(MCHP) Microchip Technology complete technical analysis [charts+indicators] | Buy/Sell Microchip Technology | (MCHP) share price targets
Complete technical analysis of Microchip Technology (MCHP) by charts plus indicators, forecast predictions and share price targets for Microchip Technology (MCHP)
Microchip Technology trades in USA in Technology sector.
Showing technical analysis as on 2024-02-20 View latest technical analysis
10 day averaged volume of Microchip Technology is 6449710
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Feb 2024 | 82.40 | 80.40 | 82.51 | 80.38 | 0.877 times |
| 16 Fri Feb 2024 | 81.61 | 82.41 | 83.10 | 81.08 | 0.629 times |
| 15 Thu Feb 2024 | 82.51 | 81.08 | 82.91 | 80.81 | 1.29 times |
| 14 Wed Feb 2024 | 80.58 | 81.14 | 81.63 | 79.94 | 1.305 times |
| 13 Tue Feb 2024 | 80.67 | 81.71 | 82.06 | 79.95 | 1.227 times |
| 12 Mon Feb 2024 | 83.95 | 85.50 | 86.04 | 83.89 | 0.854 times |
| 09 Fri Feb 2024 | 85.44 | 85.06 | 86.01 | 84.67 | 0.761 times |
| 08 Thu Feb 2024 | 84.35 | 83.40 | 85.29 | 82.96 | 0.952 times |
| 07 Wed Feb 2024 | 83.31 | 84.10 | 84.11 | 82.42 | 0.894 times |
| 06 Tue Feb 2024 | 83.25 | 85.59 | 85.66 | 83.01 | 0.977 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 82 as stoploss in an intra day buy trade for a target of 85.05. However, stock will show a bearish move below 82.
Share price targets for Microchip Technology (MCHP)
| Target Type | Value |
| Downside Target | 68.75 |
| Downside Target | 79.94 |
| Upside Target | 85.13 |
| Upside Target | 86.04 |
| Upside Target | 86.43 |
| Upside Target | 86.67 |
| Upside Target | 87.25 |
| Upside Target | 92.71 |
| Upside Target | 94.14 |
Intraday share price targets for Microchip Technology (MCHP)
| Target Type | Value |
| Downside Intraday Target | 81.02 |
| Downside Intraday Target | 79.63 |
| Upside Intraday Target | 83.15 |
| Upside Intraday Target | 83.89 |
| Downside Intraday Target | 81.76 |
Weekly technical analysis of Microchip Technology (MCHP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Feb 2024 | 82.40 | 80.40 | 82.51 | 80.38 | 0.165 times |
| 16 Fri Feb 2024 | 81.61 | 85.50 | 86.04 | 79.94 | 1.13 times |
| 09 Fri Feb 2024 | 85.44 | 85.07 | 86.43 | 82.42 | 0.926 times |
| 02 Fri Feb 2024 | 84.29 | 86.92 | 87.25 | 82.40 | 1.168 times |
| 26 Fri Jan 2024 | 86.92 | 90.00 | 92.71 | 86.67 | 1.172 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Microchip Technology (MCHP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Tue Feb 2024 | 82.40 | 85.45 | 86.43 | 79.94 | 0.716 times |
| 31 Wed Jan 2024 | 85.18 | 89.14 | 92.71 | 81.72 | 1.274 times |
| 29 Fri Dec 2023 | 90.18 | 83.11 | 94.14 | 82.84 | 0.834 times |
| 30 Thu Nov 2023 | 83.44 | 70.51 | 85.13 | 68.75 | 1.19 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Microchip Technology (MCHP)
Price action analysis of Microchip Technology ( (MCHP) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Microchip Technology ( (MCHP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Microchip Technology ( (MCHP) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Microchip Technology ( (MCHP) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Microchip Technology stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Microchip Technology in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Microchip Technology Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Microchip Technology in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Microchip Technology is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 82.63 and Microchip Technology (MCHP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Microchip Technology (MCHP) stock. Volume based technical analysis of Microchip Technology (MCHP) stock is negative.
Microchip Technology Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Microchip Technology ( (MCHP) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Microchip Technology ( (MCHP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Microchip Technology ( (MCHP) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Microchip Technology ( (MCHP) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Microchip Technology stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Microchip Technology in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Microchip Technology Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Microchip Technology in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Microchip Technology is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 82.63 and Microchip Technology (MCHP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Microchip Technology (MCHP) stock. Volume based technical analysis of Microchip Technology (MCHP) stock is negative.
Microchip Technology Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.