as support and $1121.64 as resistance.

Technical Momentum Favors MU Bears at $983.23

Bearish
Oct 28, 2026 at 9:01 PM • $983.23 (+5.87%)

MACD Signals Distribution in MU at $928.76

Bearish
Oct 27, 2026 at 9:01 PM • $928.76 (+2.78%)

MU Slips Below Moving Averages, Testing $903.70

Bearish
Oct 26, 2026 at 9:01 PM • $903.70 (+2.98%)

MU Bears Take Control as Stock Slides to $877.55

Bearish
Oct 25, 2026 at 12:09 AM • $877.55 (+2.46%)
Systematic technical analysis • Updated daily after market close

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Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp 35
Trade Date Oct 29, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.