US stock / ETF

Microchip Technology Incorporated

MCHP · NASDAQ · USD

4 hoursBearish56%
4h Downside probability 56%Bearish

MCHP 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $87.02 and stabilize above resistance $91.4.

Invalidation Trigger

Break above $91.4 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

4h
Momentum StateRange
Momentum mixed

RSI 50.0, MACD 0.138

4h
Volatility EnvironmentRange
Low volatility

ATR is $1.78 (2.04%)

4h

EMA Structure

Bearish
EMA 8$86.96Bullish
EMA 21$87.02Bullish
EMA 50$88.33Bearish

Signals

CategoryReadStrength
Momentum
RSI 50.0 · MACD 0.138

Neutral zone

Strength
Range
Volatility
ATR $1.78 · BB 8.91%

Low volatility

Strength
Range
Volume
MFI 30.0 · OBV -6.56%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$81.9 - $91.4

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.87% · 3.4 ATR above latest close

$93.18
Nearest resistance

+4.83% · 2.4 ATR above · 34-bar high

$91.4
Current price

Price shown is delayed

$87.19
Nearest support

-6.07% · 3.0 ATR below · 34-bar low

$81.9
Deeper support zone

-8.11% · 4.0 ATR below latest close

$80.12
ATR zone

Latest close ± ATR14

$85.41 - $88.97

Indicators

Trend

Dow Theory Structure

Confirmation $90.62, invalidation $83.88

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

Trend strength is moderate

9.9 / 26.3 / 28.8Bearish
Supertrend (10,3)

Price is above Supertrend

$81.82Bullish
Ichimoku Cloud

Cloud Span A / Span B

$86.81 / $89.57Bearish
Donchian Channel (20)

20-period breakout channel position

59%Range

Volatility

ATR (14)

Low volatility

$1.78 (2.04%)Range
Bollinger Bands (20,2)

Width 8.91%

53%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$90.57 / $83.42Range
ATR channel lower / upper

Current Volatility Envelope

$85.41 / $88.97Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$91.4Range
Support

Nearest Downside Decision Level

$81.9Range

Momentum

RSI (14)

Neutral zone

50.0Range
MACD (12,26,9)

Histogram is positive

0.138Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

47.5 / 52.1Bearish
Williams %R (14)

Neutral zone

-52.5Range
CCI (20)

Balanced zone

15.6Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

30.0Bearish
OBV slope

20-period OBV slope

-6.56%Bearish
Volume ratio

Relative to 20-period average volume

2.46xBullish

Trend

Dow Theory Structure

Confirmation $90.62, invalidation $83.88

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

Trend strength is moderate

9.9 / 26.3 / 28.8Bearish
Supertrend (10,3)

Price is above Supertrend

$81.82Bullish
Ichimoku Cloud

Cloud Span A / Span B

$86.81 / $89.57Bearish
Donchian Channel (20)

20-period breakout channel position

59%Range

Momentum

RSI (14)

Neutral zone

50.0Range
MACD (12,26,9)

Histogram is positive

0.138Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

47.5 / 52.1Bearish
Williams %R (14)

Neutral zone

-52.5Range
CCI (20)

Balanced zone

15.6Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$1.78 (2.04%)Range
Bollinger Bands (20,2)

Width 8.91%

53%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$90.57 / $83.42Range
ATR channel lower / upper

Current Volatility Envelope

$85.41 / $88.97Range

Volume / Money Flow

MFI (14)

Money flow is weak

30.0Bearish
OBV slope

20-period OBV slope

-6.56%Bearish
Volume ratio

Relative to 20-period average volume

2.46xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$91.4Range
Support

Nearest Downside Decision Level

$81.9Range

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