US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

3 monthsBullish61%
3M Upside probability 61%Bullish

MCHP 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $26.58 and reclaim $105.91.

Invalidation Trigger

Lose $26.58 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 53.9, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $23.49 (30.88%)

3M

EMA Structure

Range
EMA 8$73.34Bullish
EMA 21$69.87Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 53.9 · MACD --

Neutral zone

Strength
Bullish
Volatility
ATR $23.49 · BB 69.42%

High volatility

Strength
Bearish
Volume
MFI 62.3 · OBV -25.11%

Relative to 20-period average volume

Strength
Range
Price Levels
$26.58 - $105.91

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+70.09% · 2.3 ATR above latest close

$129.4
Nearest resistance

+39.21% · 1.3 ATR above · 29-bar high

$105.91
Current price

Price shown is delayed

$76.08
Nearest support

-65.06% · 2.1 ATR below · 29-bar low

$26.58
Deeper support zone

-95.94% · 3.1 ATR below latest close

$3.09
ATR zone

Latest close ± ATR14

$52.59 - $99.57

Indicators

Trend

Dow Theory Structure

Confirmation $105.91, invalidation $48.52

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

Trend strength is active

24.7 / 16.6 / 19.9Bearish
Supertrend (10,3)

Price is above Supertrend

$6.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$69.19 / --Bullish
Donchian Channel (20)

20-period breakout channel position

58%Range

Volatility

ATR (14)

High volatility

$23.49 (30.88%)Bearish
Bollinger Bands (20,2)

Width 69.42%

53%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$120.19 / $20.01Bearish
ATR channel lower / upper

Current Volatility Envelope

$52.59 / $99.57Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$26.58Range

Momentum

RSI (14)

Neutral zone

53.9Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

58.4 / 61.3Bearish
Williams %R (14)

Neutral zone

-41.6Range
CCI (20)

Balanced zone

35.4Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

62.3Bullish
OBV slope

20-period OBV slope

-25.11%Bearish
Volume ratio

Relative to 20-period average volume

0.77xBearish

Trend

Dow Theory Structure

Confirmation $105.91, invalidation $48.52

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

Trend strength is active

24.7 / 16.6 / 19.9Bearish
Supertrend (10,3)

Price is above Supertrend

$6.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$69.19 / --Bullish
Donchian Channel (20)

20-period breakout channel position

58%Range

Momentum

RSI (14)

Neutral zone

53.9Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

58.4 / 61.3Bearish
Williams %R (14)

Neutral zone

-41.6Range
CCI (20)

Balanced zone

35.4Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$23.49 (30.88%)Bearish
Bollinger Bands (20,2)

Width 69.42%

53%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$120.19 / $20.01Bearish
ATR channel lower / upper

Current Volatility Envelope

$52.59 / $99.57Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

62.3Bullish
OBV slope

20-period OBV slope

-25.11%Bearish
Volume ratio

Relative to 20-period average volume

0.77xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$26.58Range

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