MU + 11.66% vs VTR +6.10%: Swing Trading Performance Analysis Comparison
Comparison of Micron Technology (MU) and Ventas (VTR): A Deep Dive into the Performance and Prospects
Compare: Swing trader: Deep Trend Analysis v.2 (TA) generates 11.66% for MU vs Swing Trader for Beginners: Trading in Markets Trending Up (TA&FA) generates 6.10% for VTR
Micron Technology (MU) and Ventas (VTR), two companies from disparate sectors, have seen differing performances in the market. These stocks belong to the Semiconductors and Real Estate Investment Trusts (REITs) industries, respectively, and their recent price movements, as well as future earnings reports, offer insights into their potential for investors.
Swing Trading Strategies: MU versus VTR
Swing trading strategies employed for MU and VTR indicate a diverging performance. The "Deep Trend Analysis v.2 (TA)" strategy used for MU has yielded an 11.66% return, offering considerable promise. Conversely, VTR, with the "Swing Trader for Beginners: Trading in Markets Trending Up (TA&FA)" strategy, has seen a comparatively lower return of 6.10%. This implies that the technical analysis-backed swing trading approach for MU has been more successful recently, providing a higher return for investors.
Comparative Price Growth: MU and VTR
The recent weekly price change in MU was a decrease of 4.80%, while VTR experienced a slightly less decline of 2.94%. These drops in price reflect the broader industry trends, with the average weekly price decrease in the Semiconductor and REIT industries being -2.38% and -2.11%, respectively.
When examined from a broader perspective, the Semiconductor industry (where MU belongs) is experiencing robust growth. The average monthly and quarterly price growths were +8.43% and +29.44%, respectively, indicating a strong, upward trend. Conversely, the REIT industry, in which VTR operates, had a modest monthly growth of +1.21%, but witnessed a marginal quarterly decrease of -0.24%.
Upcoming Earnings Reports
MU is slated to report earnings on September 26, 2023, while VTR is expected to share its earnings report a bit earlier, on August 04, 2023. These dates are crucial for both companies, as the earnings reports will provide investors with insights into their financial health and strategic direction.
MU in upward trend: 10-day moving average moved above 50-day moving average on October 02, 2024
The 10-day moving average for MU crossed bullishly above the 50-day moving average on October 02, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
MU moved above its 50-day moving average on September 26, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MU advanced for three days, in of 319 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day RSI Indicator for MU moved out of overbought territory on September 30, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 42 similar instances where the indicator moved out of overbought territory. In of the 42 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 60 cases where MU's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on October 28, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on MU as a result. In of 96 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for MU turned negative on October 24, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
MU broke above its upper Bollinger Band on October 17, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for MU entered a downward trend on September 23, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 67, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MU’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.548) is normal, around the industry mean (7.487). P/E Ratio (148.157) is within average values for comparable stocks, (58.779). Projected Growth (PEG Ratio) (0.166) is also within normal values, averaging (2.825). MU has a moderately low Dividend Yield (0.004) as compared to the industry average of (0.020). P/S Ratio (4.617) is also within normal values, averaging (43.322).
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
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Fundamental Analysis Ratings
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General Information
a manufacturer of advanced semiconductor solutions such as DRAMs, NAND flash memory, CMOS image sensors, other semiconductor components and memory modules
Industry Semiconductors