US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

1 dayBearish84%
Daily Downside probability 84%Bearish

MCHP 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $89.51 and stabilize above resistance $104.03.

Invalidation Trigger

Break above $104.03 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 46.0, MACD -0.415

Daily
Volatility EnvironmentBearish
High volatility

ATR is $4.55 (5.21%)

Daily

EMA Structure

Range
EMA 8$87.33Bearish
EMA 21$89.51Bearish
EMA 50$89.37Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.0 · MACD -0.415

Neutral zone

Strength
Bearish
Volatility
ATR $4.55 · BB 23.26%

High volatility

Strength
Bearish
Volume
MFI 33.3 · OBV -40.10%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$81.6 - $104.03

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+24.53% · 4.7 ATR above latest close

$108.58
Nearest resistance

+19.31% · 3.7 ATR above · 34-bar high

$104.03
Current price

Price shown is delayed

$87.19
Nearest support

-6.41% · 1.2 ATR below · 34-bar low

$81.6
Deeper support zone

-11.62% · 2.2 ATR below latest close

$77.05
ATR zone

Latest close ± ATR14

$82.64 - $91.74

Indicators

Trend

Dow Theory Structure

Confirmation $81.6, invalidation $90.85

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

22.4 / 25.1 / 35.0Bearish
Supertrend (10,3)

Price is above Supertrend

$74.52Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.66 / $93.76Bearish
Donchian Channel (20)

20-period breakout channel position

25%Bearish

Volatility

ATR (14)

High volatility

$4.55 (5.21%)Bearish
Bollinger Bands (20,2)

Width 23.26%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$98 / $80.79Bearish
ATR channel lower / upper

Current Volatility Envelope

$82.64 / $91.74Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$104.03Range
Support

Nearest Downside Decision Level

$81.6Range

Momentum

RSI (14)

Neutral zone

46.0Range
MACD (12,26,9)

Histogram is negative

-0.415Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.8 / 30.1Bullish
Williams %R (14)

Neutral zone

-64.2Range
CCI (20)

Balanced zone

-55.5Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

33.3Bearish
OBV slope

20-period OBV slope

-40.10%Bearish
Volume ratio

Relative to 20-period average volume

0.55xBearish

Trend

Dow Theory Structure

Confirmation $81.6, invalidation $90.85

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

22.4 / 25.1 / 35.0Bearish
Supertrend (10,3)

Price is above Supertrend

$74.52Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.66 / $93.76Bearish
Donchian Channel (20)

20-period breakout channel position

25%Bearish

Momentum

RSI (14)

Neutral zone

46.0Range
MACD (12,26,9)

Histogram is negative

-0.415Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.8 / 30.1Bullish
Williams %R (14)

Neutral zone

-64.2Range
CCI (20)

Balanced zone

-55.5Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$4.55 (5.21%)Bearish
Bollinger Bands (20,2)

Width 23.26%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$98 / $80.79Bearish
ATR channel lower / upper

Current Volatility Envelope

$82.64 / $91.74Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

33.3Bearish
OBV slope

20-period OBV slope

-40.10%Bearish
Volume ratio

Relative to 20-period average volume

0.55xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$104.03Range
Support

Nearest Downside Decision Level

$81.6Range

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