The S&P 500 ($745.76) is above its 10-day average ($739.38), so the market-trend check passes for every stock today, MCHP included. It flips market-wide if the index closes below $739.38.
MCHP's 50-day average has risen to $93.38, up from $89.44 10 sessions ago, so the long-term trend check passes. It would flip if that average stopped rising over its 10-session window.
MCHP has dipped to its 21-day average ($92.91) within the last 3 sessions, so the pullback check passes — the entry sits near support rather than stretched above it. It flips once price goes more than 3 sessions without revisiting that average.
MCHP closed at $88.69, 3.3% below its 9-day average ($91.73), so this momentum check fails. It passes again on a close above $91.73.
MCHP has 2 consecutive up-closes into today — at the limit of 2, so this check fails (the entry looks extended). It passes after a flat or down close resets the streak.
A high-volume gap-down consistent with an earnings miss appeared in MCHP's last 30 sessions, so this check fails. It clears once that event ages out of the 30-session window.
MCHP has trailed the S&P 500 by 7.0 percentage points over the last 20 sessions, so the relative-strength check fails. It passes once MCHP leads the index again.
A stop under the recent swing low ($85.05) sits 4.1% below MCHP's price — inside the 2–8% band, so the risk check passes. It flips if that distance drops under 2% or widens past 8%.
The stop sits only 0.7× the average daily range (ATR) from price — inside the 1-ATR minimum, so this check fails (normal noise could hit it). It passes once there's at least 1× ATR of room.
Recent volume is 1.02× MCHP's 20-day average — above the 0.8× threshold, so this check fails (the move is drawing heavy volume). It passes once volume cools below 0.8×.
Close ($)Checks (0–10)
Jul 1, 20264/10 checks$88.69closelatest · hover the chart to scan
Checks passing over the last 126 sessions
count only · not price