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Based on the 15-minute chart for Microchip Technology, a significant technical indicator, the MACD Death Cross and KDJ Death Cross, occurred on January 23, 2026, at 15:30. This development suggests that the stock price has a potential to continue its downward trajectory, with the momentum of the stock price shifting towards the downside. Consequently, there is a heightened risk of further declines in the stock price.
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