Is MCHP Worth Buying in 2026?

Microchip Technology Inc

STOCK SEMICONDUCTORS & RELATED DEVICES Updated 2026-08-23

Here’s whether Microchip Technology Inc (MCHP) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.

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Bearish

Positives: RSI 51 — healthy momentum range; strong 1-year return of +15.1%. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-3.32% over 10 days); 3-month momentum negative (-18.6%). Currently 28.2% off its 52-week high. Score: -3/7.

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MCHP is trading below its 200-day MA ($76.51) — a key warning sign the longer-term trend is under pressure. An RSI of 51.2 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +15.1% compares to +20.5% for SPY (trailed the market by 5.4%). The current 28.2% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.

$10,000 invested 1 year ago → $11,510 today
vs. S&P 500 (SPY) — same period trailed market by 5.4%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($76.51)
Above 50-day MA ($84.37)
RSI(14) neutral zone (30–70) — currently 51.2
Positive return (+15.1%)
!Within 10% of period high (−28.2%)
Period Range $76.08
$48.52 $105.91
RSI (14) 51.2
0 · OversoldOverbought · 100

Key Metrics

Price$76.08
Period Return+15.1%
Period High$105.91
Period Low$48.52
Drawdown−28.2%
MA-50$84.37
MA-200$76.51
RSI (14)51.2
Avg Volume (30d)10.6M
vs. SPYtrailed by 5.4%
Return Rank#441 of 999

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