US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

1 monthBullish83%
Monthly Upside probability 83%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 51.3, MACD 2.084

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $15.08 (19.83%)

Monthly

EMA Structure

Bullish
EMA 8$78.39Bearish
EMA 21$74.06Bullish
EMA 50$71.58Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.3 · MACD 2.084

Neutral zone

Strength
Bullish
Volatility
ATR $15.08 · BB 79.24%

High volatility

Strength
Bearish
Volume
MFI 45.5 · OBV -288.33%

Relative to 20-period average volume

Strength
Range
Price Levels
$34.13 - $105.91

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+59.03% · 3.0 ATR above latest close

$120.99
Nearest resistance

+39.21% · 2.0 ATR above · 34-bar high

$105.91
Current price

Price shown is delayed

$76.08
Nearest support

-55.15% · 2.8 ATR below · 34-bar low

$34.13
Deeper support zone

-74.97% · 3.8 ATR below latest close

$19.04
ATR zone

Latest close ± ATR14

$61 - $91.16

Indicators

Trend

Dow Theory Structure

Confirmation $105.91, invalidation $59.31

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

Trend strength is moderate

18.9 / 27.3 / 23.0Bullish
Supertrend (10,3)

Price is above Supertrend

$26.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$74.64 / $70.02Bullish
Donchian Channel (20)

20-period breakout channel position

58%Range

Volatility

ATR (14)

High volatility

$15.08 (19.83%)Bearish
Bollinger Bands (20,2)

Width 79.24%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$109.25 / $39.14Bearish
ATR channel lower / upper

Current Volatility Envelope

$61 / $91.16Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$34.13Range

Momentum

RSI (14)

Neutral zone

51.3Range
MACD (12,26,9)

Histogram is positive

2.084Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

48.0 / 56.2Bearish
Williams %R (14)

Neutral zone

-52.0Range
CCI (20)

Balanced zone

64.2Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.5Range
OBV slope

20-period OBV slope

-288.33%Bearish
Volume ratio

Relative to 20-period average volume

0.64xBearish

Trend

Dow Theory Structure

Confirmation $105.91, invalidation $59.31

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

Trend strength is moderate

18.9 / 27.3 / 23.0Bullish
Supertrend (10,3)

Price is above Supertrend

$26.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$74.64 / $70.02Bullish
Donchian Channel (20)

20-period breakout channel position

58%Range

Momentum

RSI (14)

Neutral zone

51.3Range
MACD (12,26,9)

Histogram is positive

2.084Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

48.0 / 56.2Bearish
Williams %R (14)

Neutral zone

-52.0Range
CCI (20)

Balanced zone

64.2Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$15.08 (19.83%)Bearish
Bollinger Bands (20,2)

Width 79.24%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$109.25 / $39.14Bearish
ATR channel lower / upper

Current Volatility Envelope

$61 / $91.16Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.5Range
OBV slope

20-period OBV slope

-288.33%Bearish
Volume ratio

Relative to 20-period average volume

0.64xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$34.13Range

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