Micron Stock Just Moved into Overbought Territory After a Massive Run in 2025. Is It Too Late to Buy MU Stock?
Micron (MU) stock is rising significantly on January 2 after a senior Bernstein analyst, Stacy Rasgon, issued a constructive note in its favor. Today’s rally took the MU Short-Term Relative Strength Index (9-day) into the mid-70s, which is often interpreted as overbought territory. Including today’s earnings, Micron stock is trading at nearly five times its…