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(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 5089481

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 94.24 94.96 95.70 94.14 1.044 times
15 Wed May 2024 95.36 94.59 95.70 93.96 0.974 times
14 Tue May 2024 93.86 92.72 94.07 92.72 0.749 times
13 Mon May 2024 92.54 92.38 93.45 92.14 0.666 times
10 Fri May 2024 91.50 92.14 92.40 90.85 0.599 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 94.4 as stoploss in an intra day sell trade for a target of 90.97. However, stock will show a bullish move above 94.4.

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 93.98
Downside Target 94.19
Upside Target 94.63
Upside Target 95.70
Upside Target 96.14

Intraday share price targets for Microchip Technology (MCHP)

Target Type Value
Downside Intraday Target 92.35
Downside Intraday Target 90.47
Upside Intraday Target 95.91
Upside Intraday Target 97.59
Downside Intraday Target 94.03

Weekly technical analysis of Microchip Technology (MCHP)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 94.24 92.38 95.70 92.14 0.66 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
19 Fri Apr 2024 81.68 87.71 87.84 80.90 1.031 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
16 Thu May 2024 94.24 90.43 96.14 87.49 0.582 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 34, 18, 30 Buy
MACD 3, 2Buy
Stochastics 78Buy
CCI 113Sell
RSI 51Buy
OBV 10469806Sell
VWAP 93Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

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 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 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 stronger in this stock.

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Microchip Technology is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 92.84 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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