Yep so in this case... that's saying that the peer group (chip/semi-conductors) is disconnected a bit from the rest of the market... and directionally its down.

Yep so in this case... that's saying that the peer group (chip/semi-conductors) is disconnected a bit from the rest of the market... and directionally its down. Micron specifcally has some "other" attribution too. Glancing at the other semis... they are mostly down because of just the peer factor. TLDR; Micron (MU) is leading the peer group down (in contrast to something like LCRX which is in that herd but following).