US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

12 hoursBearish89%
12h Downside probability 89%Bearish

MCHP 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $78.34 and stabilize above resistance $86.28.

Invalidation Trigger

Break above $86.28 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 42.7, MACD -0.339

12h
Volatility EnvironmentRange
Medium volatility

ATR is $2.05 (2.7%)

12h

EMA Structure

Bearish
EMA 8$77.16Bearish
EMA 21$78.34Bearish
EMA 50$80.1Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.7 · MACD -0.339

Momentum is weak

Strength
Bearish
Volatility
ATR $2.05 · BB 12.36%

Medium volatility

Strength
Range
Volume
MFI 43.9 · OBV -16.19%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$71.6 - $86.28

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+16.22% · 6.0 ATR above latest close

$88.33
Nearest resistance

+13.53% · 5.0 ATR above · 34-bar high

$86.28
Current price

Price shown is delayed

$76
Nearest support

-5.79% · 2.1 ATR below · 34-bar low

$71.6
Deeper support zone

-8.49% · 3.1 ATR below latest close

$69.55
ATR zone

Latest close ± ATR14

$73.95 - $78.05

Indicators

Trend

Dow Theory Structure

Confirmation $75.66, invalidation $79.75

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

Trend strength is active

27.4 / 15.0 / 28.7Bearish
Supertrend (10,3)

Price is above Supertrend

$69.55Bullish
Ichimoku Cloud

Cloud Span A / Span B

$78.96 / $78.41Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Volatility

ATR (14)

Medium volatility

$2.05 (2.7%)Range
Bollinger Bands (20,2)

Width 12.36%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$82.7 / $73.86Range
ATR channel lower / upper

Current Volatility Envelope

$73.95 / $78.05Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$86.28Range
Support

Nearest Downside Decision Level

$71.6Range

Momentum

RSI (14)

Momentum is weak

42.7Bearish
MACD (12,26,9)

Histogram is negative

-0.339Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

13.7 / 13.6Bullish
Williams %R (14)

Oversold zone

-86.3Bullish
CCI (20)

Weak expansion

-107.1Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.9Bearish
OBV slope

20-period OBV slope

-16.19%Bearish
Volume ratio

Relative to 20-period average volume

1.11xBullish

Trend

Dow Theory Structure

Confirmation $75.66, invalidation $79.75

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

Trend strength is active

27.4 / 15.0 / 28.7Bearish
Supertrend (10,3)

Price is above Supertrend

$69.55Bullish
Ichimoku Cloud

Cloud Span A / Span B

$78.96 / $78.41Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Momentum

RSI (14)

Momentum is weak

42.7Bearish
MACD (12,26,9)

Histogram is negative

-0.339Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

13.7 / 13.6Bullish
Williams %R (14)

Oversold zone

-86.3Bullish
CCI (20)

Weak expansion

-107.1Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

Medium volatility

$2.05 (2.7%)Range
Bollinger Bands (20,2)

Width 12.36%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$82.7 / $73.86Range
ATR channel lower / upper

Current Volatility Envelope

$73.95 / $78.05Range

Volume / Money Flow

MFI (14)

Money flow is weak

43.9Bearish
OBV slope

20-period OBV slope

-16.19%Bearish
Volume ratio

Relative to 20-period average volume

1.11xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$86.28Range
Support

Nearest Downside Decision Level

$71.6Range

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