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Stock Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

Microchip Technology Incorporated (NASDAQ:MCHP)

Weak Downtrend (-65) - MCHP is showing signs of a strengthening downtrend. Monitor MCHP as it may be building momentum to the downside.

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
73.97 76.10 73.03 73.45 -0.52
Entry Signal

MarketClub’s Trade Triangles for MCHP

long term up The long-term trend has been UP since Aug 27th, 2021 at 159.680

intermediate term down The intermediate-term trend has been DOWN since Jan 10th, 2022 at 81.410

short term down The short-term trend has been DOWN since Jan 18th, 2022 at 82.765

Smart Scan Analysis for MCHP

Based on our trend formula, MCHP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MCHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
73.97 76.10 73.03 73.45 -0.52
Prev. Close Volume Bid Ask Time
73.33 4179698 2022-01-21 15:59:40
Year High104.2Year High Date2018-06-08
Year Low60.7Year Low Date2018-10-26
52wk High9052wk High Date2021-12-28
52wk Low64.5352wk Low Date2021-07-19
Year End Close32.59Average Volume3,303,872
Shares Outstanding554,871Short Interest17,589,916
% Institutional99.5Market Cap22,714M
Assets162,150,000MLiabilities105,121,000M
P/E Ratio128.6435Beta1.08
Volatility48.74
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