ON SEMICONDUCTOR (ON) Stock Technical Analysis
NASDAQ:ON - US6821891057 - Common Stock
48.13 USD
-0.49 (-1.01%)
48.13 USD
0 (0%)
Overall ON gets a technical rating of 0 out of 10. ON's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ON is a bad performer in the overall market: 90% 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 85% are performing better than ON.
ON has an average volume of 8794990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 46.50 - 52.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ON has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 47.65, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ON in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
46.50
67.19
When analyzing the support we notice one important area.
- A support zone ranging from 46.97 to 47.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 48.57 to 49.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 51.86 to 51.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @57.74 from a trend line in the weekly time frame.
- Resistance @59.89 from a trend line in the daily time frame.
- Resistance @66.52 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 | DOWN | NEGATIVE | The long term trend for ON is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ON is down. |
| ChartMill Relative Strength | 10.62 | NEGATIVE | ON has a low relative strength, it was outperformed by 89.38% 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) | DOWN | NEGATIVE | The current price of ON is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.19 | NEUTRAL | The RSI value for ON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ON has a negative trend. |
| Stochastics (14,3) | 35.08 | NEUTRAL | The Stochastics value for ON is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for ON suggests some volalility. |
| Average Directional Index/ADX (14) | 12.7 | 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)
48.13
-0.49 (-1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.01%
1 Week0.71%
2 Weeks-5.61%
1 Month-3.76%
3 Month-5.66%
6 Month11.44%
12 Month-32.89%
2 Year-48.22%
3 Year-22.78%
5 Year121.9%
10 Year412.02%
15 YearN/A
Volatility
ATR(14)1.78
ATR(20)%3.61%
ATR Inc-26.16%
Range Today1.8
ADR(20)1.66
ADR(20)%3.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.62
Mansfield-1.98
10 Day High52.22
10 Day Low46.5
20 Day High52.33
20 Day Low46.5
52 Week High76.06
52 Week Low31.04
CS1 End47.65
CR1 Start48.57
Volume & EV
DER(3)4.16%
DER(5)3.82%
Volume6.39M
Volume Incr-26.69%
Vol(5)5.79M
Vol(50)8.79M