Microchip Technology Inc. (MCHP) is down -1.19%% today.
MCHP stock closed at $61.23 and is down -$0.73 during pre-market trading. Pre-market tends to be more volatile due to significantly lower volume as most investors only trade between standard trading hours. MCHP has a strong overall score of 75 meaning the stock holds a better value than 75% of stocks at its current price. InvestorsObserver’s overall ranking system is a comprehensive evaluation and considers both technical and fundamental factors when evaluating a stock. The overall score is a great starting point for investors that are beginning to evaluate a stock. MCHP gets a average Short-Term Technical score of 60 from InvestorsObserver’s proprietary ranking system. This means that the stock’s trading pattern over the last month have been neutral. Microchip Technology Inc. currently has the 59th highest Short-Term Technical score in the Semiconductors industry. The Short-Term Technical score evaluates a stock’s trading pattern over the past month and is most useful to short-term stock and option traders.
Microchip Technology Inc.’s Overall and Short-Term Technical score paint a strong picture for MCHP’s recent trading patterns and forecasted price. Click Here To Get The Full Report on Microchip Technology Inc. (MCHP)
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