By DividendChannel.com In trading on Wednesday, shares of Microchip Technology, Inc. (NASD: MCHP) crossed above their 200 day moving average of $33.07, changing hands as high as $33.65 per share. Microchip Technology, Inc. shares are currently trading up about 2.9% on the day. The chart below shows the one year performance of MCHP shares, versus its 200 day moving average:
Source: FULL ARTICLE at Forbes Markets