ON SEMICONDUCTOR (ON) Technical Analysis
NASDAQ:ON • US6821891057
Current stock price
58.35 USD
-2.52 (-4.14%)
At close:
58.38 USD
+0.03 (+0.05%)
After Hours:
ON Technical Rating and Analysis
Taking everything into account, ON scores 6 out of 10 in our technical rating. In the last year, ON was one of the better performers, but we do observe some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that ON is one of the better performing stocks in the market, outperforming 85% of all stocks.
- ON has an average volume of 8545700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ON is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, ON did better than 43% of them.
- ON is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ON is lagging the market slightly.
- In the last month ON has a been trading in the 54.99 - 66.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ON Weekly and Daily overview Charts
ON Setup Rating and Analysis
ON has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ON Support and Resistance Analysis
53.25
72.48
When analyzing the support we can see 3 important areas.
- Support @57.87 from a trend line in the daily time frame.
- A support zone ranging from 56.86 to 56.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @53.79 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 58.90 to 59.27. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 60.25 to 60.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 63.11 to 63.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @71.76 from a trend line in the weekly time frame.
ON 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ON is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ON is neutral. |
| ChartMill Relative Strength | 85.66 | POSITIVE | ON has a high relative strength, it outperformed 85.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ON is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ON is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ON is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.89 | NEUTRAL | The RSI value for ON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ON has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.54 | NEUTRAL | The Stochastics value for ON is a neutral value. |
| Average True Range in percent/ATR (20) | 4.49 | MEDIUM VOLATILITY | The ATR as a percentage value for ON suggests some volalility. |
| Average Directional Index/ADX (14) | 19.94 | NEGATIVE | The low ADX value for ON suggests a weak or negative trend. |
ON 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)
ON Technicals: Chart, Performance Metrics, Trend & Indicators
58.35
-2.52 (-4.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-4.14%
1 Week-1.54%
2 Weeks-0.34%
1 Month-12.23%
3 Month6.23%
6 Month16.33%
12 Month42.53%
2 Year-20.67%
3 Year-29.12%
5 Year40.23%
10 Year508.45%
15 YearN/A
Volatility
ATR(14)2.27
ATR(20)%4.49%
ATR Inc21.88%
Range Today3.45
ADR(20)2.28
ADR(20)%3.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.66
3 months CRS84.19
6 months CRS86.53
Mansfield1.33
10 Day High64.35
10 Day Low57.94
20 Day High66.48
20 Day Low54.99
52 Week High73.76
52 Week Low31.04
CS1 End57.87
CR1 Start58.9
Volume & EV
DER(3)-1.22%
DER(5)-0.35%
Volume7.14M
Volume Incr-12.49%
Vol(5)6.46M
Vol(50)8.55M
ON SEMICONDUCTOR / ON TA FAQ
What is the ChartMill technical rating of ON SEMICONDUCTOR (ON) stock?
ChartMill assigns a technical rating of 6 / 10 to ON.
What is the current trend direction of ON SEMICONDUCTOR (ON) stock?
The current trend direction for ON SEMICONDUCTOR (ON) is Bullish.
Can you provide the RSI signal for ON SEMICONDUCTOR?
ON SEMICONDUCTOR (ON) has an RSI value of 40.8899. This indicates that the stock is currently neutral.
What is the MACD signal for ON SEMICONDUCTOR (ON) stock?
The MACD indicator for ON SEMICONDUCTOR (ON) has a value of 0.0945663, indicating a bearish trend.