ON Technical Signal Analysis
ON have 4 buy signals and 3 sell signals now. The current trend is consolidation starting from 2025-02-20. The total price change during this trend is -23.13%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of ON over last 5 trading day is $435,706,418.04
4 Bullish Signal
3 Bearish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
6.28
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-105.54
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
16.41
Bullish
Williams %R (14 days)
WILLR_14 < -80
-93.25
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-6.35
Bearish
Momentum (10 days)
MOM_10 < 0
-7.7
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-2.9
Bearish
4 Bullish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
6.28
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-105.54
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
16.41
Bullish
Williams %R (14 days)
WILLR_14 < -80
-93.25
Bullish
ON Support and Resistance Level
The support levels for ON are at 42.46, 40.39, and 37.04, while the resistance levels are at 49.15, 51.22, and 54.56. With the current stock price at 41.71, it is leaning more toward the support levels.
ON Technical Analysis
Technical Analysis of ON Semiconductor (ON)
Current Price and Recent Performance
As of the latest data, ON Semiconductor (ON) is trading at $45.53. The stock showed a positive movement in pre-market (+0.18%) and post-market (+0.29%), indicating some bullish sentiment.
Technical Indicators
- RSI (14): 37.03
- The stock is in oversold territory, suggesting potential for a rebound.
- MACD: -2.61
- The MACD line is below the signal line, indicating a bearish trend.
- Stochastic Oscillator (%K): 12.19, %D: 9.67
- The %K line is below the %D line, signaling continued selling pressure.
Fibonacci Levels
- Pivot Point: $48.40
- Support Levels: $44.17, $41.56
- Resistance Levels: $52.62, $55.23
Price Action
The stock recently tested the $43.58 low but bounced back, showing support near this level. The recent high of $46.04 suggests resistance that needs to be broken for further upside.
News Impact
- ON Semiconductor recently made a $35.10 per share bid for Allegro MicroSystems, which could enhance its automotive sensing capabilities. However, the market reaction has been mixed, with some analysts raising concerns about the deal's financial implications .
Analyst Sentiment
- Buy Ratings: Roth MKM ($60 target) and Wells Fargo.
- Sell Rating: Morgan Stanley.
- Consensus Target Price: $60.00 .
Conclusion
While the stock is oversold and showing early signs of a potential rebound, the overall technical indicators and mixed analyst sentiment suggest caution. Investors should monitor the stock's ability to break above resistance levels and the broader market conditions before making a decision.
Recommendation: HOLD or WAIT FOR CONFIRMATION of an uptrend before entering a position.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research or consult a financial advisor before making investment decisions.
ON FAQs
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ON Buy or Sell
ON has 4 buy signals and 3 sell signals now. Overall the technical rating for ON is Neutral.
Neutral
Sell
3
Buy
4
ON Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 41.71 below the SMA_5. In the short term, the stock shows a negative trend with the 43.83 below the SMA_20. In the mid term, the stock shows a negative trend with the 48.74 below the SMA_60. In the long term, the stock shows a negative trend with the 55.19 below the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Negative
SMA_60 Below SMA_200
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What do technical indicators suggest about ON's current trend?What are ON's key support and resistance levels?