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ON SEMICONDUCTOR (ON) Stock Technical Analysis

NASDAQ:ON - Nasdaq - US6821891057 - Common Stock - Currency: USD

58.565  -0.09 (-0.16%)

Technical Rating and Analysis

7

Overall ON gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ON is only an average performer.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ON has an average volume of 9276530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ON outperforms 68% of them, which is more or less in line with the market.
ON is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 53% of 110 stocks in the same industry.
ON is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ON is lagging the market.
In the last month ON has a been trading in the 51.53 - 63.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ON SEMICONDUCTOR / ON Weekly stock chart
ON SEMICONDUCTOR / ON Daily stock chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, ON also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

52.71

72.55

When analyzing the support we can see 2 important areas.

  • Support @55.43 from a horizontal line in the daily time frame.
  • A support zone ranging from 53.24 to 53.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 4 important resistance areas.

  • Resistance @60.73 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 62.16 to 62.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @67.78 from a trend line in the weekly time frame.
  • Resistance @71.83 from a trend line in the weekly time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ON is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ON is neutral.
ChartMill Relative Strength68.32NEUTRALON is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ON is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ON is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of ON is above a declining SMA(200).
Relative Strength Index/RSI (14)55.99NEUTRALThe RSI value for ON is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.57NEGATIVEThe MACD value suggests ON has a negative trend, although the MACD value is rising.
Stochastics (14,3)28.34NEUTRALThe Stochastics value for ON is a neutral value.
Average True Range in percent/ATR (20)4.2MEDIUM VOLATILITYThe ATR as a percentage value for ON suggests some volalility.
Average Directional Index/ADX (14)30.6POSITIVEThe high ADX value value for ON suggests a strong trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
60.7455.425.32 (8.76%)11.42%
An entry @60.74. This is a Buy Stop order right above the resistance zone.An exit @55.42. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 5.32 points, which is 8.76%.When investing 11.42% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ON SEMICONDUCTOR / ON Daily stock chart

ON SEMICONDUCTOR

NASDAQ:ON (7/29/2025, 3:42:04 PM)

58.565

-0.09 (-0.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.16%
1 Week-3.12%
2 Weeks-0.69%
1 Month10.83%
3 Month39.97%
6 Month12.07%
12 Month-13.67%
2 Year-45.56%
3 Year-12.16%
5 Year184.76%
10 Year452.35%
15 YearN/A
Volatility
ATR(14)2.5
ATR(20)%4.2%
ATR Inc-25.88%
Range Today2.01
ADR(20)2.11
ADR(20)%3.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.32
Mansfield-0.65
10 Day High63.63
10 Day Low54.54
20 Day High63.63
20 Day Low51.53
52 Week High78.61
52 Week Low31.04
CS1 End55.43
CR1 Start60.73
Volume & EV
DER(3)0.61%
DER(5)0.86%
Volume7.09M
Volume Incr69.78%
Vol(5)12.43M
Vol(50)9.28M