MICROCHIP TECHNOLOGY INC (MCHP)
US5950171042 - Common Stock
We assign a technical rating of 0 out of 10 to MCHP. MCHP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
91% of all other stocks performed better in the past year than MCHP.
MCHP is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry, of which 85% are performing better than MCHP.
MCHP is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so MCHP is lagging the market.
In the last month MCHP has a been trading in the 55.27 - 71.10 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
MCHP has an average volume of 7648470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of MCHP is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
54.95
81.40
4 important resistance areas can be observed.
- A resistance zone ranging from 61.93 to 62.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @64.99 from a trend line in the daily time frame.
- Resistance @71.02 from a trend line in the daily time frame.
- Resistance @80.59 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.64
Mansfield-3.93
10 Day High62.7
10 Day Low55.27
20 Day High71.1
20 Day Low55.27
52 Week High100.57
52 Week Low55.27
Performance
1 Week-7.38%
2 Weeks-6.38%
1 Month-16.54%
3 Month-27.92%
6 Month-39.39%
12 Month-38.45%
2 Year-20.98%
3 Year-36.24%
5 Year6.02%
10 Year146.11%
15 Year282.17%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.39
RSI(14)28.1
LBB54.37
UBB65.11
MICROCHIP TECHNOLOGY INC
NASDAQ:MCHP (12/20/2024, 8:23:44 PM)
After market: 55.62 +0.11 (+0.2%)55.51
-0.48 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.86%
1 Week-7.38%
2 Weeks-6.38%
1 Month-16.54%
3 Month-27.92%
6 Month-39.39%
12 Month-38.45%
2 Year-20.98%
3 Year-36.24%
5 Year6.02%
10 Year146.11%
15 Year282.17%
Volatility
ATR(14)2.6
ATR(20)%4.75%
ATR Inc-32.72%
Range Today1.8
ADR(20)2.54
ADR(20)%4.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.64
Mansfield-3.93
10 Day High62.7
10 Day Low55.27
20 Day High71.1
20 Day Low55.27
52 Week High100.57
52 Week Low55.27
CS1 EndN/A
CR1 Start61.93
Volume & EV
DER(3)-3.14%
DER(5)-1.43%
Volume27.17M
Volume Incr55.23%
Vol(5)13.24M
Vol(50)7.65M