Microchip Technology $MCHP stock has a Hull Moving AverageThe Hull Moving Average (HMA) is a technical analysis indicator developed by Alan Hull, a finance and investment analyst, to reduce the lag associated with traditional moving avera... buy signal as the stock trades within an uptrend channelUptrend and downtrend channel patterns are technical analysis tools used to identify potential future price movements. They are formed by two parallel lines on a chart and can be u.... The Hull Moving Average cycled from pink to cyan on the chart below.

Microchip announces industrial-grade SPE products
On March 7, 2023, Microchip Technology unveiled new industrial-grade SPE products that will help realize the promise of SPE. These products range from 10BASE-T1S MAC-PHYs, which make it easier to connect edge IIoT devices to the cloud, to industrial versions of its 100BASE-T1 Time Sensitive Networking Ethernet PHY transceivers and switches, which enable faster applications across extensive Ethernet networks.
“Microchip is helping to fuel the adoption of zonal architectures in industrial applications with our new MAC-PHYs that connect to many of Microchip’s microcontrollers (MCUs) to reduce the design complexity and implementation costs for bringing a host of sensors, actuators and other products into the new 10BASE-T1S network infrastructure,” said Matthias Kaestner, vice president at Microchip. “With these new 10BASE-T1S MAC-PHYs and industrial versions of our 100BASE-T1 TSN products, we are making it easier to connect the physical world to the cloud while enabling a seamless Ethernet architecture throughout the IIoT and other industrial networks.”