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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.
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MarketClub’s Trade Triangles for MCHP
The long-term trend has been UP since Jun 3rd, 2020 at 99.24
The intermediate-term trend has been UP since Apr 1st, 2021 at 158.24
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).
| 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 High | 104.2 | Year High Date | 2018-06-08 |
| Year Low | 60.7 | Year Low Date | 2018-10-26 |
| 52wk High | 166.67 | 52wk High Date | 2021-02-17 |
| 52wk Low | 74.58 | 52wk Low Date | 2020-04-21 |
| Year End Close | 32.59 | Average Volume | 2,050,442 |
| Shares Outstanding | 269,262 | Short Interest | 17,589,916 |
| % Institutional | 99.5 | Market Cap | 22,714M |
| Assets | 165,761,000M | Liabilities | 112,791,000M |
| P/E Ratio | 127.3937 | Beta | 1.08 |
| Volatility | 48.74 |