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Archive
- 1/9/2026 -
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Microchip Technology (MCHP) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a third consecutive positive week for the Microchip Technology (MCHP). During the week, the MCHP gained 10.19 points, or 15.67%, and closed at 75.22 on Friday, January 9, 2026. On Friday MCHP has reached 76.06 - the highest level since July 25, 2025. Weekly volume was 17% above 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 downtrend resistance line (28.55) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. MCHP may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See MCHP medium-term trend chart]
A medium-term downtrend had started on July 10, 2025 at 77.20 and reached 48.52 on November 21, 2025. MCHP lost 28.68 points, or 37.15%, in 19 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (40.78) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. MCHP may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See MCHP weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. 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 above its signal line since December 19, 2025. The distance between MACD and the signal line is low, but getting bigger. 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 November 21, 2025 at 48.52 and reached 76.06 on January 9, 2026. MCHP gained -27.54 points, or -56.76%, in 49 days. Price is near the trend high.
 Daily Technical Indicators: [See MCHP daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic.
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 risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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 price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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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