ON semi pattern is a bit sceptical. The stock was in a super uptrend peaking at ATH 111+ tested 87-89 area, broke out to 111, but quickly reversed in few weeks and again couple times tested the same resistance of 87-89.
Assuming 111 was an end of wave 5, as we did not have other highs tested, we are now in a serious ABC correction shaping a H&S pattern as...
ON shown on a 30 minute chart- has fallen behind but is a top 50 seached on the the Zack
website. It recently trended down from a push to outside the Bollinger Bands showing extreme
buying volaility and price action than a big fade into selling volatility and a slight compression.
The TTM squeeze fired just as price fell outside the lower band. Price rose...
Just passing along a news headline I read last week. It said that the auto industry has finally caught up with the demand from auto-related semi chips.
Remember when GM couldn't release anymore SUV's until it found chips for the AC units?
ON Semi could've well been the supplier. But now that demand has softened, and supply is more plentiful, what does it mean...
Update: NASDAQ:ON +177% since the start of 2020. Signal comes back in line at 73.32 and fills the gap at 80.51. I would look at an upward retrace to the 0.5 (81.38) the same as an upside gap fill.
Given the depth of oversold on the 1D RSI in combination with an extremely high central tendency illustrated by the Pearson's R^2 of 0.94, a 'dead cat bounce' to the...
Coming off oversold and making a bounce at a trendline established in March of 2020. Financials look good. Future EV and Electonics looks to become more prevalent. Onsemi may bounce back nicely from its recent sell off. Probably in the range of $77 and $80 where there was prior activity.
$ON:1D
With the earnings forecast providing downside price pressure on the longterm trend, NASDAQ:ON hits the lowest level on its1D RSI in over two years.
Needless to say, our trend has been weakened from a Pearson’s R^2 of 0.91 down to a Pearson’s R^2 of 0.88 while losing a little more than 3% of the longterm trend strength in the process.
While there are...
$ON:1D
With the earnings forecast providing downside price pressure on the longterm trend, NASDAQ:ON hits the lowest level on its1D RSI in over two years.
Needless to say, our trend has been weakened from a Pearson’s R^2 of 0.91 down to a Pearson’s R^2 of 0.88 while losing a little more than 3% of the longterm trend strength in the process.
While there are...
In the semiconductor sector, Lattice Semiconductor (LSCC) and ON Semiconductor (ON) offer contrasting financial metrics and growth prospects. Going long on LSCC and short on ON could capitalize on their differences, aiming for a reversion to their historical performance relationship.
Why Go Long on Lattice Semiconductor (LSCC):
Valuation: LSCC has a higher...
very strong trend since May 2023, sitting right at support now. Bounce here and we rally to 111-114 resistance area.
also a very strong RSI Support zone, boost and follow for more. thanks 💛
Entry: with price above 105.35
Volume: with volume greater than 5.23M
Target: 110.55 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 105.36, 102.77 gets you 2/1 Reward to Risk Ratio.
This LONG swing trade idea is not trade advice and is...
Entry: when price clears 89.84
Volume: with average daily volume
Target: 98 area
Stop: depending on your risk tolerance; 87.13 gets you 3/1 Risk/Reward.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade...
Let take a look at the recent weekly close. A nice simple base has formed. We see the price dropped to the 8 day ma at $78.60 but ate all the way up to $86.50 and closed near the weekly high. The indicates great strength to me. Institutional buying seen here with the above average volume. Your chance to get in was at $78.60, maybe I'll get in on a break of $90. Do...
- ON is in a rising trend channel in the medium long term.
- ON has broken a resistance level and given a positive signal for the long-term trading range.
- In case of a negative reaction, the stock has support at approximately 76.00 .
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT...
- ON is in a rising trend channel in the medium long term.
- The stock has broken up through resistance at 76.00.
- In case of negative reactions, there will now be support at 76.00.
- The stock is assessed as technically positive for the medium long term
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS:...
$ON is in a great symmetrical triangle.
It's in the lower portion of it and looks pretty good.
For upside I would like a hold of $76 and of course a hold of the bottom part of the triangle.
Targets around 90-92$.
![ON: ON - RisingTrend Channel [MID TERM]](https://s3.tradingview.com/m/mGELgOjz_mid.png "ON - RisingTrend Channel [MID TERM]")
![ON: ON - Rising Trend Channel [MID TERM]](https://s3.tradingview.com/d/DXFFHKwS_mid.png "ON - Rising Trend Channel [MID TERM]")
