ON SEMICONDUCTOR (ON) Stock Technical Analysis
USA - NASDAQ:ON - US6821891057 - Common Stock
50.85 USD
-0.55 (-1.07%)
51.48 USD
+0.63 (+1.24%)
Overall ON gets a technical rating of 3 out of 10. In the past year, ON was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, ON is a bad performer in the overall market: 88% of all stocks are doing better.
ON is part of the Semiconductors & Semiconductor Equipment industry. There are 112 other stocks in this industry, of which 88% are performing better than ON.
ON has an average volume of 8111570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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 45.64 - 55.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ON does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 47.25, a Stop Loss order could be placed below this zone.
More info and screens
45.27
65.69
When analyzing the support we can see 2 important areas.
- A support zone ranging from 46.98 to 47.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 45.73 to 45.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 52.37 to 52.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 54.27 to 55.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @65.04 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for ON is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ON is neutral. |
| ChartMill Relative Strength | 12.19 | NEGATIVE | ON has a low relative strength, it was outperformed by 87.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ON is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ON is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ON is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.27 | NEUTRAL | The RSI value for ON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ON has a negative trend. |
| Stochastics (14,3) | 51.3 | NEUTRAL | The Stochastics value for ON is a neutral value. |
| Average True Range in percent/ATR (20) | 5.07 | HIGH VOLATILITY | The high ATR as a percentage value for ON suggests high volalility. |
| Average Directional Index/ADX (14) | 10.04 | NEGATIVE | The low ADX value for ON suggests a weak or negative trend. |
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)
50.85
-0.55 (-1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.07%
1 Week-1.8%
2 Weeks-4%
1 Month4.33%
3 Month-10.51%
6 Month21.33%
12 Month-28.37%
2 Year-18.82%
3 Year-17.22%
5 Year102.67%
10 Year362.27%
15 YearN/A
Volatility
ATR(14)2.54
ATR(20)%5.07%
ATR Inc-55.03%
Range Today1.05
ADR(20)2.35
ADR(20)%4.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.19
3 months CRS13.94
6 months CRS73.61
Mansfield-1.25
10 Day High55.99
10 Day Low50.23
20 Day High55.99
20 Day Low45.64
52 Week High74.52
52 Week Low31.04
CS1 End47.25
CR1 Start52.37
Volume & EV
DER(3)-0.74%
DER(5)-0.83%
Volume9.14M
Volume Incr-1.17%
Vol(5)8.75M
Vol(50)8.11M
ON SEMICONDUCTOR / ON FAQ
What is the ChartMill technical rating of ON SEMICONDUCTOR (ON) stock?
ChartMill assigns a technical rating of 3 / 10 to ON.
What is the trend direction for ON stock?
The current trend direction for ON SEMICONDUCTOR (ON) is Bearish.
Can you provide the RSI signal for ON SEMICONDUCTOR?
ON SEMICONDUCTOR (ON) has an RSI value of 49.2707. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ON SEMICONDUCTOR?
The short term momentum for ON SEMICONDUCTOR (ON) is neutral.