Microchip Technology Inc. (MCHP) Technical Analysis

$56.88▲-0.82%

Market is closed - opens 8 PM, 03 Jan 2025

Insights

Microchip Technology is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for Microchip Technology stock suggests that it is range bound and no decision can be made based on this information
Based on analysis of the Moving Averages technical indicator, Microchip Technology stock is in a downtrend↘️
Based on analysis of the Pivot Points, the current market trend for Microchip Technology stock suggests that it is a good time to sell or bad time to initiate a fresh position

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	36.72	Neutral
Stochastic	27.99, 31.4	Neutral
Ultimate Oscillator	45.62	Neutral
Stochastic Relative Strength Index	80.95, 88.82	Sell
Moving Average Convergence Divergence	-2.61, -2.9	Neutral

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	57.36	Sell
20	59.2	Sell
50	66.36	Sell

Exponential Moving Average

Period (Days)	Value	Action
10	58.08	Sell
20	59.83	Sell
50	64.82	Sell

Volume Weighted Moving Average

Period (Days)	Value	Action
10	57.2	Neutral
20	59.32	Neutral
50	65.13	Sell

Double Exponential Moving Average

Period (Days)	Value	Action
10	56.87	Buy
20	56.16	Sell
50	58.55	Sell

Triple Exponential Moving Average

Period (Days)	Value	Action
10	57.44	Buy
20	56.3	Buy
50	55.53	Sell

Pivot

Pivot	Value
Resistance L3	58.6
Resistance L2	58.15
Resistance L1	57.64
Pivot Point	57.19
Support L1	56.67
Support L2	56.22
Support L3	55.71

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.