⚠️Uptrend Under PressureSevere risk · 99·Institutional selling is building — 6 distribution days in the last 25 sessions. · 6 distribution days (SPY)Full briefing →Jul 28
Simple research view
MCHP · Microchip Technology Incorporated
$94.12 latest stored close
No confirmed setup in the latest scan
That is a valid result; the scanner does not force a pattern.
1 independent risk warning also present. Review before relying on the bullish setup.
Microchip Technology Incorporated is
a large-cap
Semiconductors company in the Electronic Technology sector with a market cap of
$51B.
Neutral · 47Electronic TechnologySemiconductorsstockStage 2 · AdvancingBase 2
Data 1h 0m ago
$94.12latest close
⚠ Risk Signals
Head & Shoulders TopNeckline ~96.28 has broken. Measured-move risk extends toward ~86.65; a fast reclaim of 96.28 would be a failed breakdown (often bullish).
Bearish structure on the daily chart — a heads-up for anyone holding, not a short signal. Does not affect the bullish setup score.
Triggers when price crosses your target during market hours or after the next daily scan. Delivered via email and Telegram (if linked in Account).
Earnings-risk mode
Normal technical setup
Thursday, August 6, 2026Time not confirmed
No sourced report session or clock time
Deterministic evidence
MCHP+1.77%
Same completed session window ending 2026-06-25.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
AI interpretation (optional)
Ask a Legend to interpret the evidence only after reviewing the deterministic event timing and relative reaction.
Interpret this evidence
AI output is commentary, not scanner evidence or a sizing recommendation.
Price$94.12Jun 25 close
52W High$105.91-11.1%
52W Low$48.52
Wks Since High6w
Base Depth-19.5%
BaseB2
SMA 50$92.67
SMA 200$73.17
Avg Vol11,605,030
ADR%4.9%
ATR(14)$5.99 (6.4%)
Rel Vol (today)0.84×
Vol PaceN/A
U/D Vol0.54
A/D Days12A / 10D
A/D RatingB
Earnings
9d
$48.52
$105.9179%
MCHP Chart
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Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Breakout Health
No active breakout tracked — Legend AI monitors daily for pivot-point breaks.
What's a breakout?
RS Line vs SPY52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
Accumulation / Distributionlast 65 sessions · green = acc on high vol · red = dist on high vol
Net +5
B
No patterns detected
This symbol didn't match any pattern in the latest scan.
Minervini Trend Template
7/8
Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
✓
Price above SMA 150 & 200$94.12 vs SMA150 $76.55 / SMA200 $73.17
✓
SMA 150 above SMA 200SMA150 $76.55 vs SMA200 $73.17