US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

1 monthBullish60%
Monthly Upside probability 60%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 below EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 50.1, MACD 0.927

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $15.46 (20.89%)

Monthly

EMA Structure

Bullish
EMA 8$77Bearish
EMA 21$74.19Bearish
EMA 50$71.83Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.1 · MACD 0.927

Neutral zone

Strength
Bullish
Volatility
ATR $15.46 · BB 74.72%

High volatility

Strength
Bearish
Volume
MFI 44.9 · OBV -382.56%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$34.13 - $105.91

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+64.03% · 3.1 ATR above latest close

$121.37
Nearest resistance

+43.14% · 2.1 ATR above · 34-bar high

$105.91
Current price

Price shown is delayed

$73.99
Nearest support

-53.88% · 2.6 ATR below · 34-bar low

$34.13
Deeper support zone

-74.77% · 3.6 ATR below latest close

$18.67
ATR zone

Latest close ± ATR14

$58.53 - $89.45

Indicators

Trend

Dow Theory Structure

Confirmation $105.91, invalidation $59.31

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

Trend strength is moderate

16.0 / 25.5 / 21.5Bullish
Supertrend (10,3)

Price is above Supertrend

$25.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$76.31 / $70.02Bearish
Donchian Channel (20)

20-period breakout channel position

56%Range

Volatility

ATR (14)

High volatility

$15.46 (20.89%)Bearish
Bollinger Bands (20,2)

Width 74.72%

58%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$108.1 / $40.51Bearish
ATR channel lower / upper

Current Volatility Envelope

$58.53 / $89.45Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$34.13Range

Momentum

RSI (14)

Neutral zone

50.1Range
MACD (12,26,9)

Histogram is positive

0.927Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

44.4 / 46.5Bearish
Williams %R (14)

Neutral zone

-55.6Range
CCI (20)

Balanced zone

37.8Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.9Bearish
OBV slope

20-period OBV slope

-382.56%Bearish
Volume ratio

Relative to 20-period average volume

0.70xBearish

Trend

Dow Theory Structure

Confirmation $105.91, invalidation $59.31

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

Trend strength is moderate

16.0 / 25.5 / 21.5Bullish
Supertrend (10,3)

Price is above Supertrend

$25.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$76.31 / $70.02Bearish
Donchian Channel (20)

20-period breakout channel position

56%Range

Momentum

RSI (14)

Neutral zone

50.1Range
MACD (12,26,9)

Histogram is positive

0.927Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

44.4 / 46.5Bearish
Williams %R (14)

Neutral zone

-55.6Range
CCI (20)

Balanced zone

37.8Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$15.46 (20.89%)Bearish
Bollinger Bands (20,2)

Width 74.72%

58%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$108.1 / $40.51Bearish
ATR channel lower / upper

Current Volatility Envelope

$58.53 / $89.45Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

44.9Bearish
OBV slope

20-period OBV slope

-382.56%Bearish
Volume ratio

Relative to 20-period average volume

0.70xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$34.13Range

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