As of June 2, 2026, MCHP is showing a Cup and Handle pattern with 67% confidence on the daily timeframe. SCTR 6.6 (neutral zone), Fluid Bear trend. EdgeOS buy trigger $95.64 · Target $98.85 · Stop $93.66.
Yes. MCHP is currently showing a Cup and Handle pattern with 67% confidence on the daily timeframe (detected 6/2/2026).
The MCHP Cup and Handle has a confidence score of 67%. Confidence above 65% is considered high — indicating a clear, textbook-quality pattern. The confidence score measures how closely price action matches the ideal pattern template.
MCHP's EdgeOS buy trigger is $95.64, target $98.85 (Saty ATR +1), stop below $93.66.
The Cup and Handle has a historical win rate of 68% when traded with proper volume confirmation and stop placement. Average time to target: 35 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.
Open MCHP on a chart with EdgeOS overlays, Saty ATR levels, pattern scan, and AI research — all in one view.
Pattern data updated nightly · For informational purposes only · Not investment advice