US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

1 dayBearish63%
Daily Downside probability 63%Bearish

MCHP 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $78.82 and stabilize above resistance $90.85.

Invalidation Trigger

Break above $90.85 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 43.5, MACD 0.052

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $3.54 (4.65%)

Daily

EMA Structure

Bearish
EMA 8$77.25Bearish
EMA 21$78.82Bearish
EMA 50$81.95Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.5 · MACD 0.052

Momentum is weak

Strength
Bearish
Volatility
ATR $3.54 · BB 17.11%

Medium volatility

Strength
Range
Volume
MFI 33.4 · OBV -31.98%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$71.24 - $90.85

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+24.06% · 5.2 ATR above latest close

$94.39
Nearest resistance

+19.41% · 4.2 ATR above · 34-bar high

$90.85
Current price

Price shown is delayed

$76.08
Nearest support

-6.37% · 1.4 ATR below · 34-bar low

$71.24
Deeper support zone

-11.02% · 2.4 ATR below latest close

$67.7
ATR zone

Latest close ± ATR14

$72.54 - $79.62

Indicators

Trend

Dow Theory Structure

Confirmation $80.72, invalidation $75.65

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

9.2 / 18.2 / 31.7Bearish
Supertrend (10,3)

Price is above Supertrend

$67.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$79 / $87.63Bearish
Donchian Channel (20)

20-period breakout channel position

33%Bearish

Volatility

ATR (14)

Medium volatility

$3.54 (4.65%)Range
Bollinger Bands (20,2)

Width 17.11%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$84.08 / $73.3Range
ATR channel lower / upper

Current Volatility Envelope

$72.54 / $79.62Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$90.85Range
Support

Nearest Downside Decision Level

$71.24Range

Momentum

RSI (14)

Momentum is weak

43.5Bearish
MACD (12,26,9)

Histogram is positive

0.052Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.8 / 17.6Bearish
Williams %R (14)

Oversold zone

-84.2Bullish
CCI (20)

Balanced zone

-50.2Range
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

33.4Bearish
OBV slope

20-period OBV slope

-31.98%Bearish
Volume ratio

Relative to 20-period average volume

0.50xBearish

Trend

Dow Theory Structure

Confirmation $80.72, invalidation $75.65

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

9.2 / 18.2 / 31.7Bearish
Supertrend (10,3)

Price is above Supertrend

$67.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$79 / $87.63Bearish
Donchian Channel (20)

20-period breakout channel position

33%Bearish

Momentum

RSI (14)

Momentum is weak

43.5Bearish
MACD (12,26,9)

Histogram is positive

0.052Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.8 / 17.6Bearish
Williams %R (14)

Oversold zone

-84.2Bullish
CCI (20)

Balanced zone

-50.2Range
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

Medium volatility

$3.54 (4.65%)Range
Bollinger Bands (20,2)

Width 17.11%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$84.08 / $73.3Range
ATR channel lower / upper

Current Volatility Envelope

$72.54 / $79.62Range

Volume / Money Flow

MFI (14)

Money flow is weak

33.4Bearish
OBV slope

20-period OBV slope

-31.98%Bearish
Volume ratio

Relative to 20-period average volume

0.50xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$90.85Range
Support

Nearest Downside Decision Level

$71.24Range

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