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

MU earnings
2020-06-29

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

AFTER THE REPORT2020-06-29
-8.0%0.0%+13.0%Report close+20 sessions
MUSPYReturn from pre-report close
Next-open gap+5.35%
First session+4.82%
Five sessions-0.12%
20 sessions+1.91%

Objective read

The reaction, under the hood

The first regular session closed +4.82% from the pre-report close of $49.15. Volume ran at 2.13 times the prior 20-session baseline, which HPT classifies as elevated participation.

By session 20, MU was +1.91% while SPY was +5.49%. The -3.58% 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 50.1. The first-session range was 0.74 ATR with the close at 37% of that session's range.