REPORTING FOR 2019-11-20 | 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 ($MCHP) opened at 93.14, reaching a high of 93.47 and a low of 91.5 before closing at a price of 92.64. There was a total volume of 2336535.
VOLUME INDICATORS FOR MICROCHIP TECHNOLOGY INCORPORATED ($MCHP): We saw an accumulation-distribution index of 1883.98708, an on-balance volume of 92.43, chaikin money flow of 10.93939 and a force index of 5.1156. There was an ease of movement rating of -0.00451, a volume-price trend of 0.57804 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR MICROCHIP TECHNOLOGY INCORPORATED ($MCHP): We noted an average true range of 1.5853, bolinger bands of 92.93566, an upper bollinger band of 90.81434, lower bollinger band of 91.5, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 92.70333, high band keltner channel of 92.37333, low band keltner channel of 93.03333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 91.5, a donchian channel low band of 91.5, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR MICROCHIP TECHNOLOGY INCORPORATED ($MCHP): We calculated a Moving Average Convergence Divergence (MACD) of 0.01683, a MACD signal of 0.00935, a MACD difference of 0.00748, a fast Exponential Moving Average (EMA) indicator of 91.5, a slow Exponential Moving Average (EMA) indicator of 91.5, 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 0.23732, a trix of 0.00145, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -0.55187, a KST Oscillator (KST) of 6.06792 and a KST Oscillator (KST Signal) of 6.06792 (leaving a KST difference of 2.06161). We also found an Ichimoku rating of 93.305, an Ichimoku B rating of 93.305, a Ichimoku visual trend A of 93.16386, an Ichimoku visual trend B of 93.88865, 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 ($MCHP): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 25.17791, a stochastic oscillator of 596.9697, a stochastic oscillator signal of 596.9697, a Williams %R rating of 496.9697 and an awesome oscillator of 0.188.
RETURNS FOR MICROCHIP TECHNOLOGY INCORPORATED ($MCHP): There was a daily return of 0.60679, a daily log return of 0.81633 and a cumulative return of 0.81967.
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 2019-11-20 (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.