We assign a technical rating of 6 out of 10 to MCHP. In the last year, MCHP was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, MCHP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
50.25
4 important support areas can be observed.
We can see 2 important resistance areas.
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 MCHP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MCHP is up. |
| ChartMill Relative Strength | 67.62 | NEUTRAL | MCHP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCHP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MCHP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MCHP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.48 | NEUTRAL | The RSI value for MCHP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests MCHP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.78 | NEUTRAL | The Stochastics value for MCHP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for MCHP suggests some volalility. |
| Average Directional Index/ADX (14) | 35.67 | POSITIVE | The high ADX value value for MCHP suggests a strong trend. |
NASDAQ:MCHP (12/22/2025, 9:47:07 AM)
66.025
+1.12 (+1.72%)
ChartMill assigns a technical rating of 6 / 10 to MCHP.
The current trend direction for MICROCHIP TECHNOLOGY INC (MCHP) is Bullish.
MICROCHIP TECHNOLOGY INC (MCHP) has an RSI value of 58.4844. This indicates that the stock is currently neutral.
The MACD indicator for MICROCHIP TECHNOLOGY INC (MCHP) has a value of 0.228712, indicating a bearish trend.
The short term momentum for MICROCHIP TECHNOLOGY INC (MCHP) is positive.