Question 1

What does the Stochastic Oscillator suggest about ON's trend?

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 2

How did ON's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 15, 2024. You may want to consider a long position or call options on ON as a result. In 81 of 94 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 3

What does MACD indicator imply for ON?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for ON just turned positive on August 15, 2024. Looking at past instances where ON's MACD turned positive, the stock continued to rise in 38 of 49 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

What is the significance of the 50-day moving average indicator for ON?

Accepted Answer

ON moved above its 50-day moving average on August 15, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

What is the significance of the 10-day moving average indicator for ON?

Accepted Answer

The 10-day moving average for ON crossed bearishly below the 50-day moving average on August 05, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 13 of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 6

What does a 3-day decline signify for ON's future price movement?

Accepted Answer

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where ON declined for three days, in 196 of 272 cases, the price declined further within the following month. The odds of a continued downward trend are 72%.

Question 7

How does the Aroon Indicator reflect on ON's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 212 of 268 cases where ON Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

ON Stock ON Semiconductor (ON, $73) RSI Indicator left the overbought zone on May 16, 2024

ON in -2.57% downward trend, sliding for three consecutive days on August 12, 2024

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