NASDAQ ยท EQUITY ยท ENHANCED MARKET DYNAMICS

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ON Semiconductor Corporation

US ยท Technology ยท Semiconductors

EMD SCORE36/100

CURRENT COMPLETED-WEEK READ

Cautious

The balance of evidence is weakening and risk control deserves more attention. Conditions are cautious and have weakened over the latest four completed weeks.

Deterioration60% directional agreement87% evidence confidence
Completed week
28 Aug 2026
Latest close
USD 72.61
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

1 supportive ยท 4 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
8 Sep 2023โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท USD +100+500-50-100 126.9077.6628.42 8 Sep 2023 ยท EMD 61/100 ยท close 97.92 15 Sep 2023 ยท EMD 55/100 ยท close 93.10 22 Sep 2023 ยท EMD 62/100 ยท close 93.81 29 Sep 2023 ยท EMD 61/100 ยท close 92.95 6 Oct 2023 ยท EMD 54/100 ยท close 90.93 13 Oct 2023 ยท EMD 50/100 ยท close 89.14 20 Oct 2023 ยท EMD 38/100 ยท close 84.83 27 Oct 2023 ยท EMD 41/100 ยท close 83.52 3 Nov 2023 ยท EMD 34/100 ยท close 68.25 10 Nov 2023 ยท EMD 35/100 ยท close 67.38 17 Nov 2023 ยท EMD 32/100 ยท close 70.03 24 Nov 2023 ยท EMD 30/100 ยท close 69.28 1 Dec 2023 ยท EMD 42/100 ยท close 74.18 8 Dec 2023 ยท EMD 37/100 ยท close 76.14 15 Dec 2023 ยท EMD 44/100 ยท close 85.65 22 Dec 2023 ยท EMD 41/100 ยท close 84.01 29 Dec 2023 ยท EMD 39/100 ยท close 83.53 5 Jan 2024 ยท EMD 31/100 ยท close 75.70 12 Jan 2024 ยท EMD 28/100 ยท close 73.47 19 Jan 2024 ยท EMD 35/100 ยท close 73.87 26 Jan 2024 ยท EMD 28/100 ยท close 71.71 2 Feb 2024 ยท EMD 35/100 ยท close 70.83 9 Feb 2024 ยท EMD 48/100 ยท close 80.80 16 Feb 2024 ยท EMD 42/100 ยท close 78.64 23 Feb 2024 ยท EMD 41/100 ยท close 76.19 1 Mar 2024 ยท EMD 49/100 ยท close 81.14 8 Mar 2024 ยท EMD 42/100 ยท close 78.95 15 Mar 2024 ยท EMD 35/100 ยท close 74.87 22 Mar 2024 ยท EMD 37/100 ยท close 74.68 29 Mar 2024 ยท EMD 34/100 ยท close 73.55 5 Apr 2024 ยท EMD 30/100 ยท close 69.32 12 Apr 2024 ยท EMD 28/100 ยท close 66.64 19 Apr 2024 ยท EMD 25/100 ยท close 60.71 26 Apr 2024 ยท EMD 36/100 ยท close 68.06 3 May 2024 ยท EMD 36/100 ยท close 70.37 10 May 2024 ยท EMD 35/100 ยท close 70.46 17 May 2024 ยท EMD 41/100 ยท close 73.17 24 May 2024 ยท EMD 39/100 ยท close 72.56 31 May 2024 ยท EMD 39/100 ยท close 73.04 7 Jun 2024 ยท EMD 38/100 ยท close 72.31 14 Jun 2024 ยท EMD 36/100 ยท close 71.97 21 Jun 2024 ยท EMD 34/100 ยท close 68.52 28 Jun 2024 ยท EMD 36/100 ยท close 68.55 5 Jul 2024 ยท EMD 44/100 ยท close 73.38 12 Jul 2024 ยท EMD 51/100 ยท close 76.87 19 Jul 2024 ยท EMD 46/100 ยท close 72.53 26 Jul 2024 ยท EMD 44/100 ยท close 70.17 2 Aug 2024 ยท EMD 36/100 ยท close 67.95 9 Aug 2024 ยท EMD 47/100 ยท close 71.30 16 Aug 2024 ยท EMD 53/100 ยท close 75.84 23 Aug 2024 ยท EMD 54/100 ยท close 76.36 30 Aug 2024 ยท EMD 59/100 ยท close 77.87 6 Sep 2024 ยท EMD 42/100 ยท close 67.92 13 Sep 2024 ยท EMD 50/100 ยท close 71.72 20 Sep 2024 ยท EMD 42/100 ยท close 69.57 27 Sep 2024 ยท EMD 55/100 ยท close 74.39 4 Oct 2024 ยท EMD 52/100 ยท close 71.54 11 Oct 2024 ยท EMD 48/100 ยท close 70.33 18 Oct 2024 ยท EMD 38/100 ยท close 68.49 25 Oct 2024 ยท EMD 47/100 ยท close 71.25 1 Nov 2024 ยท EMD 46/100 ยท close 70.99 8 Nov 2024 ยท EMD 43/100 ยท close 70.41 15 Nov 2024 ยท EMD 33/100 ยท close 64.76 22 Nov 2024 ยท EMD 43/100 ยท close 69.62 29 Nov 2024 ยท EMD 40/100 ยท close 71.12 6 Dec 2024 ยท EMD 31/100 ยท close 66.52 13 Dec 2024 ยท EMD 34/100 ยท close 65.96 20 Dec 2024 ยท EMD 31/100 ยท close 65.50 27 Dec 2024 ยท EMD 31/100 ยท close 66.01 3 Jan 2025 ยท EMD 32/100 ยท close 63.91 10 Jan 2025 ยท EMD 22/100 ยท close 53.94 17 Jan 2025 ยท EMD 27/100 ยท close 54.63 24 Jan 2025 ยท EMD 24/100 ยท close 54.50 31 Jan 2025 ยท EMD 23/100 ยท close 52.34 7 Feb 2025 ยท EMD 27/100 ยท close 51.25 14 Feb 2025 ยท EMD 33/100 ยท close 51.83 21 Feb 2025 ยท EMD 28/100 ยท close 54.05 28 Feb 2025 ยท EMD 23/100 ยท close 47.05 7 Mar 2025 ยท EMD 26/100 ยท close 45.40 14 Mar 2025 ยท EMD 26/100 ยท close 43.19 21 Mar 2025 ยท EMD 29/100 ยท close 43.78 28 Mar 2025 ยท EMD 23/100 ยท close 40.94 4 Apr 2025 ยท EMD 22/100 ยท close 33.70 11 Apr 2025 ยท EMD 25/100 ยท close 35.08 18 Apr 2025 ยท EMD 25/100 ยท close 34.64 25 Apr 2025 ยท EMD 32/100 ยท close 39.63 2 May 2025 ยท EMD 36/100 ยท close 41.91 9 May 2025 ยท EMD 37/100 ยท close 40.98 16 May 2025 ยท EMD 36/100 ยท close 44.92 23 May 2025 ยท EMD 30/100 ยท close 41.27 30 May 2025 ยท EMD 32/100 ยท close 42.02 6 Jun 2025 ยท EMD 49/100 ยท close 50.17 13 Jun 2025 ยท EMD 46/100 ยท close 51.02 20 Jun 2025 ยท EMD 53/100 ยท close 52.82 27 Jun 2025 ยท EMD 56/100 ยท close 52.93 4 Jul 2025 ยท EMD 61/100 ยท close 56.60 11 Jul 2025 ยท EMD 65/100 ยท close 59.73 18 Jul 2025 ยท EMD 66/100 ยท close 60.72 25 Jul 2025 ยท EMD 64/100 ยท close 56.92 1 Aug 2025 ยท EMD 66/100 ยท close 56.82 8 Aug 2025 ยท EMD 52/100 ยท close 47.66 15 Aug 2025 ยท EMD 62/100 ยท close 51.09 22 Aug 2025 ยท EMD 62/100 ยท close 51.85 29 Aug 2025 ยท EMD 53/100 ยท close 49.59 5 Sep 2025 ยท EMD 56/100 ยท close 49.10 12 Sep 2025 ยท EMD 49/100 ยท close 48.26 19 Sep 2025 ยท EMD 55/100 ยท close 51.07 26 Sep 2025 ยท EMD 52/100 ยท close 50.16 3 Oct 2025 ยท EMD 51/100 ยท close 49.27 10 Oct 2025 ยท EMD 41/100 ยท close 45.74 17 Oct 2025 ยท EMD 56/100 ยท close 52.53 24 Oct 2025 ยท EMD 49/100 ยท close 50.71 31 Oct 2025 ยท EMD 48/100 ยท close 50.08 7 Nov 2025 ยท EMD 48/100 ยท close 47.83 14 Nov 2025 ยท EMD 35/100 ยท close 46.92 21 Nov 2025 ยท EMD 39/100 ยท close 46.70 28 Nov 2025 ยท EMD 46/100 ยท close 50.24 5 Dec 2025 ยท EMD 56/100 ยท close 54.74 12 Dec 2025 ยท EMD 57/100 ยท close 54.96 19 Dec 2025 ยท EMD 66/100 ยท close 55.21 26 Dec 2025 ยท EMD 59/100 ยท close 54.93 2 Jan 2026 ยท EMD 68/100 ยท close 56.70 9 Jan 2026 ยท EMD 80/100 ยท close 62.16 16 Jan 2026 ยท EMD 80/100 ยท close 60.33 23 Jan 2026 ยท EMD 83/100 ยท close 61.98 30 Jan 2026 ยท EMD 75/100 ยท close 59.89 6 Feb 2026 ยท EMD 90/100 ยท close 65.20 13 Feb 2026 ยท EMD 92/100 ยท close 72.21 20 Feb 2026 ยท EMD 87/100 ยท close 69.11 27 Feb 2026 ยท EMD 82/100 ยท close 66.48 6 Mar 2026 ยท EMD 67/100 ยท close 56.87 13 Mar 2026 ยท EMD 74/100 ยท close 58.55 20 Mar 2026 ยท EMD 69/100 ยท close 59.26 27 Mar 2026 ยท EMD 62/100 ยท close 58.35 3 Apr 2026 ยท EMD 75/100 ยท close 62.19 10 Apr 2026 ยท EMD 80/100 ยท close 68.65 17 Apr 2026 ยท EMD 88/100 ยท close 83.01 24 Apr 2026 ยท EMD 91/100 ยท close 98.40 1 May 2026 ยท EMD 93/100 ยท close 103.03 8 May 2026 ยท EMD 93/100 ยท close 103.20 15 May 2026 ยท EMD 91/100 ยท close 113.11 22 May 2026 ยท EMD 92/100 ยท close 116.20 29 May 2026 ยท EMD 83/100 ยท close 120.62 5 Jun 2026 ยท EMD 82/100 ยท close 117.26 12 Jun 2026 ยท EMD 87/100 ยท close 116.79 19 Jun 2026 ยท EMD 88/100 ยท close 121.62 26 Jun 2026 ยท EMD 75/100 ยท close 90.65 3 Jul 2026 ยท EMD 80/100 ยท close 91.22 10 Jul 2026 ยท EMD 79/100 ยท close 95.96 17 Jul 2026 ยท EMD 70/100 ยท close 87.37 24 Jul 2026 ยท EMD 62/100 ยท close 86.81 31 Jul 2026 ยท EMD 55/100 ยท close 81.61 7 Aug 2026 ยท EMD 49/100 ยท close 81.17 14 Aug 2026 ยท EMD 49/100 ยท close 82.66 21 Aug 2026 ยท EMD 36/100 ยท close 74.21 28 Aug 2026 ยท EMD 36/100 ยท close 72.61 2 May 2025 ยท Up-cycle confirmed ยท close 41.91 26 Jun 2026 ยท Down-cycle confirmed ยท close 90.65 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 66%Current EMD -27.74-week EMD change -37.1156-week price range USD 33.70โ€“121.62

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Each state uses completed-week information available at that point.

01

Lower zone

Price establishes residence near the bottom of its long-cycle range. Improving EMD separates early repair from continued deterioration.

02

Upward journey

Price leaves the lower zone while EMD confirms improving participation. The objective is the broader move toward the upper zone, not a short weekly trade.

03

Upper zone

Price establishes residence near the top of its long-cycle range. This is the profit-harvest area, with EMD watched for exhaustion and loss of support.

04

Downward journey

Price leaves the upper zone while EMD weakens. The reverse cycle remains active until lower-zone residence is confirmed again.

CURRENT READINGS

What the latest week shows

Completed-week values

01

Underlying pressure

21/100-1.11

Cautious pressure beneath price
4-week change -0.18

02

Trend and deviation

1/100-15.4% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

28/1004w -11.0% ยท 13w -39.8%

Momentum is applying downside pressure
SMI 0.38

04

Price-volume pressure

48/10048% constructive pressure

Volume is leaning against the close
Volume ratio 0.61x

05

Relative leadership

21/100-7.80

The ticker is lagging its benchmark
4-week change -17.25

06

Modeled Trend

86/100Modeled Trend 0.68

Modeled Trend is supportive
Smoothed Modeled Trend 0.68

Evidence context