As of 24 of August Microchip Technology secures Mean Deviation of 1.84, Risk Adjusted Performance of 0.0248 and Downside Deviation of 2.69. In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Microchip Technology as well as the relationship between them. Strictly speaking you can use this information to find out if the firm will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for Microchip Technology which can be compared to its peers in the industry. Please verify Microchip Technology Variance as well as the relationship between Value At Risk and Skewness to decide if Microchip Technology Incorporat is priced some-what accurately providing market reflects its recent price of 89.02 per share. Given that Microchip Technology has Jensen Alpha of 0.2015, we recommend you check Microchip Technology last-minute market performance to make sure the company can sustain itself at future point.
Microchip Technology Incorporat current and past analyst recommendations published by number of research institutions as well as average analyst consensus
|Target Price||Advice||# of Analysts|
|Microchip Technology Analyst Advice|
|Horizon||30 Days Login to change|
Microchip Technology Technical Analysis
Microchip Technology Trend AnalysisUse this graph to draw trend lines for Microchip Technology Incorporat. You can use it to identify possible trend reversals for Microchip Technology as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Microchip Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Microchip Technology Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Microchip Technology Incorporat applied against its price change over selected period. The best fit line has a slop of 0.1 % which may suggest that Microchip Technology Incorporat market price will keep on failing further. It has 78 observation points and a regression sum of squares at 96.63, which is the sum of squared deviations for the predicted Microchip Technology price change compared to its average price change.
Microchip Technology August 24, 2019 Technical Indicators
|Risk Adjusted Performance||0.0248|
|Market Risk Adjusted Performance||0.0325|
|Coefficient Of Variation||5245.79|
|Total Risk Alpha||0.2882|
|Value At Risk||(3.86)|
|Expected Short fall||(1.81)|
Microchip Technology August 24, 2019 Daily Price Condition
|Daily Balance Of Power||2.66|
|Rate Of Daily Change||1.05|
|Day Median Price||89.23|
|Day Typical Price||89.16|
|Price Action Indicator||2.00|