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 52.9, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $23.49 (32.14%)

3M

EMA Structure

Range
EMA 8$72.68Bullish
EMA 21$69.6Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 52.9 · MACD --

Neutral zone

Strength
Bullish
Volatility
ATR $23.49 · BB 69.55%

High volatility

Strength
Bearish
Volume
MFI 63.6 · OBV -8.73%

Relative to 20-period average volume

Strength
Range
Price Levels
$26.58 - $105.91

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+77.04% · 2.4 ATR above latest close

$129.4
Nearest resistance

+44.89% · 1.4 ATR above · 29-bar high

$105.91
Current price

Price shown is delayed

$73.1
Nearest support

-63.64% · 2.0 ATR below · 29-bar low

$26.58
Deeper support zone

-95.78% · 3.0 ATR below latest close

$3.09
ATR zone

Latest close ± ATR14

$49.6 - $96.59

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

54%Range

Volatility

ATR (14)

High volatility

$23.49 (32.14%)Bearish
Bollinger Bands (20,2)

Width 69.55%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$119.91 / $19.72Bearish
ATR channel lower / upper

Current Volatility Envelope

$49.6 / $96.59Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$26.58Range

Momentum

RSI (14)

Neutral zone

52.9Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

54.3 / 59.9Bearish
Williams %R (14)

Neutral zone

-45.7Range
CCI (20)

Balanced zone

29.2Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

63.6Bullish
OBV slope

20-period OBV slope

-8.73%Bearish
Volume ratio

Relative to 20-period average volume

0.49xBearish

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

54%Range

Momentum

RSI (14)

Neutral zone

52.9Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

54.3 / 59.9Bearish
Williams %R (14)

Neutral zone

-45.7Range
CCI (20)

Balanced zone

29.2Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$23.49 (32.14%)Bearish
Bollinger Bands (20,2)

Width 69.55%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$119.91 / $19.72Bearish
ATR channel lower / upper

Current Volatility Envelope

$49.6 / $96.59Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

63.6Bullish
OBV slope

20-period OBV slope

-8.73%Bearish
Volume ratio

Relative to 20-period average volume

0.49xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$105.91Range
Support

Nearest Downside Decision Level

$26.58Range

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