US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

3 monthsBullish83%
3M Upside probability 83%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 58.2, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $22.75 (26.1%)

3M

EMA Structure

Range
EMA 8$75.81Bullish
EMA 21$70.88Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 58.2 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $22.75 · BB 70.45%

High volatility

Strength
Bearish
Volume
MFI 66.4 · OBV 9.08%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$26.58 - $105.91

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+47.57% · 1.8 ATR above latest close

$128.66
Nearest resistance

+21.47% · 0.8 ATR above · 29-bar high

$105.91
Current price

Price shown is delayed

$87.19
Nearest support

-69.51% · 2.7 ATR below · 29-bar low

$26.58
Deeper support zone

-95.61% · 3.7 ATR below latest close

$3.83
ATR zone

Latest close ± ATR14

$64.44 - $109.94

Indicators

Trend

Dow Theory Structure

Confirmation $105.91, invalidation $48.52

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

Trend strength is active

24.7 / 17.2 / 20.6Bearish
Supertrend (10,3)

Price is above Supertrend

$14.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$69.19 / --Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Volatility

ATR (14)

High volatility

$22.75 (26.1%)Bearish
Bollinger Bands (20,2)

Width 70.45%

73%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$119.18 / $23.14Bearish
ATR channel lower / upper

Current Volatility Envelope

$64.44 / $109.94Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$26.58Range

Momentum

RSI (14)

Momentum is strong

58.2Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

73.9 / 66.4Bullish
Williams %R (14)

Neutral zone

-26.1Range
CCI (20)

Balanced zone

78.4Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

66.4Bullish
OBV slope

20-period OBV slope

9.08%Bullish
Volume ratio

Relative to 20-period average volume

0.18xBearish

Trend

Dow Theory Structure

Confirmation $105.91, invalidation $48.52

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

Trend strength is active

24.7 / 17.2 / 20.6Bearish
Supertrend (10,3)

Price is above Supertrend

$14.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$69.19 / --Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Momentum

RSI (14)

Momentum is strong

58.2Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

73.9 / 66.4Bullish
Williams %R (14)

Neutral zone

-26.1Range
CCI (20)

Balanced zone

78.4Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$22.75 (26.1%)Bearish
Bollinger Bands (20,2)

Width 70.45%

73%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$119.18 / $23.14Bearish
ATR channel lower / upper

Current Volatility Envelope

$64.44 / $109.94Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

66.4Bullish
OBV slope

20-period OBV slope

9.08%Bullish
Volume ratio

Relative to 20-period average volume

0.18xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$26.58Range

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