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Market Overview — Microchip Technology Inc. (MCHP) closed at $78.59 on February 13, 2026, reflecting a slight increase of 0.03% from the previous close but a 30-day decline of 1.92%. The stock is in a downtrend, with the 20-day moving average at 78.67, the 50-day and 200-day averages unavailable, and the price sitting just below the 20-day SMA. The RSI is neutral, indicating neither overbought nor oversold conditions. Key support is near $77.59, with resistance around $79.50 to $80.00. No imminent events are noted. For information only. Last Updated 2/13/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.