US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

3 monthsBullish76%
3M Upside probability 76%Bullish

MCHP 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $34.13 and reclaim $105.78.

Invalidation Trigger

Lose $34.13 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 61.6, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $23.36 (25.02%)

3M

EMA Structure

Range
EMA 8$73.12Bullish
EMA 21$73.88Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 61.6 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $23.36 · BB 70.05%

High volatility

Strength
Bearish
Volume
MFI 66.2 · OBV 13.53%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$34.13 - $105.78

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+38.34% · 1.5 ATR above latest close

$129.14
Nearest resistance

+13.32% · 0.5 ATR above · 24-bar high

$105.78
Current price

Price shown is delayed

$93.35
Nearest support

-63.44% · 2.5 ATR below · 24-bar low

$34.13
Deeper support zone

-88.47% · 3.5 ATR below latest close

$10.76
ATR zone

Latest close ± ATR14

$69.99 - $116.71

Indicators

Trend

Dow Theory Structure

Confirmation $77.2, invalidation $48.55

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$11.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Volatility

ATR (14)

High volatility

$23.36 (25.02%)Bearish
Bollinger Bands (20,2)

Width 70.05%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$122.34 / $24.78Bearish
ATR channel lower / upper

Current Volatility Envelope

$69.99 / $116.71Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.78Range
Support

Nearest Downside Decision Level

$34.13Range

Momentum

RSI (14)

Momentum is strong

61.6Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

82.7 / 57.7Bullish
Williams %R (14)

Overbought zone

-17.3Bearish
CCI (20)

Balanced zone

90.2Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

66.2Bullish
OBV slope

20-period OBV slope

13.53%Bullish
Volume ratio

Relative to 20-period average volume

1.78xBullish

Trend

Dow Theory Structure

Confirmation $77.2, invalidation $48.55

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$11.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Momentum

RSI (14)

Momentum is strong

61.6Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

82.7 / 57.7Bullish
Williams %R (14)

Overbought zone

-17.3Bearish
CCI (20)

Balanced zone

90.2Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$23.36 (25.02%)Bearish
Bollinger Bands (20,2)

Width 70.05%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$122.34 / $24.78Bearish
ATR channel lower / upper

Current Volatility Envelope

$69.99 / $116.71Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

66.2Bullish
OBV slope

20-period OBV slope

13.53%Bullish
Volume ratio

Relative to 20-period average volume

1.78xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.78Range
Support

Nearest Downside Decision Level

$34.13Range

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