US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

1 hourBullish83%
1h Upside probability 83%Bullish

MCHP 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $72.51 and reclaim $77.88.

Invalidation Trigger

Lose $72.51 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 59.0, MACD 0.189

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.8949 (1.18%)

1h

EMA Structure

Range
EMA 8$74.85Bullish
EMA 21$74.68Bullish
EMA 50$75.02Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.0 · MACD 0.189

Momentum is strong

Strength
Bullish
Volatility
ATR $0.8949 · BB 4.70%

Low volatility

Strength
Bullish
Volume
MFI 41.5 · OBV -7.99%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$72.51 - $77.88

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.65% · 3.1 ATR above latest close

$78.77
Nearest resistance

+2.47% · 2.1 ATR above · 34-bar high

$77.88
Current price

Price shown is delayed

$76
Nearest support

-4.59% · 3.9 ATR below · 34-bar low

$72.51
Deeper support zone

-5.77% · 4.9 ATR below latest close

$71.62
ATR zone

Latest close ± ATR14

$75.11 - $76.89

Indicators

Trend

Dow Theory Structure

Confirmation $75.52, invalidation $74.3

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

Trend strength is active

32.5 / 39.8 / 27.1Bullish
Supertrend (10,3)

Price is above Supertrend

$72.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$74.73 / $74.21Bullish
Donchian Channel (20)

20-period breakout channel position

94%Range

Volatility

ATR (14)

Low volatility

$0.8949 (1.18%)Bullish
Bollinger Bands (20,2)

Width 4.70%

95%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$76.51 / $72.84Bullish
ATR channel lower / upper

Current Volatility Envelope

$75.11 / $76.89Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$77.88Range
Support

Nearest Downside Decision Level

$72.51Range

Momentum

RSI (14)

Momentum is strong

59.0Bullish
MACD (12,26,9)

Histogram is positive

0.189Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

100.0 / 85.9Bullish
Williams %R (14)

Overbought zone

0.0Bearish
CCI (20)

Strong expansion

125.8Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

41.5Bearish
OBV slope

20-period OBV slope

-7.99%Bearish
Volume ratio

Relative to 20-period average volume

3.54xBullish

Trend

Dow Theory Structure

Confirmation $75.52, invalidation $74.3

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

Trend strength is active

32.5 / 39.8 / 27.1Bullish
Supertrend (10,3)

Price is above Supertrend

$72.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$74.73 / $74.21Bullish
Donchian Channel (20)

20-period breakout channel position

94%Range

Momentum

RSI (14)

Momentum is strong

59.0Bullish
MACD (12,26,9)

Histogram is positive

0.189Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

100.0 / 85.9Bullish
Williams %R (14)

Overbought zone

0.0Bearish
CCI (20)

Strong expansion

125.8Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volatility

ATR (14)

Low volatility

$0.8949 (1.18%)Bullish
Bollinger Bands (20,2)

Width 4.70%

95%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$76.51 / $72.84Bullish
ATR channel lower / upper

Current Volatility Envelope

$75.11 / $76.89Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

41.5Bearish
OBV slope

20-period OBV slope

-7.99%Bearish
Volume ratio

Relative to 20-period average volume

3.54xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$77.88Range
Support

Nearest Downside Decision Level

$72.51Range

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