US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

12 hoursBearish82%
12h Downside probability 82%Bearish

MCHP 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $77.82 and stabilize above resistance $90.62.

Invalidation Trigger

Break above $90.62 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateRange
Momentum mixed

RSI 44.2, MACD 0.024

12h
Volatility EnvironmentRange
Medium volatility

ATR is $3.41 (4.48%)

12h

EMA Structure

Bearish
EMA 8$75.28Bullish
EMA 21$77.82Bearish
EMA 50$82.27Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.2 · MACD 0.024

Momentum is weak

Strength
Range
Volatility
ATR $3.41 · BB 19.41%

Medium volatility

Strength
Range
Volume
MFI 44.4 · OBV -9.71%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$70.54 - $90.62

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+23.72% · 5.3 ATR above latest close

$94.03
Nearest resistance

+19.23% · 4.3 ATR above · 34-bar high

$90.62
Current price

Price shown is delayed

$76
Nearest support

-7.18% · 1.6 ATR below · 34-bar low

$70.54
Deeper support zone

-11.67% · 2.6 ATR below latest close

$67.13
ATR zone

Latest close ± ATR14

$72.59 - $79.41

Indicators

Trend

Dow Theory Structure

Confirmation $70.54, invalidation $77.88

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

Trend strength is active

30.4 / 14.8 / 29.4Bearish
Supertrend (10,3)

Price is above Supertrend

$63.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$76.82 / $81.51Bearish
Donchian Channel (20)

20-period breakout channel position

36%Bearish

Volatility

ATR (14)

Medium volatility

$3.41 (4.48%)Range
Bollinger Bands (20,2)

Width 19.41%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$85 / $70.26Range
ATR channel lower / upper

Current Volatility Envelope

$72.59 / $79.41Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$90.62Range
Support

Nearest Downside Decision Level

$70.54Range

Momentum

RSI (14)

Momentum is weak

44.2Bearish
MACD (12,26,9)

Histogram is positive

0.024Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

49.7 / 31.2Bullish
Williams %R (14)

Neutral zone

-50.3Range
CCI (20)

Balanced zone

-69.9Range
TD Sequential

Setup is not extreme

neutral 0Range

Volume / Money Flow

MFI (14)

Money flow is weak

44.4Bearish
OBV slope

20-period OBV slope

-9.71%Bearish
Volume ratio

Relative to 20-period average volume

1.43xBullish

Trend

Dow Theory Structure

Confirmation $70.54, invalidation $77.88

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

Trend strength is active

30.4 / 14.8 / 29.4Bearish
Supertrend (10,3)

Price is above Supertrend

$63.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$76.82 / $81.51Bearish
Donchian Channel (20)

20-period breakout channel position

36%Bearish

Momentum

RSI (14)

Momentum is weak

44.2Bearish
MACD (12,26,9)

Histogram is positive

0.024Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

49.7 / 31.2Bullish
Williams %R (14)

Neutral zone

-50.3Range
CCI (20)

Balanced zone

-69.9Range
TD Sequential

Setup is not extreme

neutral 0Range

Volatility

ATR (14)

Medium volatility

$3.41 (4.48%)Range
Bollinger Bands (20,2)

Width 19.41%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$85 / $70.26Range
ATR channel lower / upper

Current Volatility Envelope

$72.59 / $79.41Range

Volume / Money Flow

MFI (14)

Money flow is weak

44.4Bearish
OBV slope

20-period OBV slope

-9.71%Bearish
Volume ratio

Relative to 20-period average volume

1.43xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$90.62Range
Support

Nearest Downside Decision Level

$70.54Range

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