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Semiconductors Industry Stocks Technical Analysis - MCHP

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- 4/17/2025 -
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Microchip Technology (MCHP) Technical Analysis

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Summary:
Weekly :Oversold sectorWilliams' Percentage Range and Lane's Stochastic are oversoldLane's Stochastic bullish divergence
Daily :The period of high volatility of the stock price
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It was the negative week for the Microchip Technology (MCHP). During the week, the MCHP gave back -0.15 points, or -0.39%, and closed at 38.56 on Thursday, April 17, 2025. Weekly volume was 24% 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 34.13 on April 7, 2025. MCHP lost 66.44 points, or 66.06%, in 45 weeks. The price is now at the 6.67% retracement level.

Medium-term trend: [See MCHP medium-term trend chart]
A medium-term downtrend had started on February 20, 2025 at 65.34 and reached 34.13 on April 7, 2025. MCHP lost 31.21 points, or 47.77%, in 6 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 27.24 and resistance is at 42.12. 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 and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. 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 below its signal line since March 28, 2025. This is an indication that the medium-term trend is down. 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 April 9, 2025 at 45.58 and reached 35.49 on April 11, 2025. MCHP lost 10.09 points, or 22.14%, in 2 days. The price is now at the 30.43% retracement 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 March 7, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

The distance between the Bollinger Bands is 268.04% 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 35.70
Williams' Percentage Range (W%R) 77.60
Lane's Stochastic (%D-Slow) 33.86
Greed/Fear Indicator (GFI) 30.64
Moving Average Converg./Diverg. (MACD) -3.99
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 32.48
Williams' Percentage Range (W%R) 87.70
Oversold
Lane's Stochastic (%D-Slow) 14.20
Oversold Bullish
Greed/Fear Indicator (GFI) 22.16
Moving Average Converg./Diverg. (MACD) -6.57 Bullish
Trading Signals
Description Value Chart
Upper Bollinger Band 56.07
50 Day Moving Average 51.42
20 Day Moving Average 44.12
Monthly Trendline Resistance 42.12
Price 38.56
Daily Stochastic Crossing 38.12
Weekly Stochastic Crossing 37.76
Parabolic System 36.21
Lower Bollinger Band 31.03
Sector and Industry
Description Name Rank
Sector Information Technology 1
Industry Semiconductors 33
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 45.58
High Date 04/09/2025
Low 35.49
Low Date 04/11/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 45.58
High Date 04/09/2025
Low 35.49
Low Date 04/11/2025
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 42.12
Support 27.24
High 65.34
High Date 02/20/2025
Low 34.13
Low Date 04/07/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 100.57
High Date 05/24/2024
Low 34.13
Low Date 04/07/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 54.33
Low Date 07/05/2022
High 100.57
High Date 05/24/2024
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.