Microchip TechnologyMCHP
Auto-detected technical analysis for MCHP · data as of Aug 28, 2026. The chart above is live; the read below updates daily.
MCHP is currently forming a falling wedge on the daily timeframe. Detected Aug 28, 2026.
A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $86.00 (+12.5%).
New to this pattern? What a falling wedge is and how to trade it →
MCHP's most recent completed triangle resolved as a win: it broke down on Nov 5, 2026 near $65.76, then reached its target at $56.42 on Nov 6, 2026 — a 14.2% move (+0.60R) over 1 sessions. Across 174,297 backtested triangles, this setup wins 40.8% of the time.
Every completed pattern trade our nightly backtest found on MCHP's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Triangle | Nov 5, 2026 @ $65.76 | Nov 6, 2026 @ $56.42 | Win | +14.2% · +0.60R |
| Falling wedge | Nov 5, 2026 @ $67.09 | Nov 6, 2026 @ $57.09 | Win | +14.9% · +0.71R |
| Falling wedge | Aug 7, 2026 @ $81.35 | Aug 25, 2026 @ $75.32 | Loss | +21.6% · -0.85R |
| Falling wedge | Jul 22, 2026 @ $85.46 | Jul 27, 2026 @ $79.48 | Loss | +16.6% · -1.16R |
| Rising wedge | Jun 26, 2026 @ $87.20 | Nov 6, 2026 @ $57.03 | Win | +34.6% · +1.79R |
| Falling wedge | Jun 18, 2026 @ $99.06 | Jun 24, 2026 @ $92.86 | Loss | +8.2% · -1.21R |
| Rising wedge | Feb 6, 2026 @ $74.41 | Feb 12, 2026 @ $81.81 | Loss | +12.3% · -1.05R |
| Triangle | Nov 4, 2025 @ $59.56 | Dec 10, 2025 @ $68.00 | Loss | +18.7% · -1.00R |
| Triangle | Oct 10, 2025 @ $61.40 | Nov 7, 2025 @ $55.72 | Win | +9.3% · +0.75R |
| Rising wedge | Oct 10, 2025 @ $61.44 | Nov 7, 2025 @ $58.46 | Win | +4.8% · +0.39R |
| Triangle | Oct 2, 2025 @ $66.64 | Oct 13, 2025 @ $62.80 | Loss | +15.0% · -1.06R |
| Falling wedge | Sep 17, 2025 @ $66.69 | Oct 13, 2025 @ $62.80 | Loss | +17.5% · -0.88R |
Historical examples from the published simulation. This selection is not a win-rate sample.
On the weekly chart, the nearest level worth watching is a ceiling overhead near $167.00 — where price has stalled before.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 28, 2026 | $75.39 | $75.58 | $72.67 | $72.93 |
| Aug 27, 2026 | $74.59 | $75.57 | $73.71 | $75.49 |
| Aug 26, 2026 | $73.41 | $74.41 | $72.91 | $74.05 |
| Aug 25, 2026 | $75.32 | $75.32 | $73.13 | $73.50 |
| Aug 24, 2026 | $74.79 | $75.23 | $72.77 | $74.21 |
| Aug 21, 2026 | $76.82 | $77.00 | $75.06 | $76.08 |
| Aug 20, 2026 | $76.69 | $77.42 | $75.68 | $75.81 |
| Aug 19, 2026 | $79.27 | $79.75 | $76.97 | $77.08 |
| Aug 18, 2026 | $78.01 | $78.47 | $75.65 | $78.19 |
| Aug 17, 2026 | $80.06 | $81.41 | $79.37 | $80.26 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.