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Semiconductors Industry Stocks Technical Analysis - MCHPArchive
- 3/21/2025 -
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Microchip Technology (MCHP) Technical Analysis
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| Summary:
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| | It was the negative week for the Microchip Technology (MCHP). During the week, the MCHP dropped -1.77 points, or -3.31%, and closed at 51.72 on Friday, March 21, 2025. Weekly volume was 69% above average.
MCHP is a member of Information Technology Sector. Information Technology is the 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 May 24, 2024 at 100.57 and reached 49.92 on March 21, 2025. MCHP lost 50.65 points, or 50.36%, in 43 weeks. Price is near the trend low.
 Medium-term trend: [See MCHP medium-term trend chart]
A medium-term downtrend had started on February 20, 2025 at 65.34 and reached 49.92 on March 21, 2025. MCHP lost 15.42 points, or 23.60%, in 4 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 44.70 and resistance is at 53.75. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See MCHP weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 Williams' Percentage Range help.
The weekly MACD line is above its signal line since February 21, 2025. 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 March 17, 2025 at 55.71 and reached 49.92 on March 21, 2025. MCHP lost 5.79 points, or 10.39%, in 4 days. The price is now at the 31.09% retracement level.
Daily Technical Indicators: [See MCHP daily technical indicators chart]
Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence.
The daily MACD line is below its signal line since March 7, 2025. This is an indication that the short-term trend is down.
During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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.
 Candlestick pattern: [See MCHP candlestick chart pattern]
On Friday the chart has formed a Bullish Piercing Line Candlestick pattern. This pattern suggests bulls have begun to take charge of the market, and shorts have been shaken by the sudden lost of bearish momentum. The reliability of the Bullish Piercing Line pattern is moderate. Use the Technical Stock Screener to see the list of stocks that had a Bullish Piercing Line Candlestick pattern during the last week.
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