Technical Analysis for MCHP - Microchip Technology Incorporated

Grade Last Price % Change Price Change
B 94.33 0.10% 0.09
MCHP closed up 0.1 percent on Friday, May 17, 2024, on 69 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Stochastic Reached Overbought Strength 0.10%
Overbought Stochastic Strength 0.10%
New 52 Week Closing High Bullish -1.08%
Gapped Up Strength -1.08%
Up 3 Days in a Row Strength -1.08%
Up 4 Days in a Row Strength -1.08%
New 52 Week Closing High Bullish 0.50%
Up 3 Days in a Row Strength 0.50%

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Profile

Microchip Technology Incorporated Description

Microchip Technology Incorporated engages in developing, manufacturing, and selling semiconductor products for embedded control applications. The company offers microcontrollers, such as 8-bit, 16-bit, and 32-bit microcontrollers under the PIC brand name, as well as 16-bit dsPIC digital signal controllers (DSC); and development tools that enable system designers to program a PIC microcontroller and dsPIC DSC for specific applications. It also provides analog, interface, and mixed signal products comprising power management, linear, mixed-signal, thermal management, RF Linear drivers, safety and security, USB, Ethernet, wireless, and interface products; and memory products consisting of serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, and serial SRAM memories for production of very small footprint devices. In addition, the company licenses its SuperFlash technology to foundries, integrated device manufacturers, and design partners for use in the manufacture of their advanced microcontroller products, gate array, RF, and analog products that require embedded flash; and provides engineering services. It serves automotive, communications, computing, consumer and industrial control markets. The company sells its products through a network of direct sales personnel and distributors in the Americas, Europe, and Asia. Microchip Technology Incorporated was founded in 1989 and is headquartered in Chandler, Arizona.


Classification

Sector: Technology
Industry: Semiconductors
Keywords: S&P 500 Computing Nasdaq 100 Semiconductor Engineering Services Ethernet Flash Power Management Device Manufacturers Usb Semiconductor Products Computer Architecture Microcontroller Thermal Management Memory Products Integrated Device Manufacturer Specific Applications Analog Products SRAM Interface Products Microchip Technology Print Devices

Is MCHP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 96.14
52 Week Low 68.025
Average Volume 5,213,038
200-Day Moving Average 83.57
50-Day Moving Average 89.42
20-Day Moving Average 91.61
10-Day Moving Average 93.11
Average True Range 2.30
RSI (14) 59.68
ADX 17.06
+DI 31.50
-DI 20.82
Chandelier Exit (Long, 3 ATRs) 89.23
Chandelier Exit (Short, 3 ATRs) 87.81
Upper Bollinger Bands 97.16
Lower Bollinger Band 86.05
Percent B (%b) 0.75
BandWidth 12.13
MACD Line 1.63
MACD Signal Line 1.36
MACD Histogram 0.2653
Fundamentals Value
Market Cap 50.97 Billion
Num Shares 540 Million
EPS 4.28
Price-to-Earnings (P/E) Ratio 22.04
Price-to-Sales 5.41
Price-to-Book 6.52
PEG Ratio 8.44
Dividend 1.59
Dividend Yield 1.69%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 96.04
Resistance 3 (R3) 95.95 95.28 95.76
Resistance 2 (R2) 95.28 94.85 95.33 95.66
Resistance 1 (R1) 94.81 94.58 94.48 94.90 95.56
Pivot Point 94.14 94.14 93.98 94.19 94.14
Support 1 (S1) 93.67 93.71 93.34 93.76 93.10
Support 2 (S2) 93.00 93.44 93.05 93.00
Support 3 (S3) 92.53 93.00 92.91
Support 4 (S4) 92.62