(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 2024-08-02 View latest technical analysis
10 day averaged volume of Microchip Technology is 7850409
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 75.43 | 79.45 | 79.64 | 74.60 | 2.227 times |
| 01 Thu Aug 2024 | 84.37 | 87.50 | 89.59 | 83.04 | 1.79 times |
| 31 Wed Jul 2024 | 88.78 | 87.96 | 89.11 | 87.15 | 1.278 times |
| 30 Tue Jul 2024 | 86.54 | 88.59 | 89.14 | 86.31 | 0.885 times |
| 29 Mon Jul 2024 | 87.96 | 87.76 | 89.30 | 87.15 | 0.58 times |
| 26 Fri Jul 2024 | 86.83 | 86.97 | 87.71 | 85.38 | 0.712 times |
| 25 Thu Jul 2024 | 85.03 | 84.64 | 87.94 | 83.00 | 1.3 times |
| 24 Wed Jul 2024 | 86.57 | 89.72 | 89.90 | 86.44 | 0.999 times |
| 23 Tue Jul 2024 | 89.71 | 91.77 | 91.77 | 89.60 | 0.86 times |
| 22 Mon Jul 2024 | 93.12 | 91.17 | 93.23 | 89.82 | 0.859 times |
Stock of Microchip Technology (MCHP) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 79.5, for a target of 84.9 or 89.47
Share price targets for Microchip Technology (MCHP)
| Target Type | Value |
| Downside Target | 74.60 |
| Upside Target | 80.90 |
| Upside Target | 83.00 |
| Upside Target | 87.49 |
| Upside Target | 91.77 |
| Upside Target | 93.92 |
| Upside Target | 94.63 |
| Upside Target | 96.21 |
| Upside Target | 96.98 |
| Upside Target | 98.10 |
| Upside Target | 100.30 |
Intraday share price targets for Microchip Technology (MCHP)
| Target Type | Value |
| Downside Intraday Target | 70.16 |
| Downside Intraday Target | 64.88 |
| Upside Intraday Target | 85.15 |
| Upside Intraday Target | 94.86 |
| Upside Intraday Target | 79.87 |
Weekly technical analysis of Microchip Technology (MCHP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 75.43 | 87.76 | 89.59 | 74.60 | 1.429 times |
| 26 Fri Jul 2024 | 86.83 | 91.17 | 93.23 | 83.00 | 1.293 times |
| 19 Fri Jul 2024 | 88.77 | 92.49 | 96.98 | 88.68 | 1.113 times |
| 12 Fri Jul 2024 | 92.61 | 92.28 | 96.21 | 91.86 | 4.981 times |
| 05 Fri Jul 2024 | 92.14 | 92.28 | 93.92 | 91.77 | 0.366 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 |
| 02 Fri Aug 2024 | 75.43 | 87.50 | 89.59 | 74.60 | 0.238 times |
| 31 Wed Jul 2024 | 88.78 | 91.50 | 96.98 | 83.00 | 0.98 times |
| 28 Fri Jun 2024 | 91.50 | 97.89 | 98.10 | 88.17 | 1.128 times |
| 31 Fri May 2024 | 97.23 | 90.43 | 100.30 | 87.49 | 1.097 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Microchip Technology ( (MCHP) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Strong 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 getting stronger in this stock.
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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 84.95 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.
Price action analysis of Microchip Technology ( (MCHP) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Microchip Technology ( (MCHP) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Strong 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 getting stronger in this stock.
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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 84.95 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.