Is Microchip Technology, Inc. technically bullish or bearish?

As of 8 May 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish outlook and the weekly Dow Theory also suggesting a mildly bearish trend. While the weekly MACD and KST are bullish, the monthly indicators remain bearish, creating a mixed picture. The Bollinger Bands show a mildly bullish signal on the weekly chart but are mildly bearish on the monthly. Overall, the strength of the bearish sentiment is moderate, influenced by the recent price action and the lack of strong bullish signals across multiple time frames.