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MCHP forms Pocket Pivot on September 18

SwingTradeBot Nightly Stock Scan: Microchip Technology Incorporated (MCHP) โ€” Technical Patterns & Alerts ยท Sep 18, 2025, 17:51 ET
MCHP finished higher by 0.73% on Thursday, September 18th, trading 1.2 times its typical volume. Mixed technical signals appeared with Pocket Pivot suggesting upside potential, while 50 DMA Resistance indicated possible weakness โ€” creating a conflicted technical picture. Key support levels exist at 65.52, 64.79 & 63.62, with resistance at 67.43, 68.6 & 69.34.

Current SwingTradeBot Technical Rating of MCHP: D

Just a sneak peek โ€” check SwingTradeBot.com for the full story on MCHP.

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Microchip Technology Incorporated (MCHP)