US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

1 weekBearish65%
Weekly Downside probability 65%Bearish

MCHP 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: price is above EMA21, short trend is constructive

Confirmation Trigger

Recover $79.49 and stabilize above resistance $105.91.

Invalidation Trigger

Break above $105.91 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 52.0, MACD -1.031

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $7.33 (9.02%)

Weekly

EMA Structure

Range
EMA 8$77.88Bullish
EMA 21$79.49Bullish
EMA 50$76.85Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.0 · MACD -1.031

Neutral zone

Strength
Range
Volatility
ATR $7.33 · BB 38.79%

High volatility

Strength
Bearish
Volume
MFI 34.6 · OBV -22.99%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$59.31 - $105.91

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+39.25% · 4.4 ATR above latest close

$113.24
Nearest resistance

+30.24% · 3.4 ATR above · 34-bar high

$105.91
Current price

Price shown is delayed

$81.32
Nearest support

-27.07% · 3.0 ATR below · 34-bar low

$59.31
Deeper support zone

-36.08% · 4.0 ATR below latest close

$51.98
ATR zone

Latest close ± ATR14

$73.99 - $88.65

Indicators

Trend

Dow Theory Structure

Confirmation $68.75, invalidation $85.97

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

32.3 / 15.5 / 24.0Bearish
Supertrend (10,3)

Price is above Supertrend

$60.35Bullish
Ichimoku Cloud

Cloud Span A / Span B

$81.59 / $77.22Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Volatility

ATR (14)

High volatility

$7.33 (9.02%)Bearish
Bollinger Bands (20,2)

Width 38.79%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$92.67 / $66.3Bearish
ATR channel lower / upper

Current Volatility Envelope

$73.99 / $88.65Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$59.31Range

Momentum

RSI (14)

Neutral zone

52.0Range
MACD (12,26,9)

Histogram is negative

-1.031Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

54.0 / 31.7Bullish
Williams %R (14)

Neutral zone

-46.0Range
CCI (20)

Balanced zone

-25.4Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

34.6Bearish
OBV slope

20-period OBV slope

-22.99%Bearish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Trend

Dow Theory Structure

Confirmation $68.75, invalidation $85.97

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

32.3 / 15.5 / 24.0Bearish
Supertrend (10,3)

Price is above Supertrend

$60.35Bullish
Ichimoku Cloud

Cloud Span A / Span B

$81.59 / $77.22Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Momentum

RSI (14)

Neutral zone

52.0Range
MACD (12,26,9)

Histogram is negative

-1.031Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

54.0 / 31.7Bullish
Williams %R (14)

Neutral zone

-46.0Range
CCI (20)

Balanced zone

-25.4Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$7.33 (9.02%)Bearish
Bollinger Bands (20,2)

Width 38.79%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$92.67 / $66.3Bearish
ATR channel lower / upper

Current Volatility Envelope

$73.99 / $88.65Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

34.6Bearish
OBV slope

20-period OBV slope

-22.99%Bearish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$59.31Range

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