MCHP technical analysis
MCHP Technical Analysis
Analysis date
August 4, 2026
Market
NasdaqGS (USD)
Daily cutoff
August 3, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
MCHP Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- MCHP
- Market
- NasdaqGS
- Currency
- USD (US Dollar)
- Latest completed bar
- August 3, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 75.22 | August 3, 2026 | - | Verified |
| Verification series | 75.22 | August 3, 2026 | 0.00% | Verified |
Bottom line
MCHP Technical Analysis Summary
MCHP shows a sharply corrective picture at the August 3, 2026 cutoff. The daily close of 75.22 is below SMA20 (81.27) and SMA50 (88.50), holding only slightly above SMA200 (74.98), after a 26.55% decline over the trailing 60 sessions from the 105.38 high. Daily RSI14 at 38.85 is weak but not oversold, and the MACD line at -4.08 sits below its signal at -3.49 with a negative histogram, confirming bearish daily momentum. The weekly chart has also deteriorated: price at 74.29 has broken below the weekly SMA20 (84.02) after a 15.51% five-week decline, and the weekly MACD histogram is deeply negative at -2.38 even though the MACD line stays above zero. Key support is a confluence near the daily SMA200 at 74.98 and the 20-day and 60-day low at 71.24; a sustained close below 71.24 would point toward the 59.01 weekly low. Resistance stands at SMA20 near 81.27, with the 20-day high at 90.85 above it. A reclaim of SMA20 would be the first sign of stabilization, while the 52-week position near 47% on the daily chart shows the intermediate-term advance has been meaningfully eroded.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 3, 2026)
- Trend
- Mixed to bearish. Price at 75.22 is below SMA20 (81.27) and SMA50 (88.50), while holding only slightly above SMA200 (74.98). The declining SMA20 and SMA50 reflect an ongoing pullback that has erased a large part of the advance from the 105.38 high, with price now testing the longer-term support zone.
- Momentum
- Bearish. RSI14 at 38.85 is in weak territory but has not reached oversold levels. MACD at -4.08 is below its signal at -3.49 with a negative histogram of -0.59, confirming sustained downside momentum on the daily chart.
- Volatility
- Elevated. ATR14 at 4.29 (5.70% of price) reflects wide daily swings consistent with the recent selloff. Bollinger Bands (71.41 to 91.13) have widened sharply, with the close near the lower band, suggesting the decline may be stretched in the short term.
- Volume
- Below average. Latest volume of 8,136,400 is 76.8% of the 20-period average (10,596,080), showing modest participation in the most recent session after heavier volume marked the earlier decline.
Assessment
The daily chart shows a clear short-term downtrend. Price has fallen from 105.38 to 75.22, breaking below SMA20 and SMA50 and testing SMA200 at 74.98. RSI at 38.85 is weak but not oversold, and the MACD histogram, while negative, is not expanding sharply, which can allow oversold bounces. The SMA200 at 74.98 and the 20-day and 60-day low at 71.24 are the key support zone. A sustained break below 71.24 would open the path toward lower targets, while a reclaim of SMA20 at 81.27 would be the first sign of stabilization.
Weekly (July 27, 2026 week)
- Trend
- Mixed. Price at 74.29 is below SMA20 (84.02) but above SMA50 (72.81) and SMA200 (71.35). The averages remain in a broadly bullish order, but price has broken below the SMA20 after a sharp five-week decline, signaling a pullback within a still-intact longer-term uptrend.
- Momentum
- Bearish. RSI14 at 44.29 is below the neutral 50 level. MACD at 2.78 remains above zero but is well below its signal at 5.17 with a negative histogram of -2.38, indicating a meaningful loss of weekly upside momentum.
- Volatility
- Elevated. ATR14 at 8.82 (11.87% of price) reflects high weekly swings. Bollinger Bands (60.87 to 107.16) are wide, and the close sits in the lower part of the band range, consistent with the recent decline.
- Volume
- Above average. Weekly volume of 65,924,300 is 124.4% of the 20-week average (53,005,865), indicating elevated participation in the selloff.
Assessment
The weekly chart has deteriorated. After spending most of the past year above the SMA20, price broke below it with above-average volume, and the MACD histogram has turned deeply negative. Weekly support at SMA50 (72.81) and SMA200 (71.35) sits close to the current price, so the 71.24 to 71.35 zone is a critical daily and weekly confluence. A weekly close below SMA200 would threaten the multi-year uptrend, while a recovery back above SMA20 at 84.02 would signal stabilization.
Key indicators
MCHP Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 38.85 | 44.29 |
| MACD (12, 26, 9) | -4.08 / -3.49 / -0.59 | 2.78 / 5.17 / -2.38 |
| ATR (14) | 4.29 (5.70%) | 8.82 (11.87%) |
| Bollinger Bands (20, 2) | 71.41 - 91.13 | 60.87 - 107.16 |
| SMA (20) | 81.27 | 84.02 |
| SMA (50) | 88.50 | 72.81 |
| SMA (200) | 74.98 | 71.35 |
Price structure
MCHP Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 75.22 | 74.29 |
| 1-Period Return | +1.25% | -5.80% |
| 5-Period Return | -3.44% | -15.51% |
| 20-Period Return | -14.12% | +20.54% |
| 60-Period Return | -26.55% | +16.94% |
| 252-Period Return | +14.31% | +7.86% |
| 52-Week Low | 47.57 | 47.57 |
| 52-Week High | 105.38 | 105.38 |
| 52-Week Position | 47.83% | 46.22% |
Key levels
MCHP Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 90.85 | 105.38 |
| 20-Period Low | 71.24 | 59.01 |
| 60-Period High | 105.38 | 105.38 |
| 60-Period Low | 71.24 | 47.57 |
Scenarios
MCHP Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price reclaims the daily SMA20 at 81.27 with above-average volume, followed by a close above the SMA50 at 88.50.
Invalidation
Price closes below the 71.24 20-day and 60-day low with above-average volume.
What to watch
Daily RSI recovering above 50; daily MACD histogram turning positive; weekly price regaining the weekly SMA20 at 84.02.
Range-Bound
Trigger
Price stabilizes between the SMA200 at 74.98 and the 71.24 low as support, and the SMA20 at 81.27 as resistance.
Invalidation
A decisive break of either boundary with elevated volume.
What to watch
RSI hovering between 35 and 50; ATR contracting from current highs; declining volume during down days.
Bearish
Trigger
Price breaks and sustains below the 71.24 20-day and 60-day low, then tests the weekly SMA200 at 71.35.
Invalidation
Price reclaims the SMA20 at 81.27 and holds above it.
What to watch
Daily RSI falling toward 30; MACD histogram widening negative; weekly close below SMA50 at 72.81 and SMA200 at 71.35; volume expanding on down weeks.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 3, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 3, 2026, weekly July 27, 2026 week. Generated August 4, 2026.
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