US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

4 hoursBullish63%
4h Upside probability 63%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 $55.66 and reclaim $79.14.

Invalidation Trigger

Lose $55.66 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBullish
Momentum improving

RSI 44.9, MACD 0.642

4h
Volatility EnvironmentRange
Medium volatility

ATR is $1.43 (2.3%)

4h

EMA Structure

Bearish
EMA 8$61.5Bullish
EMA 21$62.42Bearish
EMA 50$66.44Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.9 · MACD 0.642

Momentum is weak

Strength
Bullish
Volatility
ATR $1.43 · BB 7.11%

Medium volatility

Strength
Range
Volume
MFI 29.1 · OBV 19.52%

Relative to 20-period average volume

Strength
Range
Price Levels
$55.66 - $79.14

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+29.76% · 12.9 ATR above latest close

$80.57
Nearest resistance

+27.46% · 11.9 ATR above · 34-bar high

$79.14
Current price

Price shown is delayed

$62.09
Nearest support

-10.36% · 4.5 ATR below · 34-bar low

$55.66
Deeper support zone

-12.66% · 5.5 ATR below latest close

$54.23
ATR zone

Latest close ± ATR14

$60.66 - $63.52

Indicators

Trend

Dow Theory Structure

Confirmation $63.78, invalidation $60.1

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

Trend strength is active

26.0 / 35.0 / 19.1Bullish
Supertrend (10,3)

Price is above Supertrend

$58.22Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.8 / $68.45Bearish
Donchian Channel (20)

20-period breakout channel position

78%Bearish

Volatility

ATR (14)

Medium volatility

$1.43 (2.3%)Range
Bollinger Bands (20,2)

Width 7.11%

74%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$64.8 / $59.76Range
ATR channel lower / upper

Current Volatility Envelope

$60.66 / $63.52Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$79.14Range
Support

Nearest Downside Decision Level

$55.66Range

Momentum

RSI (14)

Momentum is weak

44.9Bearish
MACD (12,26,9)

Histogram is positive

0.642Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.2 / 51.5Bullish
Williams %R (14)

Neutral zone

-39.8Range
CCI (20)

Balanced zone

72.3Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

29.1Bearish
OBV slope

20-period OBV slope

19.52%Bullish
Volume ratio

Relative to 20-period average volume

1.42xBullish

Trend

Dow Theory Structure

Confirmation $63.78, invalidation $60.1

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

Trend strength is active

26.0 / 35.0 / 19.1Bullish
Supertrend (10,3)

Price is above Supertrend

$58.22Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.8 / $68.45Bearish
Donchian Channel (20)

20-period breakout channel position

78%Bearish

Momentum

RSI (14)

Momentum is weak

44.9Bearish
MACD (12,26,9)

Histogram is positive

0.642Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.2 / 51.5Bullish
Williams %R (14)

Neutral zone

-39.8Range
CCI (20)

Balanced zone

72.3Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$1.43 (2.3%)Range
Bollinger Bands (20,2)

Width 7.11%

74%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$64.8 / $59.76Range
ATR channel lower / upper

Current Volatility Envelope

$60.66 / $63.52Range

Volume / Money Flow

MFI (14)

Money flow is weak

29.1Bearish
OBV slope

20-period OBV slope

19.52%Bullish
Volume ratio

Relative to 20-period average volume

1.42xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$79.14Range
Support

Nearest Downside Decision Level

$55.66Range

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