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Stock Trend Analysis Report

Prepared for you on Saturday, April 10, 2021.

Microchip Tech, Inc (NASDAQ:MCHP)

Countertrend Up (+85) - MCHP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid MCHP?

MarketClub looks at technical strength and momentum to determine if the timing is right for MCHP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MCHP
Open High Low MCHP Price Change
160.7300 162.5100 159.9336 161.7900 0.0000
Entry Signal

MarketClub’s Trade Triangles for MCHP

long term up The long-term trend has been UP since Jun 3rd, 2020 at 99.24

intermediate term up The intermediate-term trend has been UP since Apr 1st, 2021 at 158.24

short term down The short-term trend has been DOWN since Apr 8th, 2021 at 158.86

Smart Scan Analysis for MCHP

Based on our trend formula, MCHP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for MCHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
160.7300 162.5100 159.9336 161.7900 0.0000
Prev. Close Volume Bid Ask Time
161.7300 858704 2021-04-09 15:59:46
Year High104.2Year High Date2018-06-08
Year Low60.7Year Low Date2018-10-26
52wk High166.6752wk High Date2021-02-17
52wk Low74.5852wk Low Date2020-04-21
Year End Close32.59Average Volume2,050,442
Shares Outstanding269,262Short Interest17,589,916
% Institutional99.5Market Cap22,714M
Assets165,761,000MLiabilities112,791,000M
P/E Ratio127.3937Beta1.08
Volatility48.74
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