US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

1 monthBullish86%
Monthly Upside probability 86%Bullish

MCHP 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $34.13 and reclaim $105.78.

Invalidation Trigger

Lose $34.13 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 60.9, MACD 4.187

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $14.75 (15.8%)

Monthly

EMA Structure

Bullish
EMA 8$80.9Bullish
EMA 21$74.03Bullish
EMA 50$72.08Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.9 · MACD 4.187

Momentum is strong

Strength
Bullish
Volatility
ATR $14.75 · BB 81.45%

High volatility

Strength
Bearish
Volume
MFI 62.0 · OBV -506.84%

Relative to 20-period average volume

Strength
Range
Price Levels
$34.13 - $105.78

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+29.11% · 1.8 ATR above latest close

$120.53
Nearest resistance

+13.32% · 0.8 ATR above · 34-bar high

$105.78
Current price

Price shown is delayed

$93.35
Nearest support

-63.44% · 4.0 ATR below · 34-bar low

$34.13
Deeper support zone

-79.24% · 5.0 ATR below latest close

$19.38
ATR zone

Latest close ± ATR14

$78.6 - $108.1

Indicators

Trend

Dow Theory Structure

Confirmation $77.2, invalidation $59.33

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

Trend strength is moderate

21.4 / 38.7 / 16.7Bullish
Supertrend (10,3)

Price is above Supertrend

$47.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$73.56 / $69.95Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Volatility

ATR (14)

High volatility

$14.75 (15.8%)Bearish
Bollinger Bands (20,2)

Width 81.45%

99%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$105.09 / $43.26Bearish
ATR channel lower / upper

Current Volatility Envelope

$78.6 / $108.1Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.78Range
Support

Nearest Downside Decision Level

$34.13Range

Momentum

RSI (14)

Momentum is strong

60.9Bullish
MACD (12,26,9)

Histogram is positive

4.187Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

79.3 / 87.9Bearish
Williams %R (14)

Neutral zone

-20.7Range
CCI (20)

Strong expansion

185.2Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

62.0Bullish
OBV slope

20-period OBV slope

-506.84%Bearish
Volume ratio

Relative to 20-period average volume

0.89xBearish

Trend

Dow Theory Structure

Confirmation $77.2, invalidation $59.33

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

Trend strength is moderate

21.4 / 38.7 / 16.7Bullish
Supertrend (10,3)

Price is above Supertrend

$47.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$73.56 / $69.95Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Momentum

RSI (14)

Momentum is strong

60.9Bullish
MACD (12,26,9)

Histogram is positive

4.187Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

79.3 / 87.9Bearish
Williams %R (14)

Neutral zone

-20.7Range
CCI (20)

Strong expansion

185.2Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

High volatility

$14.75 (15.8%)Bearish
Bollinger Bands (20,2)

Width 81.45%

99%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$105.09 / $43.26Bearish
ATR channel lower / upper

Current Volatility Envelope

$78.6 / $108.1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

62.0Bullish
OBV slope

20-period OBV slope

-506.84%Bearish
Volume ratio

Relative to 20-period average volume

0.89xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.78Range
Support

Nearest Downside Decision Level

$34.13Range

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