US stock / ETF

ON Semiconductor Corporation

ON · NASDAQ · USD

4 hoursBearish69%
4h Downside probability 69%Bearish

ON 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $119.13 and stabilize above resistance $134.8.

Invalidation Trigger

Break above $134.8 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 43.6, MACD -0.700

4h
Volatility EnvironmentBearish
High volatility

ATR is $6.09 (5.39%)

4h

EMA Structure

Range
EMA 8$118.15Bearish
EMA 21$119.13Bearish
EMA 50$116.81Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.6 · MACD -0.700

Momentum is weak

Strength
Bearish
Volatility
ATR $6.09 · BB 19.30%

High volatility

Strength
Bearish
Volume
MFI 44.4 · OBV -2.68%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$108.38 - $134.8

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+24.81% · 4.6 ATR above latest close

$140.88
Nearest resistance

+19.41% · 3.6 ATR above · 34-bar high

$134.8
Current price

Price shown is delayed

$112.88
Nearest support

-3.99% · 0.7 ATR below · 34-bar low

$108.38
Deeper support zone

-9.38% · 1.7 ATR below latest close

$102.29
ATR zone

Latest close ± ATR14

$106.79 - $118.97

Indicators

Trend

Dow Theory Structure

Confirmation $132.34, invalidation $112.81

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

19.4 / 27.1 / 32.6Bearish
Supertrend (10,3)

Price is above Supertrend

$95.23Bullish
Ichimoku Cloud

Cloud Span A / Span B

$121.09 / $119.45Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Volatility

ATR (14)

High volatility

$6.09 (5.39%)Bearish
Bollinger Bands (20,2)

Width 19.30%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$131.29 / $106.94Bearish
ATR channel lower / upper

Current Volatility Envelope

$106.79 / $118.97Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$134.8Range
Support

Nearest Downside Decision Level

$108.38Range

Momentum

RSI (14)

Momentum is weak

43.6Bearish
MACD (12,26,9)

Histogram is negative

-0.700Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.5 / 12.3Bearish
Williams %R (14)

Oversold zone

-92.5Bullish
CCI (20)

Balanced zone

-81.1Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.4Bearish
OBV slope

20-period OBV slope

-2.68%Bearish
Volume ratio

Relative to 20-period average volume

0.95xRange

Trend

Dow Theory Structure

Confirmation $132.34, invalidation $112.81

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

19.4 / 27.1 / 32.6Bearish
Supertrend (10,3)

Price is above Supertrend

$95.23Bullish
Ichimoku Cloud

Cloud Span A / Span B

$121.09 / $119.45Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Momentum

RSI (14)

Momentum is weak

43.6Bearish
MACD (12,26,9)

Histogram is negative

-0.700Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.5 / 12.3Bearish
Williams %R (14)

Oversold zone

-92.5Bullish
CCI (20)

Balanced zone

-81.1Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$6.09 (5.39%)Bearish
Bollinger Bands (20,2)

Width 19.30%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$131.29 / $106.94Bearish
ATR channel lower / upper

Current Volatility Envelope

$106.79 / $118.97Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

44.4Bearish
OBV slope

20-period OBV slope

-2.68%Bearish
Volume ratio

Relative to 20-period average volume

0.95xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$134.8Range
Support

Nearest Downside Decision Level

$108.38Range

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