REPORTING FOR 2019-11-11 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how MCHP has been trading over the last 2 weeks and the past day especially. On its latest session, Microchip Technology Incorporated ($MCHP) opened at 94.21, reaching a high of 96.47 and a low of 93.79 before closing at a price of 96.21. There was a total volume of 1669622.
VOLUME INDICATORS FOR MICROCHIP TECHNOLOGY INCORPORATED ($MCHP): We saw an accumulation-distribution index of 580.16147, an on-balance volume of 95.36, chaikin money flow of 1.37168 and a force index of 0.2832. There was an ease of movement rating of -0.00973, a volume-price trend of 3.57388 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR MICROCHIP TECHNOLOGY INCORPORATED ($MCHP): We noted an average true range of 1.57238, bolinger bands of 95.3788, an upper bollinger band of 93.0312, lower bollinger band of 93.79, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 94.82333, high band keltner channel of 92.56333, low band keltner channel of 97.08333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 93.79, a donchian channel low band of 93.79, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR MICROCHIP TECHNOLOGY INCORPORATED ($MCHP): We calculated a Moving Average Convergence Divergence (MACD) of 0.01862, a MACD signal of 0.01035, a MACD difference of 0.00828, a fast Exponential Moving Average (EMA) indicator of 93.79, a slow Exponential Moving Average (EMA) indicator of 93.79, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.1255, a trix of 2.30004, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -3.38047, a KST Oscillator (KST) of 37.39059 and a KST Oscillator (KST Signal) of 37.39059 (leaving a KST difference of 2.29511). We also found an Ichimoku rating of 95.34, an Ichimoku B rating of 95.34, a Ichimoku visual trend A of 93.06203, an Ichimoku visual trend B of 93.9113, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR MICROCHIP TECHNOLOGY INCORPORATED ($MCHP): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 88.94872, a stochastic oscillator of 118.58407, a stochastic oscillator signal of 118.58407, a Williams %R rating of 18.58407 and an awesome oscillator of 0.46467.
RETURNS FOR MICROCHIP TECHNOLOGY INCORPORATED ($MCHP): There was a daily return of 3.73906, a daily log return of 0.88106 and a cumulative return of 0.88496.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-11 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Microchip Technology Incorporated ($MCHP)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Microchip Technology Incorporated ($MCHP) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.