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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 2024-06-27 View latest technical analysis

10 day averaged volume of Microchip Technology is 5513250

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	89.43	89.65	90.05	88.30	1.032 times
26 Wed Jun 2024	90.05	88.96	90.33	88.70	0.834 times
25 Tue Jun 2024	89.15	89.61	89.80	88.17	0.837 times
24 Mon Jun 2024	89.18	90.83	91.46	89.00	0.866 times
21 Fri Jun 2024	91.58	89.61	92.03	88.75	1.775 times
20 Thu Jun 2024	89.02	92.50	92.77	88.36	1.579 times
18 Tue Jun 2024	93.45	90.80	93.69	90.20	0.898 times
18 Tue Jun 2024	93.45	90.80	93.69	90.20	0.898 times
17 Mon Jun 2024	91.02	91.40	91.40	89.89	0.923 times
14 Fri Jun 2024	91.35	91.42	92.51	90.62	0.7 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 90.2, but if it comes above 90.2, then a intra day buy could be more profitable.
If you take a sell trade below 90.2, then use 90.2 as stoploss and 87.5 as target. However if you take a buy trade in stock , then use 90.2 as stoploss and 92.51 as target.

Share price targets for Microchip Technology (MCHP)

Target Type	Value
Downside Target	79.94
Downside Target	84.57
Downside Target	86.43
Upside Target	93.69
Upside Target	94.19
Upside Target	94.63
Upside Target	96.24
Upside Target	98.10
Upside Target	100.30

Intraday share price targets for Microchip Technology (MCHP)

Target Type	Value
Downside Intraday Target	87.91
Downside Intraday Target	86.4
Upside Intraday Target	91.2
Upside Intraday Target	92.98
Upside Intraday Target	89.69

Weekly technical analysis of Microchip Technology (MCHP)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	89.43	90.83	91.46	88.17	0.839 times
21 Fri Jun 2024	91.58	90.80	93.69	88.36	2.335 times
18 Tue Jun 2024	93.45	91.40	93.69	89.89	0.455 times
14 Fri Jun 2024	91.35	92.16	96.24	90.62	0.475 times
07 Fri Jun 2024	92.85	97.89	98.10	92.33	1.742 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Microchip Technology (MCHP)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	89.43	97.89	98.10	88.17	1.015 times
31 Fri May 2024	97.23	90.43	100.30	87.49	1.097 times
30 Tue Apr 2024	91.98	89.74	94.63	80.90	0.936 times
28 Thu Mar 2024	89.71	84.70	94.19	84.57	0.97 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 Weak 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Microchip Technology is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 90.71 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.