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 $105.91.

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 57.1, MACD 3.666

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $14.45 (16.57%)

Monthly

EMA Structure

Bullish
EMA 8$81.92Bullish
EMA 21$75.03Bullish
EMA 50$71.9Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.1 · MACD 3.666

Momentum is strong

Strength
Bullish
Volatility
ATR $14.45 · BB 83.59%

High volatility

Strength
Bearish
Volume
MFI 53.8 · OBV -981.71%

Relative to 20-period average volume

Strength
Range
Price Levels
$34.13 - $105.91

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+38.04% · 2.3 ATR above latest close

$120.36
Nearest resistance

+21.47% · 1.3 ATR above · 34-bar high

$105.91
Current price

Price shown is delayed

$87.19
Nearest support

-60.86% · 3.7 ATR below · 34-bar low

$34.13
Deeper support zone

-77.43% · 4.7 ATR below latest close

$19.68
ATR zone

Latest close ± ATR14

$72.74 - $101.64

Indicators

Trend

Dow Theory Structure

Confirmation $105.91, invalidation $59.31

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

Trend strength is moderate

20.6 / 32.8 / 18.9Bullish
Supertrend (10,3)

Price is above Supertrend

$38.28Bullish
Ichimoku Cloud

Cloud Span A / Span B

$73.62 / $70.02Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Volatility

ATR (14)

High volatility

$14.45 (16.57%)Bearish
Bollinger Bands (20,2)

Width 83.59%

85%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$107.37 / $43.07Bearish
ATR channel lower / upper

Current Volatility Envelope

$72.74 / $101.64Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$34.13Range

Momentum

RSI (14)

Momentum is strong

57.1Bullish
MACD (12,26,9)

Histogram is positive

3.666Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

67.4 / 75.8Bearish
Williams %R (14)

Neutral zone

-32.6Range
CCI (20)

Strong expansion

118.6Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.8Range
OBV slope

20-period OBV slope

-981.71%Bearish
Volume ratio

Relative to 20-period average volume

0.38xBearish

Trend

Dow Theory Structure

Confirmation $105.91, invalidation $59.31

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

Trend strength is moderate

20.6 / 32.8 / 18.9Bullish
Supertrend (10,3)

Price is above Supertrend

$38.28Bullish
Ichimoku Cloud

Cloud Span A / Span B

$73.62 / $70.02Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Momentum

RSI (14)

Momentum is strong

57.1Bullish
MACD (12,26,9)

Histogram is positive

3.666Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

67.4 / 75.8Bearish
Williams %R (14)

Neutral zone

-32.6Range
CCI (20)

Strong expansion

118.6Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volatility

ATR (14)

High volatility

$14.45 (16.57%)Bearish
Bollinger Bands (20,2)

Width 83.59%

85%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$107.37 / $43.07Bearish
ATR channel lower / upper

Current Volatility Envelope

$72.74 / $101.64Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.8Range
OBV slope

20-period OBV slope

-981.71%Bearish
Volume ratio

Relative to 20-period average volume

0.38xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$34.13Range

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