Uptrend Under Pressure 100
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 100/100 · 7 distribution days (SPY) Oct 26 Full briefing →
View
Simple research view

ON · ON Semiconductor Corporation

$74.06 +2.51% Oct 26 close
No confirmed setup in the latest scan

That is a valid result; the scanner does not force a pattern.

1 independent risk warning also present. Review before relying on the bullish setup.

Ask about ON

Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.

$ON

ON Semiconductor Corporation

ON Semiconductor Corporation is a large-cap Semiconductors company in the Electronic Technology sector with a market cap of $28B.

Electronic Technology Semiconductors stock Stage 1 · Basing Base 1
$74.06 latest close
Market Structure
Trend structure: range
Latest event: structure_shift (bullish)
Earnings

Pre-earnings setup

Next earnings Monday, November 2, 2026 After market close Exact clock time not supplied by source

Deterministic evidence

ON+2.51%
Semiconductor proxy · SMH+2.74%
Broad market · SPY+0.71%
Same completed session window ending 2026-10-26. ON was -0.23 points vs SMH. +1.80 points vs SPY.
CatalystPending Stock reactionPositive Sector reactionSupportive Opening surgePending Event riskEarnings-driven

Session internals Strong momentum

Rule: closed up, at or above the open, in the top third of the day's range. Judged on internals, not on the size of the move.

Vs prior close+2.51% From the open+2.15% Range position68% GapNo gap
QQQ confirmationConfirming (+1.11%) SMH confirmationConfirming (+2.74%)
Short-term conviction -1 points.
  • A sourced earnings report is still pending inside the risk window; ordinary technical conviction is reduced until it is out.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $74.06 +2.5% Oct 26 close
52W High $134.92 45.1% below high
Wks Since High 20w
Base Depth 51.2%
SMA 50 $75.01
Avg Vol 10,034,307
Rel Vol (Oct 26) 0.85× 0.87× on up days
More stats
52W Low $44.56
Tight Wks 0
Base B1
SMA 200 $82.09
Group Rank #10/66
ADR% 3.9%
ATR(14) $3.47 (4.7%)
Vol Pace (live) N/A
A/D Days 14A / 15D
A/D Rating D
Earnings in 6d
Position in 52-week range 33rdpercentile of the 52-week range
$44.56low
$134.92high

ON Chart

Interactive price, volume, RS, RSI, and MACD charts are available after sign in.

Create a free account to load the full interactive chart for ON.

Create Free Account

Technical Analysis Report Card

$ON · $74.06 · as of 2026-10-26 · multi-factor read
16
/ 100
Strong Sell

Trend · Daily / Weekly / Monthly

Daily ▬ Sideways / consolidating
Weekly ▼ Downtrend
Monthly ▼ Downtrend

Moving Averages

50-day$75.01 ↓
100-day$85.98 ↓
200-day$82.09 ↓
Bearish (50 < 200)

RSI (14)

Reading46.7 · Neutral

Neutral — momentum is balanced between buyers and sellers.

MACD (12/26/9)

StateBearish
Histogram-0.487

Bearish — MACD below its signal line and below zero. Histogram expanding.

Bollinger Bands (20,2)

%B / Width32% · 23.3%

Mid-band — no directional band edge in play.

Volume · Buyer vs Seller

Up/Down vol0.87 · Neutral
Rel volume0.85×
Pocket pivots · 10d0
5d vs 50d vol95%
Heavy vol up / down1 / 0

Balanced — up/down volume is roughly even; no clear hand. Recent volume is easing versus its baseline.

  • 1 heavy-volume up day vs 0 down in the last 20 sessions.

Support & Resistance

R · $76.19swing level
R · $85.55swing level
R · $86.92swing level
Price · $74.06now
S · $70.96swing level
S · $65.80swing level
S · $44.5652-week low

Fibonacci · Downtrend swing

23.6%$82.11
38.2%$92.20
50.0%$100.36
61.8%$108.52
78.6%$120.13

Retracement resistance zones measured from the recent swing high down to the low.

The verdict is free. The trade plan is Pro.
Unlock the exact entry, stop-loss, profit target, and reward-to-risk for ON — plus the full 500+ symbol scanner and Ask-the-Legends chat.
Start your 7-day free trial →
Weekly downtrendMonthly downtrendBelow 200-day MA50/200 bearish
Want this read in a legend's voice? Ask a Legend about ON
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
126RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +1 D
A: 16 D: 15 Net: +165 sessions

Forming Patterns (predictive — not confirmed)

Inverse Head & Shoulders bullish forming
80% built

Possible inverse head & shoulders — not confirmed. Watch for a daily close above ~93.87 (neckline) to confirm, with a measured move toward ~121.95. A drop under the right shoulder near 71.00 weakens the structure; a close below the head near 65.80 invalidates it.

Confirms above 93.87
Invalidates at 65.80
Left Shoulder 70.92
Head 65.80
Right Shoulder 71.00
Neckline 93.87
Target 121.95

LS 70.92 / head 65.80 / RS 71.00, neckline ~93.87, 21.1% below confirmation

Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.

No patterns detected

This symbol didn't match any pattern in the latest scan.

Minervini Trend Template

3/8

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $74.06 vs SMA150 $88.34 / SMA200 $82.09
SMA 150 above SMA 200 SMA150 $88.34 vs SMA200 $82.09
SMA 200 trending up Slope +2.12 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $75.01
Price above SMA 50 $74.06 vs SMA50 $75.01
30%+ above 52-week low +66.2% from $44.56
Within 25% of 52-week high -45.1% from $134.92
RS score above 70 RS 50

Fundamentals

52W Range
33%
Mkt Cap SEC
28.1B
EPS QoQ
0%
Rev YoY
-15%
ROE
7%
Gross Margin
37%
D/E
0.39
EPS TTM
$0.29
P/E TTM
255.4x
Float
389M
Insider
No Buy

Company

Company profile
ON Semiconductor Corporation
ON · NASDAQ · Electronic Technology · Semiconductors

Scan History

Jun 19: 60 (Wyckoff SOS)Jun 22: 80 (Pocket Pivot)Jun 23: 60 (Wyckoff SOS)Jun 24: 60 (Wyckoff SOS)Jun 25: 60 (High Tight Flag)Jun 26: 60 (High Tight Flag)60
Jun 26
High Tight Flag ✓ Gate
60
Jun 25
High Tight Flag ✓ Gate
60 -37.6%
Jun 24
Wyckoff SOS ✓ Gate
60 -36.0%
Jun 23
Wyckoff SOS ✓ Gate
60 -36.7%
Jun 22
Pocket Pivot ✓ Gate
80 -43.7%
Jun 19
Wyckoff SOS ✓ Gate
60 -43.7%

Latest News

Headlines for ON
Loading headlines…

Get the full picture on ON

Pro members see entry/stop/target levels, R:R ratios, intraday alerts, and every setup detected across 500+ symbols daily.

Start 7-Day Free Trial