Europe - BIT:1MCHP - US5950171042 - Common Stock
We assign a technical rating of 3 out of 10 to 1MCHP. In the last year, 1MCHP was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, 1MCHP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
54.22
When analyzing the support we notice one important area.
We found 1 important resistance area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment | 
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 1MCHP.MI is up. | 
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1MCHP.MI is up. | 
| ChartMill Relative Strength | 0 | NEGATIVE | 1MCHP.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. | 
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of 1MCHP.MI is above a declining SMA(20). | 
| Relative Strength Index/RSI (14) | 47.62 | NEUTRAL | The RSI value for 1MCHP.MI is a neutral value. | 
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.14 | NEGATIVE | The MACD value suggests 1MCHP.MI has a negative trend, although the MACD value is rising. | 
| Stochastics (14,3) | 79.87 | NEUTRAL | The Stochastics value for 1MCHP.MI is a neutral value. | 
| Average True Range in percent/ATR (20) | 9.42 | HIGH VOLATILITY | The high ATR as a percentage value for 1MCHP.MI suggests high volalility. | 
| Average Directional Index/ADX (14) | 17.01 | NEGATIVE | The low ADX value for 1MCHP.MI suggests a weak or negative trend. | 
BIT:1MCHP (10/9/2025, 7:00:00 PM)
56.78
+2 (+3.65%)
ChartMill assigns a technical rating of 3 / 10 to 1MCHP.MI.
The current trend direction for MICROCHIP TECHNOLOGY INC (1MCHP.MI) is Bullish.
MICROCHIP TECHNOLOGY INC (1MCHP.MI) has an RSI value of 47.6229. This indicates that the stock is currently neutral.
The buy/sell signal for MICROCHIP TECHNOLOGY INC (1MCHP.MI) is buy as both the short term and long term trends are positive.
MICROCHIP TECHNOLOGY INC (1MCHP.MI) has a support level at 54.77 and a resistance level at 60.55. Check the full technical report for our detailed analysis of 1MCHP.MI support and resistance levels.