US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

1 weekBearish71%
Weekly Downside probability 71%Bearish

MCHP 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $81.91 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 43.2, MACD -2.753

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $9.3 (12.72%)

Weekly

EMA Structure

Range
EMA 8$80.94Bearish
EMA 21$81.91Bearish
EMA 50$76.6Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.2 · MACD -2.753

Momentum is weak

Strength
Bearish
Volatility
ATR $9.3 · BB 50.97%

High volatility

Strength
Bearish
Volume
MFI 38.7 · OBV 16.92%

Relative to 20-period average volume

Strength
Range
Price Levels
$59.31 - $105.91

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+57.61% · 4.5 ATR above latest close

$115.21
Nearest resistance

+44.89% · 3.5 ATR above · 34-bar high

$105.91
Current price

Price shown is delayed

$73.1
Nearest support

-18.86% · 1.5 ATR below · 34-bar low

$59.31
Deeper support zone

-31.58% · 2.5 ATR below latest close

$50.01
ATR zone

Latest close ± ATR14

$63.8 - $82.39

Indicators

Trend

Dow Theory Structure

Confirmation $104.03, invalidation $85.28

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

Trend strength is active

33.5 / 16.9 / 27.4Bearish
Supertrend (10,3)

Price is above Supertrend

$45.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$85.12 / $77.22Bearish
Donchian Channel (20)

20-period breakout channel position

30%Bearish

Volatility

ATR (14)

High volatility

$9.3 (12.72%)Bearish
Bollinger Bands (20,2)

Width 50.97%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$101.46 / $62.7Bearish
ATR channel lower / upper

Current Volatility Envelope

$63.8 / $82.39Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$59.31Range

Momentum

RSI (14)

Momentum is weak

43.2Bearish
MACD (12,26,9)

Histogram is negative

-2.753Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.4 / 5.8Bearish
Williams %R (14)

Oversold zone

-94.6Bullish
CCI (20)

Balanced zone

-79.6Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

38.7Bearish
OBV slope

20-period OBV slope

16.92%Bullish
Volume ratio

Relative to 20-period average volume

0.09xBearish

Trend

Dow Theory Structure

Confirmation $104.03, invalidation $85.28

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

Trend strength is active

33.5 / 16.9 / 27.4Bearish
Supertrend (10,3)

Price is above Supertrend

$45.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$85.12 / $77.22Bearish
Donchian Channel (20)

20-period breakout channel position

30%Bearish

Momentum

RSI (14)

Momentum is weak

43.2Bearish
MACD (12,26,9)

Histogram is negative

-2.753Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.4 / 5.8Bearish
Williams %R (14)

Oversold zone

-94.6Bullish
CCI (20)

Balanced zone

-79.6Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

High volatility

$9.3 (12.72%)Bearish
Bollinger Bands (20,2)

Width 50.97%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$101.46 / $62.7Bearish
ATR channel lower / upper

Current Volatility Envelope

$63.8 / $82.39Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

38.7Bearish
OBV slope

20-period OBV slope

16.92%Bullish
Volume ratio

Relative to 20-period average volume

0.09xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$59.31Range

Related Forecasts