US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

1 weekBullish77%
Weekly Upside probability 77%Bullish

MCHP 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $49.8 and reclaim $105.91.

Invalidation Trigger

Lose $49.8 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 54.2, MACD -0.772

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $9.92 (11.38%)

Weekly

EMA Structure

Bullish
EMA 8$89.07Bearish
EMA 21$84.69Bullish
EMA 50$77.01Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.2 · MACD -0.772

Neutral zone

Strength
Range
Volatility
ATR $9.92 · BB 62.57%

High volatility

Strength
Bearish
Volume
MFI 57.4 · OBV 48.26%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$49.8 - $105.91

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+32.85% · 2.9 ATR above latest close

$115.83
Nearest resistance

+21.47% · 1.9 ATR above · 34-bar high

$105.91
Current price

Price shown is delayed

$87.19
Nearest support

-42.89% · 3.8 ATR below · 34-bar low

$49.8
Deeper support zone

-54.27% · 4.8 ATR below latest close

$39.87
ATR zone

Latest close ± ATR14

$77.27 - $97.11

Indicators

Trend

Dow Theory Structure

Confirmation $104.03, invalidation $85.28

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

Trend strength is active

36.3 / 31.6 / 18.2Bullish
Supertrend (10,3)

Price is above Supertrend

$59.41Bullish
Ichimoku Cloud

Cloud Span A / Span B

$87.71 / $77.22Bearish
Donchian Channel (20)

20-period breakout channel position

60%Range

Volatility

ATR (14)

High volatility

$9.92 (11.38%)Bearish
Bollinger Bands (20,2)

Width 62.57%

58%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$103.75 / $66.4Bearish
ATR channel lower / upper

Current Volatility Envelope

$77.27 / $97.11Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$49.8Range

Momentum

RSI (14)

Neutral zone

54.2Range
MACD (12,26,9)

Histogram is negative

-0.772Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.2 / 52.5Bearish
Williams %R (14)

Neutral zone

-53.8Range
CCI (20)

Balanced zone

23.1Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

57.4Bullish
OBV slope

20-period OBV slope

48.26%Bullish
Volume ratio

Relative to 20-period average volume

0.14xBearish

Trend

Dow Theory Structure

Confirmation $104.03, invalidation $85.28

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

Trend strength is active

36.3 / 31.6 / 18.2Bullish
Supertrend (10,3)

Price is above Supertrend

$59.41Bullish
Ichimoku Cloud

Cloud Span A / Span B

$87.71 / $77.22Bearish
Donchian Channel (20)

20-period breakout channel position

60%Range

Momentum

RSI (14)

Neutral zone

54.2Range
MACD (12,26,9)

Histogram is negative

-0.772Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.2 / 52.5Bearish
Williams %R (14)

Neutral zone

-53.8Range
CCI (20)

Balanced zone

23.1Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$9.92 (11.38%)Bearish
Bollinger Bands (20,2)

Width 62.57%

58%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$103.75 / $66.4Bearish
ATR channel lower / upper

Current Volatility Envelope

$77.27 / $97.11Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

57.4Bullish
OBV slope

20-period OBV slope

48.26%Bullish
Volume ratio

Relative to 20-period average volume

0.14xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$49.8Range

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