$MCHP Technical Analysis: Stock at Yearly and Monthly Highs
Yearly High
Stock price is at yearly highs.
Monthly High
Stock price is at monthly highs.
Above Bollinger Band
Price is above the upper 14 day bollinger band. This is mostly a reversal signals
as price has overextended and might come down.
Pivot Machine Gun (PMG)
When price makes continued highs for 5 days. This is a bearish reversal signal
only if price starts to break the low of the last day's candle.
Pocket Pivot
The volume on the green candle today was higher than the volume on any red candles over the last few weeks.
This can signify institutional accumulation.
Parabolic Rise
The stock has stayed above the upper bollinger band for 3 straight days.
Stochastics Overbought
Stochastics value is above 80.
Stock price is at yearly highs.
Monthly High
Stock price is at monthly highs.
Above Bollinger Band
Price is above the upper 14 day bollinger band. This is mostly a reversal signals
as price has overextended and might come down.
Pivot Machine Gun (PMG)
When price makes continued highs for 5 days. This is a bearish reversal signal
only if price starts to break the low of the last day's candle.
Pocket Pivot
The volume on the green candle today was higher than the volume on any red candles over the last few weeks.
This can signify institutional accumulation.
Parabolic Rise
The stock has stayed above the upper bollinger band for 3 straight days.
Stochastics Overbought
Stochastics value is above 80.