· Weekly signal · MU
Micron Technology Inc (MU) rebounds 8.5% as one-month loss remains deep
The semiconductor name regained ground in weekly market data, but the move sits against a still-negative four-week return and lighter-than-average turnover.
Micron Technology Inc (MU) closed the latest week at 920.95 USD, up 8.5% on the week, in a weekly price path over 52 weeks.
The rebound is not clean. The stock is still down -18.7% over four weeks, while the 12-week return remains 69.9%. Volume was 199.7 million shares, about 0.8x the 13-week average, while Market Dynamics showed modest confirmation and Relative Strength stood at 104.0.