Micron Technology (MU, $79.78) price may drop as it broke higher Bollinger Band on Apr 25, 2025

#Semiconductors, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #LargeCap, #Nasdaq100
MU - Micron Technology
Bollinger signal
Bearish Trend
66%
Odds of DOWN Trend
Price: $79.78
Daily change: +$2.36 (+3.05%)
Daily volume: 19.7M
Industry: Semiconductors

This price move could be a signal that MU may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 47 similar cases where MU's price broke its higher Bollinger Band, and 31 of them led to a successful outcome. Odds of Success: 66%.