Trading Signals: MCHP Stock Price Prediction and Forecast

^ MCHP: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Tue. Jul. 18, 2023

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

(Microchip Technology Inc)
MCHP latest price $93.3600 (1.12%) ($93.3600 - $93.5100) on Tue. Jul. 18, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.27% (three month average)
RSI   64
Latest Price   $93.3600(1.12%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MCHP advances 1.1% a day on average for past five trading days.
Weekly Trend   MCHP advances 2.2% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support MCHP advance at 0% a week (0% probability)
SMH(92%)    XLK(83%)    QQQ(81%)    IVW(79%)    SPY(74%)
Factors Impacting MCHP price   MCHP will decline at least -1.135% in a week (0% probabilities).
VXX(-55%)    VIXM(-52%)    UUP(-23%)    TBT(-9%)    UNG(6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.135% (StdDev 2.27%)
Hourly BBV 1.8 ()
Intraday Trend 0%

5 Day Moving Average   $91.77(1.73%)
10 Day Moving Average   $89.9(3.85%)
20 Day Moving Average   $87.89(6.22%)
To recent high   0%
To recent low   30.2%
Market Cap   $23.569b

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 3.77% (three month std-dev: 2.27%) daily (68% of days).

Sample size 50 Average positive next day return: 1.19%(54%) Average negative next day return: -1.42%(46%) Sample size 50 Average positive next three day return: 2.55%(42%) Average negative next three day return: -2.53%(58%) Sample size 50 Average positive next weekly return: 2.91%(46%) Average negative next weekly return: -2.71%(54%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230818

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	Jul_18_2023	80.73	87.89	89.9	91.77	91.98	92.86	93.36(1.12%)	UT	OpenLong	75	0.5	65	70	59	82	2.29	63%	0.16	62.3	2.27%	1.8	1.7	64	1.9
2	Jul_17_2023	80.6	87.49	89.58	90.77	91.37	90.99	92.33(2.99%)	UT	OpenLong	75	0.5	31	-10	18	71	2.55	63%	0.16	65.3	2.26%	1.3	1.6	69	1.4
3	Jul_14_2023	80.47	87.13	89.31	90.04	90.39	91.09	89.65(-3.11%)	UD	OpenLong	65	-0.1	15	70	-5	73	2.65	62%	0.11	70.7	2.24%	-2.2	0.9	68	1.2
4	Jul_13_2023	80.38	86.92	89.06	89.43	90.14	91.75	92.53(1.71%)	UT	OpenLong	75	1.1	87	150	79	110	2.62	64%	0.17	79.7	2.21%	1.4	2	71	1
5	Jul_12_2023	80.24	86.42	88.39	88.29	88.66	89.68	90.97(2.92%)	UT	OpenLong	75	1	56	90	45	87	2.83	64%	0.12	89.4	2.2%	1.4	1.7	70	1.1

6	Jul_11_2023	80.14	85.87	87.96	87.78	87.67	88.53	88.39(-0.32%)	UD	OpenLong	75	0.3	29	60	14	75	2.34	63%	0.11	98.6	2.19%	0.3	1.1	60	-0.3
7	Jul_10_2023	80.05	85.5	87.48	88.24	87.77	87.63	88.68(2.4%)	UT	OpenLong	75	0.2	26	-30	9	75	5.17	64%	0.08	110.5	2.19%	1.8	1.3	57	-0.5
8	Jul_7_2023	79.99	85.12	86.87	88.51	88.26	86.81	86.6(-0.23%)	N/A	N/A	0	-0.7	-15	-120	-38	54	4.73	63%	0.03	114.2	2.18%	-0.3	0.5	54	-0.3
9	Jul_6_2023	79.97	84.69	86.56	88.58	89.12	87.91	86.8(-1.87%)	N/A	N/A	0	-0.6	-17	-80	-39	49	3.53	63%	0.01	110	2.2%	-1.1	0.7	53	-0.6
10	Jul_5_2023	79.96	84.15	86.2	88.41	89.13	89.72	88.45(-2.43%)	UD	OpenLong	65	0	15	70	-1	63	3.65	61%	-0.01	100	2.19%	-0.3	1.4	65	0.9

11	Jul_3_2023	79.97	83.59	85.79	88.1	88.42	90.34	90.66(0.71%)	UT	HoldLong	65	0.7	78	160	70	102	2.49	63%	0.1	81.9	2.18%	0	1.9	76	1.2
12	Jun_30_2023	79.89	82.89	85.25	86.61	87.49	88.53	90.02(3.5%)	UT	OpenLong	75	0.9	91	110	88	99	3.48	64%	0.08	77	2.17%	1.7	1.9	72	1
13	Jun_29_2023	79.83	82.15	84.72	85.03	85.78	86.5	86.98(1.2%)	UT	OpenLong	75	0.6	35	90	27	60	2.31	64%	0.03	64.7	2.14%	1.1	1.4	67	1
14	Jun_28_2023	79.81	81.63	84.55	84.26	84.56	86.45	85.95(-1.1%)	UD	OpenLong	75	0.5	57	170	49	79	2.46	64%	-0.01	53.1	2.2%	0.8	1.2	73	1.2
15	Jun_27_2023	79.82	81.24	84.24	83.66	83.77	85.06	86.91(4.5%)	UT	HoldLong	65	0.9	81	110	74	103	2.88	64%	0.04	49.5	2.19%	2.2	1.5	79	1.1

16	Jun_26_2023	79.79	80.6	83.55	83.18	82.77	82.66	83.17(1.24%)	UD	OpenLong	65	-0	13	-20	-7	74	2.36	62%	-0.03	42.8	2.14%	1	0.7	66	1
17	Jun_23_2023	79.81	80.15	83.34	83.71	83.1	82.49	82.15(-1.17%)	UD	OpenLong	65	-0.4	1	-70	-29	89	2.18	60%	-0.03	43.9	2.19%	-1.1	0.6	66	1.1
18	Jun_22_2023	79.83	79.92	83.25	84.36	84.02	82.89	83.12(0.19%)	UD	OpenLong	65	-0.3	5	-110	-34	120	3.25	58%	0.03	50.7	2.2%	-0.7	0.8	72	1.4
19	Jun_21_2023	79.81	79.71	82.75	84.86	84.74	83.72	82.96(-1.81%)	UD	OpenLong	65	-0.5	3	-90	-41	133	3.84	58%	0.08	56.9	2.22%	-1.2	0.8	66	1.3
20	Jun_20_2023	79.75	79.45	82.04	84.84	85.41	85.16	84.49(-1.57%)	UD	OpenLong	75	-0.1	38	-0	2	145	2.79	58%	0.14	63.4	2.21%	-0.8	1.3	63	1.2

21	Jun_16_2023	79.64	79.12	81.32	83.93	85	85.76	85.84(0.54%)	UT	OpenLong	75	0.5	64	100	34	154	3.47	58%	0.1	68.5	2.2%	0.8	1.8	73	1.6
22	Jun_15_2023	79.56	78.63	80.4	82.9	83.53	85.66	85.37(-0.3%)	UD	OpenLong	75	0.8	84	200	59	157	5.08	56%	0.16	71.2	2.21%	0	2.1	74	1.2
23	Jun_13_2023	79.43	78.04	79.37	82	82.29	84.25	85.63(3.34%)	UT	OpenLong	75	1.2	111	180	98	149	5.5	56%	0.13	73.3	2.23%	1.4	2.6	62	1.3
24	Jun_12_2023	79.33	77.49	78.42	80.37	81.1	81.4	82.86(3.67%)	UT	OpenLong	75	1	72	50	63	98	4.09	54%	0.11	73	2.19%	1.8	2.2	55	1.4
25	Jun_9_2023	79.24	77.03	77.91	78.84	79.6	80.33	79.93(-0.98%)	UD	OpenLong	75	0.5	22	90	12	50	2.46	50%		57.7	2.16%	-1.5	1.3	53	1.7
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

Click to see actual return for next trading day.