US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

1 weekBearish66%
Weekly Downside probability 66%Bearish

MCHP 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $82.02 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 below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 46.1, MACD -2.240

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $9.57 (12.57%)

Weekly

EMA Structure

Range
EMA 8$81.11Bearish
EMA 21$82.02Bearish
EMA 50$77.1Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.1 · MACD -2.240

Neutral zone

Strength
Bearish
Volatility
ATR $9.57 · BB 37.82%

High volatility

Strength
Bearish
Volume
MFI 37.6 · OBV -13.09%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$59.31 - $105.91

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+51.78% · 4.1 ATR above latest close

$115.48
Nearest resistance

+39.21% · 3.1 ATR above · 34-bar high

$105.91
Current price

Price shown is delayed

$76.08
Nearest support

-22.04% · 1.8 ATR below · 34-bar low

$59.31
Deeper support zone

-34.62% · 2.8 ATR below latest close

$49.74
ATR zone

Latest close ± ATR14

$66.51 - $85.65

Indicators

Trend

Dow Theory Structure

Confirmation $71.24, invalidation $85.97

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

Trend strength is active

31.8 / 12.2 / 28.3Bearish
Supertrend (10,3)

Price is above Supertrend

$48.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$85.12 / $77.22Bearish
Donchian Channel (20)

20-period breakout channel position

26%Range

Volatility

ATR (14)

High volatility

$9.57 (12.57%)Bearish
Bollinger Bands (20,2)

Width 37.82%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$101.76 / $62.56Bearish
ATR channel lower / upper

Current Volatility Envelope

$66.51 / $85.65Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$59.31Range

Momentum

RSI (14)

Neutral zone

46.1Range
MACD (12,26,9)

Histogram is negative

-2.240Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.8 / 25.9Bearish
Williams %R (14)

Oversold zone

-85.2Bullish
CCI (20)

Balanced zone

-90.2Range
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.6Bearish
OBV slope

20-period OBV slope

-13.09%Bearish
Volume ratio

Relative to 20-period average volume

0.69xBearish

Trend

Dow Theory Structure

Confirmation $71.24, invalidation $85.97

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

Trend strength is active

31.8 / 12.2 / 28.3Bearish
Supertrend (10,3)

Price is above Supertrend

$48.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$85.12 / $77.22Bearish
Donchian Channel (20)

20-period breakout channel position

26%Range

Momentum

RSI (14)

Neutral zone

46.1Range
MACD (12,26,9)

Histogram is negative

-2.240Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.8 / 25.9Bearish
Williams %R (14)

Oversold zone

-85.2Bullish
CCI (20)

Balanced zone

-90.2Range
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volatility

ATR (14)

High volatility

$9.57 (12.57%)Bearish
Bollinger Bands (20,2)

Width 37.82%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$101.76 / $62.56Bearish
ATR channel lower / upper

Current Volatility Envelope

$66.51 / $85.65Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

37.6Bearish
OBV slope

20-period OBV slope

-13.09%Bearish
Volume ratio

Relative to 20-period average volume

0.69xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$59.31Range

Related Forecasts