Is Microchip Technology, Inc. technically bullish or bearish?

As of 10 October 2025, the technical trend for Microchip Technology, Inc. has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, primarily driven by the weekly MACD and KST indicators, both indicating bearish momentum. The Bollinger Bands are also bearish on both weekly and monthly time frames, reinforcing the bearish outlook. The daily moving averages remain mildly bullish, providing some counterbalance, but overall, the weekly and monthly indicators suggest a bearish trend.
In terms of performance, Microchip's returns have been underwhelming compared to the S&P 500, with a 1-year return of -21.89% versus the S&P 500's 13.36%, and a 3-year return of -1.34% compared to the S&P 500's 81.39%.