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TMCNet:  Micron Technology Has Returned 32.5% Since SmarTrend Recommendation (MU)

[February 27, 2013]

Micron Technology Has Returned 32.5% Since SmarTrend Recommendation (MU)

Feb 27, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Micron Technology (NASDAQ:MU) on December 5th, 2012 at $6.11. In approximately 3 months, Micron Technology has returned 32.51% as of today's recent price of $8.09.

In the past 52 weeks, Micron Technology share prices have been bracketed by a low of $5.56 and a high of $8.11 and are now at $8.09, 46% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.0%.

Micron Technology, Inc., through its subsidiaries, manufactures and markets dynamic random access memory chips (DRAMs), very fast static random access memory chips (SRAMs), Flash Memory, other semiconductor components, and memory modules.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Micron Technology shares.Log in and add Micron Technology (MU) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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