US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

MCHP 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $75.51 and stabilize above resistance $83.4.

Invalidation Trigger

Break above $83.4 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 46.7, MACD -0.153

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $3.01 (4.05%)

Daily

EMA Structure

Bearish
EMA 8$75.11Bearish
EMA 21$75.51Bearish
EMA 50$76.48Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.7 · MACD -0.153

Neutral zone

Strength
Bearish
Volatility
ATR $3.01 · BB 14.16%

Medium volatility

Strength
Range
Volume
MFI 46.7 · OBV -0.47%

Relative to 20-period average volume

Strength
Range
Price Levels
$68.75 - $83.4

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+16.14% · 4.0 ATR above latest close

$86.41
Nearest resistance

+12.09% · 3.0 ATR above · 34-bar high

$83.4
Current price

Price shown is delayed

$74.4
Nearest support

-7.59% · 1.9 ATR below · 34-bar low

$68.75
Deeper support zone

-11.65% · 2.9 ATR below latest close

$65.74
ATR zone

Latest close ± ATR14

$71.39 - $77.41

Indicators

Trend

Dow Theory Structure

Confirmation $69.76, invalidation $77.74

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

Trend strength is active

22.9 / 12.2 / 32.9Bearish
Supertrend (10,3)

Price is above Supertrend

$65.72Bullish
Ichimoku Cloud

Cloud Span A / Span B

$75.16 / $76.25Bearish
Donchian Channel (20)

20-period breakout channel position

34%Range

Volatility

ATR (14)

Medium volatility

$3.01 (4.05%)Range
Bollinger Bands (20,2)

Width 14.16%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$81.4 / $69.59Range
ATR channel lower / upper

Current Volatility Envelope

$71.39 / $77.41Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$83.4Range
Support

Nearest Downside Decision Level

$68.75Range

Momentum

RSI (14)

Neutral zone

46.7Range
MACD (12,26,9)

Histogram is negative

-0.153Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.3 / 42.5Bearish
Williams %R (14)

Neutral zone

-63.7Range
CCI (20)

Balanced zone

-55.4Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.7Range
OBV slope

20-period OBV slope

-0.47%Bearish
Volume ratio

Relative to 20-period average volume

0.13xBearish

Trend

Dow Theory Structure

Confirmation $69.76, invalidation $77.74

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

Trend strength is active

22.9 / 12.2 / 32.9Bearish
Supertrend (10,3)

Price is above Supertrend

$65.72Bullish
Ichimoku Cloud

Cloud Span A / Span B

$75.16 / $76.25Bearish
Donchian Channel (20)

20-period breakout channel position

34%Range

Momentum

RSI (14)

Neutral zone

46.7Range
MACD (12,26,9)

Histogram is negative

-0.153Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.3 / 42.5Bearish
Williams %R (14)

Neutral zone

-63.7Range
CCI (20)

Balanced zone

-55.4Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$3.01 (4.05%)Range
Bollinger Bands (20,2)

Width 14.16%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$81.4 / $69.59Range
ATR channel lower / upper

Current Volatility Envelope

$71.39 / $77.41Range

Volume / Money Flow

MFI (14)

Money flow is neutral

46.7Range
OBV slope

20-period OBV slope

-0.47%Bearish
Volume ratio

Relative to 20-period average volume

0.13xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$83.4Range
Support

Nearest Downside Decision Level

$68.75Range

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