We assign a technical rating of 7 out of 10 to MCHPP. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MCHPP is a bad performer.
Besides having an excellent technical rating, MCHPP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 67.83. Right above this resistance zone may be a good entry point.
49.65
3 important support areas can be observed.
2 important resistance areas can be observed.
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 MCHPP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MCHPP is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | MCHPP has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCHPP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MCHPP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MCHPP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.56 | NEUTRAL | The RSI value for MCHPP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests MCHPP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.86 | OVERBOUGHT | The high Stochastics value suggests MCHPP may be overbought. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for MCHPP suggests some volalility. |
| Average Directional Index/ADX (14) | 33.84 | POSITIVE | The high ADX value value for MCHPP suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 67.84 | 60.77 | 7.07 (10.42%) | 9.60% |
| An entry @67.84. This is a Buy Stop order right above the resistance zone. | An exit @60.77. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 7.07 points, which is 10.42%. | For a 1.00% total portfolio risk, you can invest 9.60% of your capital in this trade. |
MICROCHIP TECHNOLOGY INC - MCHP 7 1/2 03/15/28
NASDAQ:MCHPP (1/16/2026, 8:00:01 PM)
67.16
+0.46 (+0.69%)
ChartMill assigns a technical rating of 7 / 10 to MCHPP.
The current trend direction for MICROCHIP TECHNOLOGY INC - MCHP 7 1/2 03/15/28 (MCHPP) is Bullish.
MICROCHIP TECHNOLOGY INC - MCHP 7 1/2 03/15/28 (MCHPP) has an RSI value of 67.5555. This indicates that the stock is currently neutral.
The MACD indicator for MICROCHIP TECHNOLOGY INC - MCHP 7 1/2 03/15/28 (MCHPP) has a value of 0.304297, indicating a bearish trend.
The buy/sell signal for MICROCHIP TECHNOLOGY INC - MCHP 7 1/2 03/15/28 (MCHPP) is buy as both the short term and long term trends are positive.