US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

12 hoursBullish92%
12h Upside probability 92%Bullish

MCHP 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $68.75 and reclaim $83.27.

Invalidation Trigger

Lose $68.75 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 71.5, MACD 0.356

12h
Volatility EnvironmentRange
Medium volatility

ATR is $1.9 (2.33%)

12h

EMA Structure

Bullish
EMA 8$79.25Bullish
EMA 21$77.3Bullish
EMA 50$76.08Bullish

Signals

CategoryReadStrength
Momentum
RSI 71.5 · MACD 0.356

Momentum is strong

Strength
Bullish
Volatility
ATR $1.9 · BB 10.75%

Medium volatility

Strength
Range
Volume
MFI 50.6 · OBV 1201.40%

Relative to 20-period average volume

Strength
Range
Price Levels
$68.75 - $83.27

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.5% · 1.9 ATR above latest close

$85.17
Nearest resistance

+2.17% · 0.9 ATR above · 34-bar high

$83.27
Current price

Price shown is delayed

$81.5
Nearest support

-15.64% · 6.7 ATR below · 34-bar low

$68.75
Deeper support zone

-17.97% · 7.7 ATR below latest close

$66.85
ATR zone

Latest close ± ATR14

$79.6 - $83.4

Indicators

Trend

Dow Theory Structure

Confirmation $80.26, invalidation $76.91

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

Trend strength is active

31.6 / 43.5 / 15.2Bullish
Supertrend (10,3)

Price is above Supertrend

$76.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$77.8 / $76.01Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Volatility

ATR (14)

Medium volatility

$1.9 (2.33%)Range
Bollinger Bands (20,2)

Width 10.75%

102%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$81.14 / $73.68Range
ATR channel lower / upper

Current Volatility Envelope

$79.6 / $83.4Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$83.27Range
Support

Nearest Downside Decision Level

$68.75Range

Momentum

RSI (14)

Momentum is strong

71.5Bullish
MACD (12,26,9)

Histogram is positive

0.356Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.5 / 87.3Bearish
Williams %R (14)

Overbought zone

-17.5Bearish
CCI (20)

Strong expansion

162.2Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.6Range
OBV slope

20-period OBV slope

1201.40%Bullish
Volume ratio

Relative to 20-period average volume

1.94xBullish

Trend

Dow Theory Structure

Confirmation $80.26, invalidation $76.91

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

Trend strength is active

31.6 / 43.5 / 15.2Bullish
Supertrend (10,3)

Price is above Supertrend

$76.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$77.8 / $76.01Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Momentum

RSI (14)

Momentum is strong

71.5Bullish
MACD (12,26,9)

Histogram is positive

0.356Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.5 / 87.3Bearish
Williams %R (14)

Overbought zone

-17.5Bearish
CCI (20)

Strong expansion

162.2Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$1.9 (2.33%)Range
Bollinger Bands (20,2)

Width 10.75%

102%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$81.14 / $73.68Range
ATR channel lower / upper

Current Volatility Envelope

$79.6 / $83.4Range

Volume / Money Flow

MFI (14)

Money flow is neutral

50.6Range
OBV slope

20-period OBV slope

1201.40%Bullish
Volume ratio

Relative to 20-period average volume

1.94xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$83.27Range
Support

Nearest Downside Decision Level

$68.75Range

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