BIT:1MCHP - Euronext Milan - US5950171042 - Common Stock - Currency: EUR
We assign a technical rating of 3 out of 10 to 1MCHP. 1MCHP performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of 1MCHP is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
55.12
When analyzing the resistance we notice one important area.
BIT:1MCHP (3/4/2025, 7:00:00 PM)
55.68
+4.58 (+8.96%)