(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 2024-06-05 View latest technical analysis
10 day averaged volume of Microchip Technology is 6503825
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 94.30 | 94.50 | 94.99 | 93.72 | 2.577 times |
| 04 Tue Jun 2024 | 94.00 | 95.14 | 95.62 | 93.70 | 1.243 times |
| 03 Mon Jun 2024 | 95.62 | 97.89 | 98.10 | 94.19 | 0.656 times |
| 31 Fri May 2024 | 97.23 | 96.49 | 97.40 | 93.77 | 1.139 times |
| 30 Thu May 2024 | 96.33 | 95.60 | 96.88 | 95.49 | 1.093 times |
| 29 Wed May 2024 | 95.56 | 96.06 | 97.49 | 95.45 | 1.157 times |
| 28 Tue May 2024 | 98.82 | 97.58 | 98.99 | 97.10 | 0.71 times |
| 23 Thu May 2024 | 98.14 | 99.98 | 100.30 | 97.05 | 1.129 times |
| 22 Wed May 2024 | 99.49 | 98.05 | 99.69 | 97.18 | 1.408 times |
| 21 Tue May 2024 | 95.78 | 94.40 | 96.11 | 94.25 | 0.566 times |
Stock of Microchip Technology (MCHP) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 92.6 or till 89.9. Use a stoploss of 94.95 and if the stock hits stoploss, then it can shoot up till 97.26
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 |
| Upside Target | 95.70 |
| Upside Target | 96.14 |
| Upside Target | 98.10 |
| Upside Target | 98.99 |
| Upside Target | 100.30 |
Intraday share price targets for Microchip Technology (MCHP)
| Target Type | Value |
| Downside Intraday Target | 92.63 |
| Downside Intraday Target | 90.97 |
| Upside Intraday Target | 97.03 |
| Upside Intraday Target | 99.77 |
| Upside Intraday Target | 95.37 |
Weekly technical analysis of Microchip Technology (MCHP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 94.30 | 97.89 | 98.10 | 93.70 | 1.092 times |
| 31 Fri May 2024 | 97.23 | 97.58 | 98.99 | 93.77 | 1.024 times |
| 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 |
Price has moved down 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 |
| 05 Wed Jun 2024 | 94.30 | 97.89 | 98.10 | 93.70 | 0.243 times |
| 31 Fri May 2024 | 97.23 | 90.43 | 100.30 | 87.49 | 1.097 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 |
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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Microchip Technology in short term but the sell signal is initial and weak.
Microchip Technology Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 96.29 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 positive
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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Microchip Technology in short term but the sell signal is initial and weak.
Microchip Technology Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 96.29 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.