|
|
Semiconductors Industry Stocks Technical Analysis - MCHPArchive
- 4/10/2026 -
Sign In to see current Signals. |
Microchip Technology (MCHP) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Microchip Technology (MCHP). During the week, the MCHP gained 5.96 points, or 9.09%, and closed at 71.56 on Friday, April 10, 2026. It was the best weekly gain since January 9, 2026. Weekly volume was -8% below average.
 Long-term trend: [See MCHP long-term trend chart]
A long-term downtrend had started on February 17, 2021 at 166.67 and reached 34.13 on April 7, 2025. MCHP lost 132.54 points, or 79.52%, in 215 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (26.74) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. MCHP may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See MCHP medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 34.13 and reached 83.35 on February 12, 2026. MCHP gained -49.22 points, or -144.21%, in 44 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 57.03 and resistance is at 84.95. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See MCHP weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The weekly MACD line is below its signal line since March 6, 2026. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See MCHP short-term trend chart]
A short-term downtrend had started on February 12, 2026 at 83.35 and reached 59.31 on March 30, 2026. MCHP lost 24.04 points, or 28.84%, in 46 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (57.80) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. MCHP may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
 Daily Technical Indicators: [See MCHP daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Use the following link to access Williams' Percentage Range help.
The daily MACD line is above its signal line since March 30, 2026.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|