In trading on Wednesday, shares of Microchip Technology Inc (Symbol: MCHP) crossed below their 200 day moving average of $81.98, changing hands as low as $81.15 per share. Microchip Technology Inc shares are currently trading down about 3.4% on the day. The chart below shows the one year performance of MCHP shares, versus its 200 day moving average:
Looking at the chart above, MCHP's low point in its 52 week range is $60.70 per share, with $104.20 as the 52 week high point — that compares with a last trade of $81.37.
Click here to find out which 9 other stocks recently crossed below their 200 day moving average »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
