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MCHP Fell Below 50 Day Moving Average on June 26

Microchip Technology Incorporated (MCHP) โ€” Nightly Technical Analysis ยท Jun 26, 2026, 17:39 ET
MCHP finished lower by 6.58% on Friday, June 26th, trading 2.5 times its typical volume. The unusually high volume suggests institutional participation in today's move. Fell Below 50 DMA โ€” typically a warning sign for traders โ€” developed during the session. Key support levels exist at 86.1, 84.27 & 81.7, with resistance at 90.5, 93.07 & 94.9.

Current SwingTradeBot Technical Rating of MCHP: B

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Microchip Technology Incorporated (MCHP)