US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

3 monthsBullish55%
3M Upside probability 55%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 53.2, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $23.55 (31.74%)

3M

EMA Structure

Range
EMA 8$72.93Bullish
EMA 21$69.7Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 53.2 · MACD --

Neutral zone

Strength
Bullish
Volatility
ATR $23.55 · BB 69.48%

High volatility

Strength
Bearish
Volume
MFI 61.4 · OBV -36.74%

Relative to 20-period average volume

Strength
Range
Price Levels
$26.58 - $105.91

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+74.47% · 2.3 ATR above latest close

$129.46
Nearest resistance

+42.74% · 1.3 ATR above · 29-bar high

$105.91
Current price

Price shown is delayed

$74.2
Nearest support

-64.18% · 2.0 ATR below · 29-bar low

$26.58
Deeper support zone

-95.92% · 3.0 ATR below latest close

$3.03
ATR zone

Latest close ± ATR14

$50.65 - $97.75

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

$5.55Bullish
Ichimoku Cloud

Cloud Span A / Span B

$69.19 / --Bullish
Donchian Channel (20)

20-period breakout channel position

56%Range

Volatility

ATR (14)

High volatility

$23.55 (31.74%)Bearish
Bollinger Bands (20,2)

Width 69.48%

50%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$120.17 / $19.67Bearish
ATR channel lower / upper

Current Volatility Envelope

$50.65 / $97.75Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$26.58Range

Momentum

RSI (14)

Neutral zone

53.2Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

55.8 / 60.4Bearish
Williams %R (14)

Neutral zone

-44.2Range
CCI (20)

Balanced zone

29.8Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

61.4Bullish
OBV slope

20-period OBV slope

-36.74%Bearish
Volume ratio

Relative to 20-period average volume

0.96xRange

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

$5.55Bullish
Ichimoku Cloud

Cloud Span A / Span B

$69.19 / --Bullish
Donchian Channel (20)

20-period breakout channel position

56%Range

Momentum

RSI (14)

Neutral zone

53.2Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

55.8 / 60.4Bearish
Williams %R (14)

Neutral zone

-44.2Range
CCI (20)

Balanced zone

29.8Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$23.55 (31.74%)Bearish
Bollinger Bands (20,2)

Width 69.48%

50%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$120.17 / $19.67Bearish
ATR channel lower / upper

Current Volatility Envelope

$50.65 / $97.75Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

61.4Bullish
OBV slope

20-period OBV slope

-36.74%Bearish
Volume ratio

Relative to 20-period average volume

0.96xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$26.58Range

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