ON technical analysis
ON Technical Analysis
Analysis date
July 15, 2026
Market
NasdaqGS (USD)
Daily cutoff
July 14, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
ON Data Verification
Cross-validating the latest completed daily bar across independent sources.
- Symbol
- ON
- Market
- NasdaqGS
- Currency
- USD (US Dollar)
- Latest completed bar
- July 14, 2026
No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.
| Source | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Yahoo Finance Chart API (primary) | 93.73 | July 14, 2026 | - | Verified |
| Finviz (independent) | 93.73 | July 14, 2026 (previous close) | 0.00% | Verified |
Bottom line
ON Technical Analysis Summary
ON presents a mixed technical picture with divergent signals across timeframes. The daily chart shows price at 93.73, trading below SMA20 (103.95) and SMA50 (110.32) with RSI14 at 43.10 and a negative MACD histogram, indicating bearish short-term momentum after a 19.74% decline over the past 20 sessions. However, the weekly chart shows price at 95.96 above SMA20 (90.07) and well above SMA50 (68.49) and SMA200 (70.10), with a 38.85% gain over the past 20 weeks, reflecting strong medium-term recovery from the 52-week low of 44.56. The stock sits at 54.42% of its 52-week range on the daily chart. Key support is at 86.47 (daily 20-period low) and 79.78 (daily 60-period low). Key resistance is at 103.95 (daily SMA20), 110.32 (daily SMA50), and 132.42 (daily 20-period high). A sustained close above SMA20 at 103.95 would improve the short-term outlook; a break below 86.47 would signal a deeper correction.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (July 14, 2026)
- Trend
- Mixed. Price at 93.73 is below SMA20 (103.95) and SMA50 (110.32) but above SMA200 (72.55). The SMA20 is below SMA50, a bearish short-term signal, but SMA200 remains well below both, reflecting the strong recovery from the 52-week low earlier in the year. Price needs to reclaim SMA20 to signal a short-term trend shift.
- Momentum
- Bearish. RSI14 at 43.10 is below the 50 midline, indicating bearish momentum. MACD at -5.67 is below the signal line at -4.70 with a negative histogram of -0.97, confirming sustained bearish momentum on the daily timeframe.
- Volatility
- High. ATR14 at 7.86 (8.38% of price) reflects elevated daily swings. Bollinger Bands (76.14 to 131.75) are wide, with price below the middle band at 103.95, indicating bearish positioning within the bands.
- Volume
- Below average. Latest volume of 7,632,596 is 53.8% of the 20-period average (14,195,785), indicating reduced participation during the recent pullback.
Assessment
The daily chart shows a stock in a corrective phase after a substantial rally. Price has fallen 19.74% over the past 20 sessions, trading well below SMA20 and SMA50 with bearish momentum readings. The RSI below 50 and negative MACD histogram suggest further downside risk in the near term. The decline lacks strong volume confirmation, which could either indicate a lack of panic selling or simply reduced interest at current levels.
Weekly (July 6, 2026 week)
- Trend
- Bullish. Price at 95.96 is above SMA20 (90.07), SMA50 (68.49), and SMA200 (70.10). The SMA20 is well above SMA50, a positive signal reflecting the strong recovery from the 44.56 low. Price has gained 38.85% over the past 20 weeks.
- Momentum
- Neutral. RSI14 at 55.55 is slightly above the 50 midline. MACD at 11.26 is below the signal line at 12.79 with a negative histogram of -1.54, suggesting potential momentum divergence where price remains in an uptrend but upward momentum is slowing.
- Volatility
- High. ATR14 at 13.24 (13.80% of price) reflects elevated weekly ranges, consistent with the volatile nature of semiconductor stocks and the strong recovery move from the 52-week low.
- Volume
- Normal. Weekly volume is 99.1% of the 20-week average, indicating consistent participation during the broader recovery trend.
Assessment
The weekly chart shows a stock in a strong medium-term recovery from the 44.56 low. Price is firmly above all major SMAs, and the 38.85% gain over 20 weeks confirms the bullish trend. However, the MACD histogram turning negative while price remains elevated suggests a potential loss of upside momentum, which warrants monitoring. The divergence between daily bearish and weekly bullish signals creates uncertainty.
Key indicators
ON Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 43.10 | 55.55 |
| MACD (12, 26, 9) | -5.67 / -4.70 / -0.97 | 11.26 / 12.79 / -1.54 |
| ATR (14) | 7.86 (8.38%) | 13.24 (13.80%) |
| Bollinger Bands (20, 2) | 76.14 - 131.75 | 43.31 - 136.84 |
| SMA (20) | 103.95 | 90.07 |
| SMA (50) | 110.32 | 68.49 |
| SMA (200) | 72.55 | 70.10 |
Price structure
ON Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 93.73 | 95.96 |
| 1-Period Return | +3.72% | +5.20% |
| 5-Period Return | +2.89% | -18.16% |
| 20-Period Return | -19.74% | +38.85% |
| 60-Period Return | +17.27% | +113.62% |
| 252-Period Return | +56.92% | N/A |
| 52-Week Low | 44.56 | 44.56 |
| 52-Week High | 134.92 | 134.92 |
| 52-Week Position | 54.42% | 56.88% |
Key levels
ON Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 132.42 | 134.92 |
| 20-Period Low | 86.47 | 54.99 |
| 60-Period High | 134.92 | 134.92 |
| 60-Period Low | 79.78 | 40.62 |
Scenarios
ON Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price closes above daily SMA20 at 103.95 and holds above weekly SMA20 at 90.07 with positive MACD cross on the daily chart.
Invalidation
Price breaks below the daily 20-period low at 86.47.
What to watch
Sustained close above SMA20 (103.95); daily RSI moving above 50; MACD histogram turning positive; daily volume recovering above the 20-period average; price holding above the weekly SMA20.
Range-Bound
Trigger
Price continues to oscillate between 86.47 support and 103.95-110.32 resistance.
Invalidation
A decisive break of either boundary with expanding volume.
What to watch
RSI fluctuating between 35 and 50 on the daily chart; MACD histogram hovering near zero; Bollinger Bands contracting; volume remaining below average.
Bearish
Trigger
Price breaks below the 20-period low at 86.47 and tests the 60-period low at 79.78.
Invalidation
Price reclaims daily SMA20 at 103.95 and holds above it.
What to watch
Sustained close below SMA20 (103.95); daily RSI trending below 40; increasing downside volume; the weekly MACD histogram becoming more negative; Bollinger Bands expanding to the downside.
Methodology
Methodology and Limitations
This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 14, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 6, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 14, 2026, weekly July 6, 2026 week. Generated July 15, 2026.
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