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 $80.4 and stabilize above resistance $104.03.

Invalidation Trigger

Break above $104.03 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 36.7, MACD -0.567

Daily
Volatility EnvironmentBearish
High volatility

ATR is $3.66 (5.01%)

Daily

EMA Structure

Bearish
EMA 8$75.96Bearish
EMA 21$80.4Bearish
EMA 50$84.41Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.7 · MACD -0.567

Momentum is weak

Strength
Bearish
Volatility
ATR $3.66 · BB 25.53%

High volatility

Strength
Bearish
Volume
MFI 35.7 · OBV -27.57%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$71.24 - $104.03

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+47.33% · 9.5 ATR above latest close

$107.69
Nearest resistance

+42.32% · 8.5 ATR above · 34-bar high

$104.03
Current price

Price shown is delayed

$73.1
Nearest support

-2.54% · 0.5 ATR below · 34-bar low

$71.24
Deeper support zone

-7.55% · 1.5 ATR below latest close

$67.58
ATR zone

Latest close ± ATR14

$69.44 - $76.76

Indicators

Trend

Dow Theory Structure

Confirmation $71.24, invalidation $77.67

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

Trend strength is active

40.4 / 10.7 / 37.6Bearish
Supertrend (10,3)

Price is above Supertrend

$62.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$79.47 / $87.63Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Volatility

ATR (14)

High volatility

$3.66 (5.01%)Bearish
Bollinger Bands (20,2)

Width 25.53%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$87.67 / $72.57Bearish
ATR channel lower / upper

Current Volatility Envelope

$69.44 / $76.76Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$104.03Range
Support

Nearest Downside Decision Level

$71.24Range

Momentum

RSI (14)

Momentum is weak

36.7Bearish
MACD (12,26,9)

Histogram is negative

-0.567Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.9 / 19.5Bearish
Williams %R (14)

Oversold zone

-87.1Bullish
CCI (20)

Weak expansion

-120.4Bearish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

35.7Bearish
OBV slope

20-period OBV slope

-27.57%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Trend

Dow Theory Structure

Confirmation $71.24, invalidation $77.67

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

Trend strength is active

40.4 / 10.7 / 37.6Bearish
Supertrend (10,3)

Price is above Supertrend

$62.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$79.47 / $87.63Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Momentum

RSI (14)

Momentum is weak

36.7Bearish
MACD (12,26,9)

Histogram is negative

-0.567Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.9 / 19.5Bearish
Williams %R (14)

Oversold zone

-87.1Bullish
CCI (20)

Weak expansion

-120.4Bearish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$3.66 (5.01%)Bearish
Bollinger Bands (20,2)

Width 25.53%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$87.67 / $72.57Bearish
ATR channel lower / upper

Current Volatility Envelope

$69.44 / $76.76Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

35.7Bearish
OBV slope

20-period OBV slope

-27.57%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$104.03Range
Support

Nearest Downside Decision Level

$71.24Range

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