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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.

Showing technical analysis as on 2024-12-20 View latest technical analysis

10 day averaged volume of Microchip Technology is 8328950

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	55.51	55.87	57.07	55.27	3.237 times
19 Thu Dec 2024	55.99	56.26	57.71	55.90	0.889 times
18 Wed Dec 2024	56.14	58.79	59.76	55.92	1.208 times
17 Tue Dec 2024	58.29	58.93	59.75	58.04	1.145 times
16 Mon Dec 2024	59.08	57.94	59.57	57.94	1.347 times
13 Fri Dec 2024	59.93	61.00	61.34	59.74	1.067 times
12 Thu Dec 2024	61.50	61.03	62.04	60.68	0.567 times
11 Wed Dec 2024	61.52	62.50	62.70	61.01	0.678 times
10 Tue Dec 2024	61.92	61.49	62.01	60.44	1.029 times
09 Mon Dec 2024	61.87	59.50	62.70	59.10	1.016 times

Stock of Microchip Technology (MCHP) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58.5, but if it comes above 58.5, then a intra day buy could be more profitable.
If you take a sell trade below 58.5, then use 58.5 as stoploss and 53.5 as target. However if you take a buy trade in stock , then use 58.5 as stoploss and 62.77 as target.

Share price targets for Microchip Technology (MCHP)

Target Type	Value
Downside Target	55.27
Upside Target	59.10
Upside Target	62.63
Upside Target	66.89
Upside Target	70.92
Upside Target	71.76
Upside Target	72.67
Upside Target	73.15
Upside Target	77.20
Upside Target	80.33
Upside Target	81.64
Upside Target	89.59

Intraday share price targets for Microchip Technology (MCHP)

Target Type	Value
Downside Intraday Target	53.93
Downside Intraday Target	52.36
Upside Intraday Target	58.42
Upside Intraday Target	61.34
Upside Intraday Target	56.85

Weekly technical analysis of Microchip Technology (MCHP)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	55.51	57.94	59.76	55.27	1.796 times
13 Fri Dec 2024	59.93	59.50	62.70	59.10	4.134 times
26 Tue Nov 2024	68.41	70.75	70.92	67.73	0.442 times
26 Tue Nov 2024	68.41	67.75	71.10	67.26	0.511 times
22 Fri Nov 2024	66.69	63.18	66.89	62.96	1.004 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Microchip Technology (MCHP)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	55.51	59.50	62.70	55.27	0.68 times
26 Tue Nov 2024	68.41	73.59	77.20	62.63	1.314 times
31 Thu Oct 2024	73.37	79.99	80.33	72.67	0.857 times
30 Mon Sep 2024	80.29	80.27	81.64	73.15	0.817 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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.

Microchip Technology Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 58.34 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.