US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

1 weekBullish92%
Weekly Upside probability 92%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 $48.55 and reclaim $105.78.

Invalidation Trigger

Lose $48.55 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 60.4, MACD 1.074

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $8.98 (9.62%)

Weekly

EMA Structure

Bullish
EMA 8$92.58Bullish
EMA 21$84.44Bullish
EMA 50$75.96Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.4 · MACD 1.074

Momentum is strong

Strength
Bullish
Volatility
ATR $8.98 · BB 64.63%

High volatility

Strength
Bearish
Volume
MFI 66.6 · OBV 40.68%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$48.55 - $105.78

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+22.94% · 2.4 ATR above latest close

$114.76
Nearest resistance

+13.32% · 1.4 ATR above · 34-bar high

$105.78
Current price

Price shown is delayed

$93.35
Nearest support

-47.99% · 5.0 ATR below · 34-bar low

$48.55
Deeper support zone

-57.61% · 6.0 ATR below latest close

$39.57
ATR zone

Latest close ± ATR14

$84.37 - $102.33

Indicators

Trend

Dow Theory Structure

Confirmation $105.78, invalidation $85.32

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

Trend strength is active

33.7 / 41.5 / 13.5Bullish
Supertrend (10,3)

Price is above Supertrend

$67.96Bullish
Ichimoku Cloud

Cloud Span A / Span B

$88.71 / $77.16Bullish
Donchian Channel (20)

20-period breakout channel position

73%Bullish

Volatility

ATR (14)

High volatility

$8.98 (9.62%)Bearish
Bollinger Bands (20,2)

Width 64.63%

71%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$104.2 / $65.7Bearish
ATR channel lower / upper

Current Volatility Envelope

$84.37 / $102.33Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.78Range
Support

Nearest Downside Decision Level

$48.55Range

Momentum

RSI (14)

Momentum is strong

60.4Bullish
MACD (12,26,9)

Histogram is positive

1.074Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.2 / 79.1Bearish
Williams %R (14)

Neutral zone

-26.8Range
CCI (20)

Balanced zone

75.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

66.6Bullish
OBV slope

20-period OBV slope

40.68%Bullish
Volume ratio

Relative to 20-period average volume

0.37xBearish

Trend

Dow Theory Structure

Confirmation $105.78, invalidation $85.32

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

Trend strength is active

33.7 / 41.5 / 13.5Bullish
Supertrend (10,3)

Price is above Supertrend

$67.96Bullish
Ichimoku Cloud

Cloud Span A / Span B

$88.71 / $77.16Bullish
Donchian Channel (20)

20-period breakout channel position

73%Bullish

Momentum

RSI (14)

Momentum is strong

60.4Bullish
MACD (12,26,9)

Histogram is positive

1.074Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.2 / 79.1Bearish
Williams %R (14)

Neutral zone

-26.8Range
CCI (20)

Balanced zone

75.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$8.98 (9.62%)Bearish
Bollinger Bands (20,2)

Width 64.63%

71%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$104.2 / $65.7Bearish
ATR channel lower / upper

Current Volatility Envelope

$84.37 / $102.33Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

66.6Bullish
OBV slope

20-period OBV slope

40.68%Bullish
Volume ratio

Relative to 20-period average volume

0.37xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.78Range
Support

Nearest Downside Decision Level

$48.55Range

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