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(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 2024-07-30 View latest technical analysis

10 day averaged volume of Microchip Technology is 6614542

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	86.54	88.59	89.14	86.31	1.05 times
29 Mon Jul 2024	87.96	87.76	89.30	87.15	0.689 times
26 Fri Jul 2024	86.83	86.97	87.71	85.38	0.845 times
25 Thu Jul 2024	85.03	84.64	87.94	83.00	1.543 times
24 Wed Jul 2024	86.57	89.72	89.90	86.44	1.186 times
23 Tue Jul 2024	89.71	91.77	91.77	89.60	1.02 times
22 Mon Jul 2024	93.12	91.17	93.23	89.82	1.019 times
19 Fri Jul 2024	88.77	91.65	91.78	88.68	0.874 times
18 Thu Jul 2024	91.52	92.61	93.31	90.28	0.889 times
17 Wed Jul 2024	91.52	94.07	96.98	91.40	1.39 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 88, but if it comes above 88, then a intra day buy could be more profitable.
If you take a sell trade below 88, then use 88 as stoploss and 84.4 as target. However if you take a buy trade in stock , then use 88 as stoploss and 91 as target.

Share price targets for Microchip Technology (MCHP)

Target Type	Value
Downside Target	80.90
Downside Target	83.00
Downside Target	86.31
Upside Target	91.77
Upside Target	93.92
Upside Target	94.19
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	85.47
Downside Intraday Target	84.39
Upside Intraday Target	88.46
Upside Intraday Target	90.37
Upside Intraday Target	87.38

Weekly technical analysis of Microchip Technology (MCHP)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	86.54	87.76	89.30	86.31	0.31 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
30 Tue Jul 2024	86.54	91.50	96.98	83.00	0.906 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
30 Tue Apr 2024	91.98	89.74	94.63	80.90	0.936 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Microchip Technology ( (MCHP) ) based on a short 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 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 weakening, and bulls are picking up momentum!

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 but selling is losing 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 88.65 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.