Microchip (MCHP) Bounces Back on 0.38% Gain Despite Plunge in Volume to $410M, 266th in Market Activity

On September 22, 2025, , , ranking it 266th in market activity. The stock's performance followed a series of sector-specific developments, with mixed signals emerging from its business segments and competitive positioning.

Recent reports highlighted Microchip's strategic focus on expanding its analog and embedded processing product lines, aiming to capitalize on growing demand in automotive and industrial markets. Analysts noted that the company's R&D investments in 16-bit microcontroller innovation could position it to challenge dominant players in the mid-range semiconductor segment, though execution risks remain. , however, were flagged as a near-term headwind, with production delays reported at two of its key fabrication facilities in Texas.

The stock's muted volume contrasted with broader semiconductor sector volatility, as investors digested mixed guidance from peers. Microchip's in automotive applications were cited as a key strength, . However, .

To build this back-test accurately I need to be sure of a few practical details: Universe – should I screen all common stocks listed on US exchanges (NYSE + NASDAQ), or a different universe? Weighting – when the 500 names are selected each day, do you want them held: • equal-weighted, or • value-weighted by, say, market-cap or dollar volume? Prices – should we enter at that day’s close and exit at next day’s close (standard convention), or use open-to-open? Costs/slippage – assume zero for a pure signal test, or add an estimate? Any risk controls (stop-loss, max draw-down) you’d like applied, or just the raw 1-day hold? Once these are set I can generate the daily selection list, create the trading signals and run the back-test.