Trading Signals: MCHP Stock Price Prediction and Forecast

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Mon. Jun. 8, 2020

Trading Signals: MCHP Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Wed. Sep. 27, 2023)

(Microchip Technology Inc)
MCHP latest price $108.4900 (-1.38%) ($106.4600 - $111.6200) on Mon. Jun. 8, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   6.5% (three month average)
RSI   75
Latest Price   $108.4900(-1.38%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MCHP advances 2.5% a day on average for past five trading days.
Weekly Trend   MCHP advances 9.6% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support MCHP advance at 0% a week (0% probability)
FIVG(66%)    IDRV(60%)    QQQ(60%)    IVW(59%)    IWF(59%)
Factors Impacting MCHP price   MCHP will decline at least -3.25% in a week (0% probabilities).
VIXM(-36%)    UUP(-21%)    VXX(-15%)    TLT(-3%)    TBT(2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.25% (StdDev 6.5%)
Hourly BBV -0.9 ()
Intraday Trend 0%

5 Day Moving Average   $106.13(2.22%)
10 Day Moving Average   $101.2(7.2%)
20 Day Moving Average   $94.5(14.8%)
To recent high   -1.4%
To recent low   94.5%
Market Cap   $27.388b

Microchip Technology, Inc. engages in the provision of semiconductor products. It operates through the Semiconductor Products and Technology Licensing segments. The Semiconductor Products segment involves in the designing, developing, manufacturing, and marketing microcontrollers, development tools and analog, interface, mixed signal, connectivity devices, and timing products. The Technology Licensing segment offers license fees and royalties associated with technology licenses for the use of SuperFlash embedded flash and Smartbits one time programmable technologies. The company was founded on February 14, 1989 and is headquartered in Chandler, AZ.

$. MCHP price fluctuates within 8.81% (three month std-dev: 6.5%) daily (68% of days).

Sample size 12 Average positive next day return: 3.52%(25%) Average negative next day return: -2.01%(75%) Sample size 12 Average positive next three day return: 4.25%(33%) Average negative next three day return: -6.38%(67%) Sample size 12 Average positive next weekly return: 7.25%(25%) Average negative next weekly return: -5.32%(75%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200708

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jun_8_2020	88.15	94.5	101.2	106.13	108.73	109.87	108.49(-1.38%)	UD	OpenLong	75	0.3	43	150	25	98	3.45	56%	-0.01	70.7	6.5%	-0.9	1.7	75	1.6
2	Jun_5_2020	88.16	93.5	99.17	103.58	105.98	109.3	110.01(2.92%)	UT	HoldLong	65	0.8	54	290	40	96	3.94	55%	0.01	72.6	6.51%	0.7	2.1	81	2
3	Jun_4_2020	88.15	92.21	96.91	100.79	102.01	107.61	106.89(-1.73%)	UD	OpenLong	75	0.9	66	420	57	91	3.83	55%	0	68.6	6.54%	0.4	2.2	75	1.6
4	Jun_3_2020	88.15	91.02	95.29	98.51	99.35	102.68	108.77(12.71%)	UT	HoldLong	65	1.7	74	260	68	92	8.72	54%	-0.02	59.6	6.55%	1.6	2.9	78	1.7
5	Jun_2_2020	88.17	89.69	93.13	96.1	96.6	96.4	96.5(0.81%)	UT	OpenLong	75	0.1	18	0	5	58	3.5	52%	-0.17	59.6	6.41%	0.3	1.5	66	1.3

6	Jun_1_2020	88.32	88.96	92.38	95.57	96.44	96.02	95.72(-0.4%)	UD	OpenLong	75	0	15	-0	1	55	2.46	52%	-0.18	54.3	6.44%	-0.7	1.5	61	1
7	May_29_2020	88.48	88.24	91.21	93.98	96.08	96.8	96.1(0.68%)	UT	OpenLong	75	0.5	23	120	15	46	7.17	52%	-0.16	44.5	6.49%	0.8	1.7	58	1.3
8	May_28_2020	88.62	87.78	90.18	92.31	93.84	96.86	95.45(-1.33%)	UD	OpenLong	75	0.8	28	280	24	41	6.19	52%	-0.17	47.7	6.54%	0.3	1.8	63	0.9
9	May_27_2020	88.77	87.54	89.02	91.49	91.73	95.37	96.74(3.09%)	UT	OpenLong	75	1.3	47	290	47	46	10.55	51%	-0.16	61	6.54%	0.8	2.4	67	1.5
10	May_26_2020	88.91	87.02	87.88	89.78	90.4	90.82	93.84(6.93%)	UT	OpenLong	75	1.2	30	50	29	32	5.16	50%	-0.3	76.5	6.57%	1.4	2.1	65	1.3

11	May_22_2020	89.18	86.53	87.25	88.82	89.25	88.09	87.76(-0.02%)	N/A	N/A	0	-0.4	-6	-80	-13	16	1.8	47%	-0.22	86.6	6.45%	-0.9	0.4	61	1.2
12	May_21_2020	89.38	86.26	87.42	87.99	89.46	89.97	87.77(-3.91%)	UD	OpenLong	75	-0.1	10	90	4	27	2.56	46%	-0.02	72.7	6.51%	-2	0.5	62	1.1
13	May_20_2020	89.4	85.84	87.19	87.61	88.08	90.41	91.34(3.55%)	UT	OpenLong	75	1	27	200	25	31	4.06	46%	-0.15	66.4	6.5%	1.2	1.5	54	1.5
14	May_19_2020	89.53	85.22	86.43	86.14	86.21	88.96	88.21(-0.94%)	UD	OpenLong	75	0.5	29	230	33	18	2.01	47%	-0.2	50.3	6.48%	0.7	0.7	44	0.9
15	May_18_2020	89.71	84.59	85.96	85.69	84.83	85.74	89.05(6.56%)	UT	OpenLong	75	0.8	15	40	18	5	2.27	47%	-0.19	37.8	6.49%	1.7	1.1	52	1.4

16	May_15_2020	89.88	84.03	85.26	85.54	84.84	83.46	83.56(-2.72%)	DT	OpenShort	-75	-0.5	-13	-140	-14	-11	2.53	45%	-0.26	35.8	6.44%	-0.4	-0.1	50	1
17	May_14_2020	90.11	83.89	85.1	86.8	86.17	83.93	85.9(2.31%)	DP	OpenShort	-75	-0.2	-19	-200	-23	-8	2.34	45%	-0.04	44.9	6.49%	-0.2	0.5	57	0.8
18	May_13_2020	90.15	83.5	85.25	86.68	87.43	86.23	83.96(-2.37%)	CR	SmallShort	-20	-0.6	-14	-70	-19	2	2.23	45%	-0.24	41.9	6.48%	-1.8	0.1	60	0.1
19	May_12_2020	90.37	83.25	86.01	86.66	87.88	88.42	86(-2.6%)	UD	OpenLong	75	-0.1	10	90	5	25	1.88	45%	-0.22	47.8	6.47%	-1.8	0.6	62	1.2
20	May_11_2020	90.57	83.04	86.13	86.17	86.91	88.63	88.3(-1.69%)	UD	OpenLong	75	0.5	25	160	19	41	1.97	45%	-0.19	53.6	6.47%	0.7	1.2	70	2.3

21	May_8_2020	90.74	82.58	85.76	84.9	85.88	87.35	89.82(5.26%)	UT	OpenLong	75	1.1	36	150	32	46	3.38	45%	-0.14	63.5	6.42%	1.7	1.7	66	2
22	May_7_2020	90.87	82	84.96	83.23	84.01	85.19	85.33(1.75%)	UT	OpenLong	75	0.5	13	130	8	28	2.92	44%	-0.19	72.1	6.43%	1.5	0.8	58	1.4
23	May_6_2020	91.04	81.7	84.36	83.7	83.13	84.42	83.86(0.4%)	UT	OpenLong	75	0	9	90	2	31	1.46	44%	-0.22	98.2	6.43%	0.3	0.5	60	0.8
24	May_5_2020	91.24	81.2	83.93	85.35	84.08	82.82	83.53(1.9%)	UD	OpenLong	65	-0.4	8	-150	-3	42	2.19	46%	-0.22	109.4	6.43%	0.7	0.5	58	1.1
25	May_4_2020	91.44	80.74	83.16	86.11	85.71	81.84	81.97(0.63%)	N/A	N/A	0	-0.9	-20	-330	-36	27	2.28	47%		116.3	6.49%	-0.8	0.3	51	0.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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