MCHP
Microchip Technology Incorporat · Technology · Semiconductors
TECHBuyZACKSHold
R500#19 today
$81.32
+3.59% today · +3.34% 1W
Oct 2 close or latest
PreviewWhy it's moving
Outperforming without a clear catalyst yet
- MCHP +3.59% on the last session vs SPY +0.74%: +2.9 pts of stock-specific move.
- Aftermath, crossed below 200-day avg (Sep 30): After its 12 crosses below the 200-day average in the past 5 years, MCHP typically gained 2.0% over the next day (median) and was higher 83% of the time; half the outcomes fell between +0.8% and +2.2%. An ordinary day: +0.0%. Among S&P 500 stocks after crosses below the 200-day average, that ranks #2 of 497.
- Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.
Assembled from Wallsti's own signals.
No analyst coverage on record for MCHP. Coverage is collected daily for the stocks discussed on Reddit.
Rating and target changes
No rating changes in the past year.
Source: Yahoo Finance analyst data, collected daily.