US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

3 monthsBullish54%
3M Upside probability 54%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 $23.23 (31.23%)

3M

EMA Structure

Range
EMA 8$73.87Bullish
EMA 21$70.42Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 53.2 · MACD --

Neutral zone

Strength
Bullish
Volatility
ATR $23.23 · BB 68.30%

High volatility

Strength
Bearish
Volume
MFI 56.9 · OBV -30.05%

Relative to 20-period average volume

Strength
Range
Price Levels
$26.58 - $105.91

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+73.58% · 2.4 ATR above latest close

$129.14
Nearest resistance

+42.35% · 1.4 ATR above · 30-bar high

$105.91
Current price

Price shown is delayed

$74.4
Nearest support

-64.27% · 2.1 ATR below · 30-bar low

$26.58
Deeper support zone

-95.5% · 3.1 ATR below latest close

$3.35
ATR zone

Latest close ± ATR14

$51.17 - $97.63

Indicators

Trend

Dow Theory Structure

Confirmation $105.91, invalidation $34.13

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

Trend strength is active

24.6 / 16.1 / 20.2Bearish
Supertrend (10,3)

Price is above Supertrend

$2.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$70.02 / --Bullish
Donchian Channel (20)

20-period breakout channel position

56%Range

Volatility

ATR (14)

High volatility

$23.23 (31.23%)Bearish
Bollinger Bands (20,2)

Width 68.30%

51%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$120.04 / $21.27Bearish
ATR channel lower / upper

Current Volatility Envelope

$51.17 / $97.63Bearish

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

56.1 / 65.5Bearish
Williams %R (14)

Neutral zone

-43.9Range
CCI (20)

Balanced zone

13.1Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.9Bullish
OBV slope

20-period OBV slope

-30.05%Bearish
Volume ratio

Relative to 20-period average volume

0.32xBearish

Trend

Dow Theory Structure

Confirmation $105.91, invalidation $34.13

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

Trend strength is active

24.6 / 16.1 / 20.2Bearish
Supertrend (10,3)

Price is above Supertrend

$2.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$70.02 / --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

56.1 / 65.5Bearish
Williams %R (14)

Neutral zone

-43.9Range
CCI (20)

Balanced zone

13.1Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

High volatility

$23.23 (31.23%)Bearish
Bollinger Bands (20,2)

Width 68.30%

51%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$120.04 / $21.27Bearish
ATR channel lower / upper

Current Volatility Envelope

$51.17 / $97.63Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.9Bullish
OBV slope

20-period OBV slope

-30.05%Bearish
Volume ratio

Relative to 20-period average volume

0.32xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$26.58Range

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