


Technical Sentiment Analysis for Microchip Technology Inc (MCHP) As of 2026-05-29, Microchip Technology Inc (MCHP) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 6 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MCHP stands at 55.708, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 2.929, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 44.232 and the Commodity Channel Index (CCI) at -15.529 further confirm a -2.39 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, MCHP is trading above its 60-day moving average of $79.643 and above its 200-day long-term moving average of $70.587. Key price levels to watch include the immediate resistance at $99.952 and strong support at $88.86. A break above $99.952 could signal a bull continuation, while falling below $88.86 may test the next Fibonacci floor at $83.464.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 77.769 | 83.464 | 88.86 | 94.555 | 99.952 | 105.647 | 111.043 |
| Fibonacci | 83.464 | 87.701 | 90.318 | 94.555 | 98.792 | 101.41 | 105.647 |
2026-05-29
| Name | Value |
|---|---|
| RSI_14 | 55.708 |
| STOCHk_14_3_3 | 44.232 |
| STOCHd_14_3_3 | 44.141 |
| CCI_20 | -15.529 |
| AO_5_34 | 5.646 |
| MOM_10 | -2.39 |
| MACD_12_26_9 | 2.929 |
2026-05-29
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 95.804 | Sell |
| MA_10 | 94.257 | Buy |
| MA_20 | 96.218 | Sell |
| MA_60 | 79.643 | Buy |
| MA_200 | 70.587 | Buy |
| MA_250 | 70.343 | Buy |