US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

12 hoursBearish92%
12h Downside probability 92%Bearish

MCHP 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $66.05 and stabilize above resistance $81.23.

Invalidation Trigger

Break above $81.23 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 38.6, MACD -0.268

12h
Volatility EnvironmentBearish
High volatility

ATR is $4.35 (7.01%)

12h

EMA Structure

Bearish
EMA 8$61.91Bullish
EMA 21$66.05Bearish
EMA 50$70.59Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.6 · MACD -0.268

Momentum is weak

Strength
Bearish
Volatility
ATR $4.35 · BB 48.25%

High volatility

Strength
Bearish
Volume
MFI 22.0 · OBV -148.83%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$55.66 - $81.23

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+37.84% · 5.4 ATR above latest close

$85.58
Nearest resistance

+30.83% · 4.4 ATR above · 34-bar high

$81.23
Current price

Price shown is delayed

$62.09
Nearest support

-10.36% · 1.5 ATR below · 34-bar low

$55.66
Deeper support zone

-17.37% · 2.5 ATR below latest close

$51.31
ATR zone

Latest close ± ATR14

$57.74 - $66.44

Indicators

Trend

Dow Theory Structure

Confirmation $55.66, invalidation $63.78

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

Trend strength is active

50.5 / 12.7 / 38.6Bearish
Supertrend (10,3)

Price is above Supertrend

$51.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$64.17 / $68.45Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Volatility

ATR (14)

High volatility

$4.35 (7.01%)Bearish
Bollinger Bands (20,2)

Width 48.25%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$72.36 / $59.19Bearish
ATR channel lower / upper

Current Volatility Envelope

$57.74 / $66.44Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$81.23Range
Support

Nearest Downside Decision Level

$55.66Range

Momentum

RSI (14)

Momentum is weak

38.6Bearish
MACD (12,26,9)

Histogram is negative

-0.268Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.6 / 23.0Bullish
Williams %R (14)

Neutral zone

-72.4Range
CCI (20)

Balanced zone

-51.8Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

22.0Bearish
OBV slope

20-period OBV slope

-148.83%Bearish
Volume ratio

Relative to 20-period average volume

0.88xBearish

Trend

Dow Theory Structure

Confirmation $55.66, invalidation $63.78

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

Trend strength is active

50.5 / 12.7 / 38.6Bearish
Supertrend (10,3)

Price is above Supertrend

$51.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$64.17 / $68.45Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Momentum

RSI (14)

Momentum is weak

38.6Bearish
MACD (12,26,9)

Histogram is negative

-0.268Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.6 / 23.0Bullish
Williams %R (14)

Neutral zone

-72.4Range
CCI (20)

Balanced zone

-51.8Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$4.35 (7.01%)Bearish
Bollinger Bands (20,2)

Width 48.25%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$72.36 / $59.19Bearish
ATR channel lower / upper

Current Volatility Envelope

$57.74 / $66.44Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

22.0Bearish
OBV slope

20-period OBV slope

-148.83%Bearish
Volume ratio

Relative to 20-period average volume

0.88xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$81.23Range
Support

Nearest Downside Decision Level

$55.66Range

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