MARKET TAPEINDICES / ETF PROXIES
VIX 16.39Daily close · Oct 1
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Micron Technology · earnings reaction edition

MU earnings
2019-03-20

What price, participation and market-relative performance did after this report.

AFTER THE REPORT2019-03-20
-8.0%0.0%+13.0%Report close+20 sessions
MUSPYReturn from pre-report close
Next-open gap+3.91%
First session+9.62%
Five sessions-2.24%
20 sessions+7.53%

Objective read

The reaction, under the hood

The first regular session closed +9.62% from the pre-report close of $40.13. Volume ran at 3.08 times the prior 20-session baseline, which HPT classifies as elevated participation.

By session 20, MU was +7.53% while SPY was +2.81%. The +4.72% spread shows whether the move remained company-specific or faded back toward the broad tape.

Before the report, price was above its 55-day EMA and RSI measured 53.0. The first-session range was 1.82 ATR with the close at 91% of that session's range.