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Archive
- 5/23/2025 -
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Microchip Technology (MCHP) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Microchip Technology (MCHP). During the week, the MCHP dropped -5.02 points, or -8.20%, and closed at 56.19 on Friday, May 23, 2025. MCHP was trading at average weekly trading volume.
MCHP is a member of Information Technology Sector. Information Technology is the most overbought 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 34.13 on April 7, 2025. MCHP lost 66.44 points, or 66.06%, in 45 weeks. The price is now at the 33.20% retracement level.
 Medium-term trend: [See MCHP medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 34.13 and reached 63.12 on May 13, 2025. MCHP gained -28.99 points, or -84.94%, in 5 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See MCHP weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since May 2, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 May 13, 2025 at 63.12 and reached 54.54 on May 23, 2025. MCHP lost 8.58 points, or 13.59%, in 10 days. The price is now at the 19.23% retracement level.
Daily Technical Indicators: [See MCHP daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish 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 link to access Lane's Stochastic help.
The daily MACD line is above its signal line since April 17, 2025. The distance between MACD and the signal line is low and getting smaller.
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 121.87% higher then one year average. It indicates the period of high 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.
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