USA - NASDAQ:ON - US6821891057 - Common Stock
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.
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.
45.27
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 3 important areas.
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. | 
50.85
-0.55 (-1.07%)
ChartMill assigns a technical rating of 3 / 10 to ON.
The current trend direction for ON SEMICONDUCTOR (ON) is Bearish.
ON SEMICONDUCTOR (ON) has an RSI value of 49.2707. This indicates that the stock is currently neutral.
The short term momentum for ON SEMICONDUCTOR (ON) is neutral.