Micron technology stock price in recent trading

In recent trading, Micron Technology stock price held above its 50-day moving average, signaling institutional accumulation. RSI levels remain in neutral territory, leaving room for further gains. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style. Today, Micron Technology stock price opened stronger, buoyed by reports of expanding NAND flash shipments. Analysts project double-digit year-over-year earnings growth for FY2024, favoring the semiconductor growth cycle.