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Semiconductors Industry Stocks Technical Analysis - MCHP

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- 2/20/2026 -
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Microchip Technology (MCHP) Technical Analysis

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Summary:
Weekly :Relative Strength Index and Lane's Stochastic are overboughtOversold sectorBroken trend resistance line
Daily :The price has fallen below the Parabolic SARPrice is near the Fibonacci 23.6% retracement levelThe period of low volatility of the stock price
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It was the negative week for the Microchip Technology (MCHP). During the week, the MCHP dropped -0.83 points, or -1.06%, and closed at 77.73 on Friday, February 20, 2026. It was the worst weekly loss since December 19, 2025. Weekly volume was -30% below average.

MCHP is a member of Information Technology Sector. Information Technology is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

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 (27.74) is broken. A broken support is considered to be a long-term bullish signal. 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 November 21, 2025 at 48.52 and reached 83.35 on February 12, 2026. MCHP gained -34.83 points, or -71.78%, in 11 weeks. The price is now at the 16.14% retracement level.

Weekly Technical Indicators: [See MCHP weekly technical indicators chart]
Weekly Relative Strength Index and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and 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 links to access Lane's Stochastic and Relative Strength Index help.

The weekly MACD line is above its signal line since December 19, 2025. This is an indication that the medium-term trend is up. 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 76.03 on February 19, 2026. MCHP lost 7.32 points, or 8.78%, in 7 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See MCHP daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since January 29, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

The distance between the Bollinger Bands is falling, and it was 9.42% on Friday. It is 60.65% lower than one year average. It indicates the period of low volatility of the stock price. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 54.40
Williams' Percentage Range (W%R) 70.90
Lane's Stochastic (%D-Slow) 49.20
Greed/Fear Indicator (GFI) 44.22
Moving Average Converg./Diverg. (MACD) 2.03
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 83.08
Overbought
Williams' Percentage Range (W%R) 20.30
Lane's Stochastic (%D-Slow) 84.00
Overbought
Greed/Fear Indicator (GFI) 76.57
Moving Average Converg./Diverg. (MACD) 1.94
Trading Signals
Description Value Chart
Parabolic System 83.29
Upper Bollinger Band 80.50
Weekly Stochastic Crossing 79.76
Daily Stochastic Crossing 78.79
Price 77.73
20 Day Moving Average 77.48
Lower Bollinger Band 73.19
50 Day Moving Average 72.55
Yearly Trendline Resistance 65.63
Sector and Industry
Description Name Rank
Sector Information Technology 2
Industry Semiconductors 38
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 83.35
High Date 02/12/2026
Low 76.03
Low Date 02/19/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 73.38
Low Date 02/06/2026
High 83.35
High Date 02/12/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 48.52
Low Date 11/21/2025
High 83.35
High Date 02/12/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 34.13
Low Date 04/07/2025
High 83.35
High Date 02/12/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 65.63
Support 27.74
High 166.67
High Date 02/17/2021
Low 34.13
Low Date 04/07/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.