US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

1 dayBearish74%
Daily Downside probability 74%Bearish

MCHP 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $74.83 and stabilize above resistance $85.97.

Invalidation Trigger

Break above $85.97 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateRange
Momentum mixed

RSI 46.5, MACD 0.301

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $2.21 (2.98%)

Daily

EMA Structure

Bearish
EMA 8$73.6Bullish
EMA 21$74.83Bearish
EMA 50$78.28Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.5 · MACD 0.301

Neutral zone

Strength
Range
Volatility
ATR $2.21 · BB 10.87%

Medium volatility

Strength
Range
Volume
MFI 44.8 · OBV -18.71%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$70.45 - $85.97

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+18.84% · 6.3 ATR above latest close

$88.18
Nearest resistance

+15.86% · 5.3 ATR above · 34-bar high

$85.97
Current price

Price shown is delayed

$74.2
Nearest support

-5.05% · 1.7 ATR below · 34-bar low

$70.45
Deeper support zone

-8.03% · 2.7 ATR below latest close

$68.24
ATR zone

Latest close ± ATR14

$71.99 - $76.41

Indicators

Trend

Dow Theory Structure

Confirmation $74.86, invalidation $70.94

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

Trend strength is active

39.7 / 20.1 / 27.1Bearish
Supertrend (10,3)

Price is above Supertrend

$67.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$75.51 / $80.93Bearish
Donchian Channel (20)

20-period breakout channel position

37%Bearish

Volatility

ATR (14)

Medium volatility

$2.21 (2.98%)Range
Bollinger Bands (20,2)

Width 10.87%

46%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$79.21 / $70.21Range
ATR channel lower / upper

Current Volatility Envelope

$71.99 / $76.41Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$85.97Range
Support

Nearest Downside Decision Level

$70.45Range

Momentum

RSI (14)

Neutral zone

46.5Range
MACD (12,26,9)

Histogram is positive

0.301Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.1 / 54.5Bullish
Williams %R (14)

Neutral zone

-26.9Range
CCI (20)

Balanced zone

-23.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.8Bearish
OBV slope

20-period OBV slope

-18.71%Bearish
Volume ratio

Relative to 20-period average volume

1.43xBullish

Trend

Dow Theory Structure

Confirmation $74.86, invalidation $70.94

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

Trend strength is active

39.7 / 20.1 / 27.1Bearish
Supertrend (10,3)

Price is above Supertrend

$67.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$75.51 / $80.93Bearish
Donchian Channel (20)

20-period breakout channel position

37%Bearish

Momentum

RSI (14)

Neutral zone

46.5Range
MACD (12,26,9)

Histogram is positive

0.301Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.1 / 54.5Bullish
Williams %R (14)

Neutral zone

-26.9Range
CCI (20)

Balanced zone

-23.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$2.21 (2.98%)Range
Bollinger Bands (20,2)

Width 10.87%

46%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$79.21 / $70.21Range
ATR channel lower / upper

Current Volatility Envelope

$71.99 / $76.41Range

Volume / Money Flow

MFI (14)

Money flow is weak

44.8Bearish
OBV slope

20-period OBV slope

-18.71%Bearish
Volume ratio

Relative to 20-period average volume

1.43xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$85.97Range
Support

Nearest Downside Decision Level

$70.45Range

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