MICROCHIP TECHNOLOGY INC (MCHP) Stock Technical Analysis
NASDAQ:MCHP - Nasdaq - US5950171042 - Common Stock
We assign a technical rating of 1 out of 10 to MCHP. MCHP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, MCHP is a bad performer in the overall market: 91% of all stocks are doing better.
MCHP is part of the Semiconductors & Semiconductor Equipment industry. There are 109 other stocks in this industry, of which 86% are performing better than MCHP.
MCHP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MCHP has a been trading in the 54.47 - 59.86 range, which is quite wide. It is currently trading near the high of this range.
MCHP has an average volume of 8413900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MCHP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 58.52. Right above this resistance zone may be a good entry point.
More info and screens
54.63
67.78
We found 2 important support areas.
- A support zone ranging from 58.15 to 58.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 55.18 to 55.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @67.11 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.67
Mansfield-3.37
10 Day High59.86
10 Day Low54.47
20 Day High59.86
20 Day Low54.47
52 Week High100.57
52 Week Low54.47
Performance
1 Week4.65%
2 Weeks1.46%
1 Month4.22%
3 Month-23.31%
6 Month-32.62%
12 Month-32.69%
2 Year-24.62%
3 Year-24.48%
5 Year20.05%
10 Year159.47%
15 Year353.39%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.52
RSI(14)49.01
LBB55.27
UBB58.85
MICROCHIP TECHNOLOGY INC
NASDAQ:MCHP (1/22/2025, 10:23:08 AM)
58.83
+0.32 (+0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.55%
1 Week4.65%
2 Weeks1.46%
1 Month4.22%
3 Month-23.31%
6 Month-32.62%
12 Month-32.69%
2 Year-24.62%
3 Year-24.48%
5 Year20.05%
10 Year159.47%
15 Year353.39%
Volatility
ATR(14)1.81
ATR(20)%2.97%
ATR Inc32.15%
Range Today0.8
ADR(20)1.61
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.67
Mansfield-3.37
10 Day High59.86
10 Day Low54.47
20 Day High59.86
20 Day Low54.47
52 Week High100.57
52 Week Low54.47
CS1 End58.15
CR1 Start58.52
Volume & EV
DER(3)-2.85%
DER(5)-1.84%
Volume675.41K
Volume Incr-10.86%
Vol(5)7.64M
Vol(50)8.41M