· Weekly signal · ON
ON Semiconductor Corporation (ON) keeps weekly trend active after steep rerating
The semiconductor stock is still drawing confirmation from momentum gauges, while turnover remains close to its recent weekly norm.
ON Semiconductor Corporation (ON) ended the latest week at 121.62 USD, extending a 4.1% one-week gain and a 4.7% four-week advance in weekly market data.
The weekly price path over 52 weeks shows a much larger 108.4% twelve-week move behind the setup. The trend signal remains active, Market Dynamics reads as confirmation at 1.5, and Relative Strength is positive but not stretched at 55.4.