Micron Stock Just Moved Into Overbought Territory After Massive 2025 Run. Is It Too Late to Buy MU Shares?

Micron (MU) stock is pushing meaningfully higher on Jan. 2 after a senior Bernstein analyst, Stacy Rasgon, issued a constructive note in it favor. Today’s rally drove MU’s near-term relative strength index (9-day) into the mid-70s, which is often interpreted as the overbought territory. More News from Barchart Including today’s gains, Micron shares are trading at nearly 5x their price in April 2025. www.barchart.com Why Does Bernstein Remain Bullish on Micron Stock? Stacy Rasgon expects MU stock to p ...