US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

12 hoursRange50%
12h Range probability 100%Range

MCHP 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Break either side of $69.01 - $83.27 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateRange
Momentum mixed

RSI 46.1, MACD 0.136

12h
Volatility EnvironmentRange
Medium volatility

ATR is $2.41 (3.26%)

12h

EMA Structure

Bearish
EMA 8$75.09Bearish
EMA 21$75.2Bearish
EMA 50$75.57Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.1 · MACD 0.136

Neutral zone

Strength
Range
Volatility
ATR $2.41 · BB 10.25%

Medium volatility

Strength
Range
Volume
MFI 60.4 · OBV -5.28%

Relative to 20-period average volume

Strength
Range
Price Levels
$69.01 - $83.27

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+15.81% · 4.8 ATR above latest close

$85.68
Nearest resistance

+12.54% · 3.8 ATR above · 34-bar high

$83.27
Current price

Price shown is delayed

$73.99
Nearest support

-6.73% · 2.1 ATR below · 34-bar low

$69.01
Deeper support zone

-9.99% · 3.1 ATR below latest close

$66.6
ATR zone

Latest close ± ATR14

$71.58 - $76.4

Indicators

Trend

Dow Theory Structure

Confirmation $78.66, invalidation $73.06

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

Trend strength is active

28.7 / 27.2 / 17.0Bullish
Supertrend (10,3)

Price is above Supertrend

$67.99Bullish
Ichimoku Cloud

Cloud Span A / Span B

$75.43 / $76.14Bearish
Donchian Channel (20)

20-period breakout channel position

52%Range

Volatility

ATR (14)

Medium volatility

$2.41 (3.26%)Range
Bollinger Bands (20,2)

Width 10.25%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$79.57 / $70.79Range
ATR channel lower / upper

Current Volatility Envelope

$71.58 / $76.4Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$83.27Range
Support

Nearest Downside Decision Level

$69.01Range

Momentum

RSI (14)

Neutral zone

46.1Range
MACD (12,26,9)

Histogram is positive

0.136Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

51.6 / 59.2Bearish
Williams %R (14)

Neutral zone

-48.4Range
CCI (20)

Balanced zone

7.2Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.4Bullish
OBV slope

20-period OBV slope

-5.28%Bearish
Volume ratio

Relative to 20-period average volume

0.39xBearish

Trend

Dow Theory Structure

Confirmation $78.66, invalidation $73.06

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

Trend strength is active

28.7 / 27.2 / 17.0Bullish
Supertrend (10,3)

Price is above Supertrend

$67.99Bullish
Ichimoku Cloud

Cloud Span A / Span B

$75.43 / $76.14Bearish
Donchian Channel (20)

20-period breakout channel position

52%Range

Momentum

RSI (14)

Neutral zone

46.1Range
MACD (12,26,9)

Histogram is positive

0.136Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

51.6 / 59.2Bearish
Williams %R (14)

Neutral zone

-48.4Range
CCI (20)

Balanced zone

7.2Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Medium volatility

$2.41 (3.26%)Range
Bollinger Bands (20,2)

Width 10.25%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$79.57 / $70.79Range
ATR channel lower / upper

Current Volatility Envelope

$71.58 / $76.4Range

Volume / Money Flow

MFI (14)

Money flow is strong

60.4Bullish
OBV slope

20-period OBV slope

-5.28%Bearish
Volume ratio

Relative to 20-period average volume

0.39xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$83.27Range
Support

Nearest Downside Decision Level

$69.01Range

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