(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.
10 day averaged volume of Microchip Technology is 5009673
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 98.14 | 99.98 | 100.30 | 97.05 | 1.466 times |
| 22 Wed May 2024 | 99.49 | 98.05 | 99.69 | 97.18 | 1.828 times |
| 21 Tue May 2024 | 95.78 | 94.40 | 96.11 | 94.25 | 0.735 times |
| 20 Mon May 2024 | 96.46 | 94.47 | 97.59 | 94.30 | 1.167 times |
| 17 Fri May 2024 | 94.33 | 94.56 | 94.62 | 93.48 | 0.71 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 99.2, for a target of 96.1 or 93.47
Share price targets for Microchip Technology (MCHP)
| Target Type | Value |
| Downside Target | 79.94 |
| Downside Target | 84.57 |
| Downside Target | 86.43 |
| Downside Target | 89.82 |
| Downside Target | 92.14 |
| Downside Target | 94.25 |
| Downside Target | 94.63 |
| Downside Target | 95.70 |
| Downside Target | 96.14 |
| Upside Target | 100.30 |
Intraday share price targets for Microchip Technology (MCHP)
| Target Type | Value |
| Downside Intraday Target | 94.83 |
| Downside Intraday Target | 91.51 |
| Upside Intraday Target | 100.88 |
| Upside Intraday Target | 103.61 |
| Downside Intraday Target | 97.56 |
Weekly technical analysis of Microchip Technology (MCHP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 98.14 | 94.47 | 100.30 | 94.25 | 1.238 times |
| 17 Fri May 2024 | 94.33 | 92.38 | 95.70 | 92.14 | 0.795 times |
| 10 Fri May 2024 | 91.50 | 91.67 | 96.14 | 89.82 | 0.832 times |
| 03 Fri May 2024 | 91.36 | 92.88 | 93.98 | 87.49 | 1.108 times |
| 26 Fri Apr 2024 | 93.60 | 82.32 | 94.63 | 81.68 | 1.156 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 |
| 23 Thu May 2024 | 98.14 | 90.43 | 100.30 | 87.49 | 0.853 times |
| 30 Tue Apr 2024 | 91.98 | 89.74 | 94.63 | 80.90 | 0.936 times |
| 28 Thu Mar 2024 | 89.71 | 84.70 | 94.19 | 84.57 | 0.97 times |
| 29 Thu Feb 2024 | 84.14 | 85.45 | 86.43 | 79.94 | 1.036 times |
Price has moved up 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 42, 12, 56 | Buy |
| MACD | 4, 3 | Buy |
| Stochastics | 84 | Buy |
| CCI | 134 | Sell |
| RSI | 55 | Buy |
| OBV | 13343417 | Sell |
| VWAP | 96 | Buy |
| ADL | 0 | Sell |
| ROC | 7 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Microchip Technology ( (MCHP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Microchip Technology ( (MCHP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Microchip Technology ( (MCHP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Microchip Technology ( (MCHP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Microchip Technology stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Microchip Technology in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Microchip Technology Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Microchip Technology in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 95.95 and Microchip Technology (MCHP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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