US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

4 hoursBullish69%
4h Upside probability 69%Bullish

MCHP 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Hold above $70.54 and reclaim $85.72.

Invalidation Trigger

Lose $70.54 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 49.1, MACD 0.343

4h
Volatility EnvironmentRange
Medium volatility

ATR is $2.33 (3.06%)

4h

EMA Structure

Bearish
EMA 8$74.89Bullish
EMA 21$75.68Bullish
EMA 50$78.47Bearish

Signals

CategoryReadStrength
Momentum
RSI 49.1 · MACD 0.343

Neutral zone

Strength
Bullish
Volatility
ATR $2.33 · BB 7.49%

Medium volatility

Strength
Range
Volume
MFI 50.4 · OBV 7.09%

Relative to 20-period average volume

Strength
Range
Price Levels
$70.54 - $85.72

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+15.85% · 5.2 ATR above latest close

$88.05
Nearest resistance

+12.79% · 4.2 ATR above · 34-bar high

$85.72
Current price

Price shown is delayed

$76
Nearest support

-7.18% · 2.3 ATR below · 34-bar low

$70.54
Deeper support zone

-10.25% · 3.3 ATR below latest close

$68.21
ATR zone

Latest close ± ATR14

$73.67 - $78.33

Indicators

Trend

Dow Theory Structure

Confirmation $77.88, invalidation $72.51

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

Trend strength is moderate

14.5 / 23.9 / 15.4Bullish
Supertrend (10,3)

Price is above Supertrend

$69.92Bullish
Ichimoku Cloud

Cloud Span A / Span B

$75.62 / $78.37Bearish
Donchian Channel (20)

20-period breakout channel position

58%Range

Volatility

ATR (14)

Medium volatility

$2.33 (3.06%)Range
Bollinger Bands (20,2)

Width 7.49%

70%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$79.35 / $71.82Range
ATR channel lower / upper

Current Volatility Envelope

$73.67 / $78.33Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$85.72Range
Support

Nearest Downside Decision Level

$70.54Range

Momentum

RSI (14)

Neutral zone

49.1Range
MACD (12,26,9)

Histogram is positive

0.343Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

74.4 / 58.5Bullish
Williams %R (14)

Neutral zone

-25.6Range
CCI (20)

Balanced zone

52.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.4Range
OBV slope

20-period OBV slope

7.09%Bullish
Volume ratio

Relative to 20-period average volume

1.04xRange

Trend

Dow Theory Structure

Confirmation $77.88, invalidation $72.51

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

Trend strength is moderate

14.5 / 23.9 / 15.4Bullish
Supertrend (10,3)

Price is above Supertrend

$69.92Bullish
Ichimoku Cloud

Cloud Span A / Span B

$75.62 / $78.37Bearish
Donchian Channel (20)

20-period breakout channel position

58%Range

Momentum

RSI (14)

Neutral zone

49.1Range
MACD (12,26,9)

Histogram is positive

0.343Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

74.4 / 58.5Bullish
Williams %R (14)

Neutral zone

-25.6Range
CCI (20)

Balanced zone

52.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$2.33 (3.06%)Range
Bollinger Bands (20,2)

Width 7.49%

70%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$79.35 / $71.82Range
ATR channel lower / upper

Current Volatility Envelope

$73.67 / $78.33Range

Volume / Money Flow

MFI (14)

Money flow is neutral

50.4Range
OBV slope

20-period OBV slope

7.09%Bullish
Volume ratio

Relative to 20-period average volume

1.04xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$85.72Range
Support

Nearest Downside Decision Level

$70.54Range

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