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Semiconductors Industry Stocks Technical Analysis - MCHPArchive - 8/22/2025 - Sign In to see current Signals. |
Microchip Technology (MCHP) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was a second positive week after 3 consecutive negative weeks for the Microchip Technology (MCHP). During the week, the MCHP gained 3.43 points, or 5.22%, and closed at 69.14 on Friday, August 22, 2025. Weekly volume was -14% below average.
Long-term trend: [See MCHP long-term trend chart] A long-term downtrend had started on February 17, 2021 at 166.67 and reached 34.13 on April 7, 2025. MCHP lost 132.54 points, or 79.52%, in 215 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 31.36 and resistance is at 75.59. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a long-term trend.
Medium-term trend: [See MCHP medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 34.13 and reached 77.20 on July 10, 2025. MCHP gained -43.07 points, or -126.19%, in 13 weeks. The price is now at the 18.71% retracement 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 low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See MCHP short-term trend chart] A short-term uptrend had started on August 11, 2025 at 60.84 and reached 70.70 on August 22, 2025. MCHP gained -9.86 points, or -16.21%, in 11 days. The price is now at the 15.82% retracement level.
Daily Technical Indicators: [See MCHP daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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. Price is close to the 50 Day Moving Average. 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.
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