Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MCHP
The long-term trend has been UP since Aug 27th, 2021 at 159.680
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 81.410
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
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 High | 104.2 | Year High Date | 2018-06-08 |
| Year Low | 60.7 | Year Low Date | 2018-10-26 |
| 52wk High | 90 | 52wk High Date | 2021-12-28 |
| 52wk Low | 64.53 | 52wk Low Date | 2021-07-19 |
| Year End Close | 32.59 | Average Volume | 3,303,872 |
| Shares Outstanding | 554,871 | Short Interest | 17,589,916 |
| % Institutional | 99.5 | Market Cap | 22,714M |
| Assets | 162,150,000M | Liabilities | 105,121,000M |
| P/E Ratio | 128.6435 | Beta | 1.08 |
| Volatility | 48.74 |
Get a free daily analysis and signals for Microchip Technology Incorporated (MCHP) - Request Your Free Report.