TickzenTickzen

ON Semiconductor Corporation(ON)
NASDAQ

Technical Analysis & Charts

$87.37
-0.75 (-0.85%)

Technical Analysis

CURRENT PRICE: $87.37 | PRIMARY TREND: TRANSITIONAL(Mixed Signals)

Multi-Timeframe Context

Short-Term (Days):Choppy
Medium-Term (Weeks):Range-bound
Long-Term (Months):Neutral

Timeframes diverge: price is range-bound. Choose strategy based on your trading horizon.

Technical Context Zones

Trend Zone:Price vs 50d: $108.04 • Price vs 200d: $83.00
Decision Zone:Support: $83.35 • Resistance: $132.42

Momentum Indicators

RSI at 36.9 is neutral. The negative MACD suggests the probability of continued downside pressure, though momentum shifts can occur.

RSI (14d)
36.9 Neutral
MACD
-4.65 Bearish

Market Mechanics: Distance from 50d SMA (19.1%) shows stretched downside momentum. Mean-reversion probability rises.

Bollinger Bands – Position Context

Price trades in the lower half of the bands, increasing the probability of short-term bounce. However, downtrends can remain oversold longer than expected.

Note: Bands show volatility zones, not strict buy/sell signals. Confluence with volume and momentum increases reliability.

Volume Analysis – Causal Context

Volume remains near 20-day average, showing neutral participation. Price moves in this environment often lack follow-through. Range-bound strategies (buy support, sell resistance) suit this regime better than trend-following. Breakouts require volume expansion > 20-day average to validate. Use tighter stop-losses due to choppy conditions.

Institutional-Grade Market Analysis

Trend Strength (ADX)

21.5
Neutral
ADX between 20-25 shows transitional phase. Wait for ADX direction (rising = trend strengthening, falling = weakening) before committing.

Support/Resistance Strength

Resistance: $132.42
Strong
Distance: 51.6%
Current: $87.37
Below 50d SMA
Support: $83.35
Strong
Distance: 4.6%
Probability Zones: Closer proximity increases bounce/rejection probability. Volume confirmation required at levels.

Market Structure

Pattern: Choppy / Range-Bound
No clear directional bias. Price oscillates between support/resistance.
Last Swing High:$132.42
Last Swing Low:$83.35
Prevents RSI-Only Traps: Structure is neutral. Wait for breakout confirmation before taking directional bias.

ADX Trend Strength - 90-Day Overlay

Threshold markers at 20 and 25 show regime changes

Current ADX: 21.5 - Transitional phase: Wait for direction

Market Structure - Swing High/Low Analysis

Visual confirmation of trend structure (90-day view)

Swing High: $132.42 | Swing Low: $83.35

Structure: Choppy / Range-Bound - No clear directional bias

Support/Resistance Probability Bands

Color intensity = strength | Distance percentages shown inline

$132.42Resistance
51.6%Strong
$122.61
40.3%
$112.79
29.1%
$102.98
17.9%
$93.16
6.6%
$83.35Support
-4.6%Strong
Instant Insight: Closer proximity = higher bounce/rejection probability. Strong zones (darker colors) require volume confirmation to break. Current price at $87.37 shows closer to support zone - bounce probability increases.

Technical Analysis

Advanced technical indicators for ON • 3M • 62 data points

Bollinger Bands

Price volatility analysis with 20-period moving average and ±2σ bands

Upper
SMA-20
Lower
Price

Trading Plan & Invalidation Rules

Bullish Scenario: If ON holds above $92.54 on normal or rising volume, probability of continuation toward $132.42 increases.
Bearish Scenario: If ON breaks below $83.35 on expanding volume (confirmation required), risk shifts toward lower historical supports. Monitor 200d SMA at $83.00 as potential floor.
Invalidation Rules:
  • Bullish thesis fails if price closes below $83.35 on volume >20-day average (indicates institutional selling).
  • Bearish thesis fails if price closes above $108.04 on volume >20-day average (indicates accumulation).
  • Monitor for volume divergence: price making new highs/lows on declining volume suggests exhaustion.

Multi-Timeframe Verdict Matrix

SHORT-TERM (Days)
Choppy
Neutral momentum—wait for clearer directional signals before committing.
MEDIUM-TERM (Weeks)
Range-bound
Price near 50d SMA—directional breakout needed. Position traders should wait for confirmation.
LONG-TERM (Months)
Neutral
Bull market structure intact above 200d SMA. Long-term investors can hold positions with trailing stops.
📊 Unified Recommendation
For Swing Traders (Days-Weeks): Wait for directional clarity. Breakout above $132.42 or breakdown below $83.35 needed.
For Position Traders (Weeks-Months): Range-bound—sell resistance, buy support. Breakout trade: enter above $132.42 or below $83.35 with volume.
⚠️ Important: This analysis reflects probability-based assessments, not certainties. Markets can remain irrational longer than expected. Always use stop-losses and position sizing to manage risk. Invalidation rules are critical—if thesis breaks, exit promptly.

Similar Companies

→ Find stocks in the same sector→ View sector performance→ Compare with industry peers

Analysis Tools

→ Large-cap stocks screener→ Top daily gainers→ Market overview dashboard