US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

12 hoursBearish59%
12h Downside probability 59%Bearish

MCHP 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $87.93 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

12h
Momentum StateBullish
Momentum improving

RSI 46.7, MACD 0.329

12h
Volatility EnvironmentRange
Medium volatility

ATR is $2.97 (3.41%)

12h

EMA Structure

Bearish
EMA 8$86.83Bullish
EMA 21$87.93Bearish
EMA 50$90.21Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.7 · MACD 0.329

Neutral zone

Strength
Bullish
Volatility
ATR $2.97 · BB 9.74%

Medium volatility

Strength
Range
Volume
MFI 65.9 · OBV -19.02%

Relative to 20-period average volume

Strength
Range
Price Levels
$81.9 - $104.03

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+22.72% · 6.7 ATR above latest close

$107
Nearest resistance

+19.31% · 5.7 ATR above · 34-bar high

$104.03
Current price

Price shown is delayed

$87.19
Nearest support

-6.07% · 1.8 ATR below · 34-bar low

$81.9
Deeper support zone

-9.47% · 2.8 ATR below latest close

$78.93
ATR zone

Latest close ± ATR14

$84.22 - $90.16

Indicators

Trend

Dow Theory Structure

Confirmation $90.85, invalidation $83.88

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

Trend strength is active

32.1 / 26.9 / 20.4Bullish
Supertrend (10,3)

Price is above Supertrend

$79.39Bullish
Ichimoku Cloud

Cloud Span A / Span B

$88.07 / $92.97Bearish
Donchian Channel (20)

20-period breakout channel position

50%Bearish

Volatility

ATR (14)

Medium volatility

$2.97 (3.41%)Range
Bollinger Bands (20,2)

Width 9.74%

50%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$93.9 / $81.74Range
ATR channel lower / upper

Current Volatility Envelope

$84.22 / $90.16Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$104.03Range
Support

Nearest Downside Decision Level

$81.9Range

Momentum

RSI (14)

Neutral zone

46.7Range
MACD (12,26,9)

Histogram is positive

0.329Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.1 / 47.9Bullish
Williams %R (14)

Neutral zone

-40.9Range
CCI (20)

Balanced zone

32.9Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

65.9Bullish
OBV slope

20-period OBV slope

-19.02%Bearish
Volume ratio

Relative to 20-period average volume

1.71xBullish

Trend

Dow Theory Structure

Confirmation $90.85, invalidation $83.88

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

Trend strength is active

32.1 / 26.9 / 20.4Bullish
Supertrend (10,3)

Price is above Supertrend

$79.39Bullish
Ichimoku Cloud

Cloud Span A / Span B

$88.07 / $92.97Bearish
Donchian Channel (20)

20-period breakout channel position

50%Bearish

Momentum

RSI (14)

Neutral zone

46.7Range
MACD (12,26,9)

Histogram is positive

0.329Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.1 / 47.9Bullish
Williams %R (14)

Neutral zone

-40.9Range
CCI (20)

Balanced zone

32.9Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$2.97 (3.41%)Range
Bollinger Bands (20,2)

Width 9.74%

50%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$93.9 / $81.74Range
ATR channel lower / upper

Current Volatility Envelope

$84.22 / $90.16Range

Volume / Money Flow

MFI (14)

Money flow is strong

65.9Bullish
OBV slope

20-period OBV slope

-19.02%Bearish
Volume ratio

Relative to 20-period average volume

1.71xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$104.03Range
Support

Nearest Downside Decision Level

$81.9Range

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