pretickt

Why is MCHP stock moving?

Microchip Technology Incorporated · end-of-day data as of Oct 16, 2026

Microchip Technology Incorporated
MCHP · $40.1B
$73.85-5.8%last 60 sessions · close Oct 16, 2026
$47.78$102.1052 weeks
Buy · 26 analystsPT $104.75 +41.8%
  • P/E vs own-44.7%
  • P/E vs sector+206.7%
  • Target upside+41.8%
  • Off 52w high-27.7%
  • Insiders-$377K
  • FCF yield+2.8%
  • Earnings in20d
  • Trendbearish
  • Sector▲ +1.1%
  • RSI45
  • MA20×50Golden 7d ago
  • Volume2.1x
  • Support-0.3%
  • Resistance+7.2%

The move, split

Microchip Technology Incorporated (MCHP) fell 0.6% on Oct 16, 2026.

The market (SPY) fell 1.1%; Technology stocks fell 3.3%. Most of the move is specific to MCHP.

Market (SPY)-1.1%
Technology sector-2.2%
MCHP specific+2.8%

2 stories on the day (30-day average 0.8).

Market = SPY. Sector = equal-weight average of the tracked companies in the same sector, net of the market.

Context

  • News
  • Volume2.1x
  • Off 52w high-27.7%
  • Sector▲ +1.1%
  • Earnings in20d

Latest news

Sentiment classified by AI from the headline (green positive, red negative). Links open the publisher.