US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

1 dayBearish54%
Daily Downside probability 54%Bearish

MCHP 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $94.83 and stabilize above resistance $105.78.

Invalidation Trigger

Break above $105.78 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 49.1, MACD 0.068

Daily
Volatility EnvironmentBearish
High volatility

ATR is $5.55 (5.95%)

Daily

EMA Structure

Bullish
EMA 8$96.19Bearish
EMA 21$94.83Bearish
EMA 50$90.43Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.1 · MACD 0.068

Neutral zone

Strength
Bearish
Volatility
ATR $5.55 · BB 15.09%

High volatility

Strength
Bearish
Volume
MFI 41.4 · OBV -212.71%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$85.32 - $105.78

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+19.26% · 3.2 ATR above latest close

$111.33
Nearest resistance

+13.32% · 2.2 ATR above · 34-bar high

$105.78
Current price

Price shown is delayed

$93.35
Nearest support

-8.61% · 1.4 ATR below · 34-bar low

$85.32
Deeper support zone

-14.56% · 2.4 ATR below latest close

$79.76
ATR zone

Latest close ± ATR14

$87.8 - $98.9

Indicators

Trend

Dow Theory Structure

Confirmation $101.83, invalidation $93.95

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

7.8 / 18.7 / 31.0Bearish
Supertrend (10,3)

Price is above Supertrend

$78.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$94.13 / $87.66Bearish
Donchian Channel (20)

20-period breakout channel position

49%Range

Volatility

ATR (14)

High volatility

$5.55 (5.95%)Bearish
Bollinger Bands (20,2)

Width 15.09%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$106.3 / $83.58Bearish
ATR channel lower / upper

Current Volatility Envelope

$87.8 / $98.9Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.78Range
Support

Nearest Downside Decision Level

$85.32Range

Momentum

RSI (14)

Neutral zone

49.1Range
MACD (12,26,9)

Histogram is positive

0.068Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

48.7 / 78.0Bearish
Williams %R (14)

Neutral zone

-51.3Range
CCI (20)

Balanced zone

-14.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

41.4Bearish
OBV slope

20-period OBV slope

-212.71%Bearish
Volume ratio

Relative to 20-period average volume

1.48xBullish

Trend

Dow Theory Structure

Confirmation $101.83, invalidation $93.95

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

7.8 / 18.7 / 31.0Bearish
Supertrend (10,3)

Price is above Supertrend

$78.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$94.13 / $87.66Bearish
Donchian Channel (20)

20-period breakout channel position

49%Range

Momentum

RSI (14)

Neutral zone

49.1Range
MACD (12,26,9)

Histogram is positive

0.068Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

48.7 / 78.0Bearish
Williams %R (14)

Neutral zone

-51.3Range
CCI (20)

Balanced zone

-14.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$5.55 (5.95%)Bearish
Bollinger Bands (20,2)

Width 15.09%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$106.3 / $83.58Bearish
ATR channel lower / upper

Current Volatility Envelope

$87.8 / $98.9Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

41.4Bearish
OBV slope

20-period OBV slope

-212.71%Bearish
Volume ratio

Relative to 20-period average volume

1.48xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.78Range
Support

Nearest Downside Decision Level

$85.32Range

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