(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 2024-03-04 View latest technical analysis
10 day averaged volume of Microchip Technology is 5073890
Date | Daily Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 86.92 | 87.44 | 87.96 | 86.79 | 0.932 times |
01 Fri Mar 2024 | 87.00 | 84.70 | 87.85 | 84.57 | 1.175 times |
29 Thu Feb 2024 | 84.14 | 83.36 | 84.25 | 83.00 | 1.228 times |
28 Wed Feb 2024 | 82.18 | 81.25 | 82.71 | 81.00 | 0.977 times |
27 Tue Feb 2024 | 82.94 | 83.05 | 84.23 | 82.93 | 0.884 times |
26 Mon Feb 2024 | 82.90 | 83.81 | 83.82 | 82.70 | 0.594 times |
23 Fri Feb 2024 | 82.84 | 83.81 | 83.90 | 82.36 | 0.774 times |
22 Thu Feb 2024 | 83.90 | 84.07 | 84.65 | 82.24 | 1.404 times |
21 Wed Feb 2024 | 83.48 | 82.00 | 83.50 | 81.48 | 1.052 times |
20 Tue Feb 2024 | 82.40 | 80.40 | 82.51 | 80.38 | 1.114 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 87.2, for a target of 85.2 or 83.49
Share price targets for Microchip Technology (MCHP)
Target Type | Value |
Downside Target | 68.75 |
Downside Target | 79.94 |
Downside Target | 84.57 |
Downside Target | 86.43 |
Downside Target | 86.79 |
Upside Target | 87.85 |
Upside Target | 87.96 |
Upside Target | 92.71 |
Upside Target | 94.14 |
Intraday share price targets for Microchip Technology (MCHP)
Target Type | Value |
Downside Intraday Target | 86.49 |
Downside Intraday Target | 86.05 |
Upside Intraday Target | 87.66 |
Upside Intraday Target | 88.39 |
Upside Intraday Target | 87.22 |
Weekly technical analysis of Microchip Technology (MCHP)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 86.92 | 87.44 | 87.96 | 86.79 | 0.192 times |
01 Fri Mar 2024 | 87.00 | 83.81 | 87.85 | 81.00 | 1.118 times |
23 Fri Feb 2024 | 82.84 | 80.40 | 84.65 | 80.38 | 0.644 times |
16 Fri Feb 2024 | 81.61 | 85.50 | 86.04 | 79.94 | 1.13 times |
09 Fri Feb 2024 | 85.44 | 85.07 | 86.43 | 82.42 | 0.926 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 |
04 Mon Mar 2024 | 86.92 | 84.70 | 87.96 | 84.57 | 0.089 times |
29 Thu Feb 2024 | 84.14 | 85.45 | 86.43 | 79.94 | 1.01 times |
31 Wed Jan 2024 | 85.18 | 89.14 | 92.71 | 81.72 | 1.274 times |
29 Fri Dec 2023 | 90.18 | 83.11 | 94.14 | 82.84 | 0.834 times |
Scroll below to view daily charts
Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Microchip Technology ( (MCHP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Microchip Technology ( (MCHP) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Microchip Technology in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Microchip Technology Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Microchip Technology in short term and BUY 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 83.97 and Microchip Technology (MCHP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Microchip Technology ( (MCHP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Microchip Technology ( (MCHP) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Microchip Technology in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Microchip Technology Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Microchip Technology in short term and BUY 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 83.97 and Microchip Technology (MCHP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.