Head & Shoulders TopNeckline ~108.30 has broken. Measured-move risk extends toward ~81.68; a fast reclaim of 108.30 would be a failed breakdown (often bullish).
Bearish structure on the daily chart — a heads-up for anyone holding, not a short signal. Does not affect the bullish setup score.
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.
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 SPY52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
Accumulation / Distributionlast 65 sessions · green = acc on high vol · red = dist on high vol
Net +1
D
Forming Patterns (predictive — not confirmed)
Inverse Head & Shouldersbullishforming
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 above93.87
Invalidates at65.80
Left Shoulder70.92
Head65.80
Right Shoulder71.00
Neckline93.87
Target121.95
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 200SMA150 $88.34 vs SMA200 $82.09
✓
SMA 200 trending upSlope +2.12 over 20 days
✗
SMA 50 above SMA 150 & 200SMA50 $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 70RS 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