US stock / ETF

ON Semiconductor Corporation

ON · NASDAQ · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

ON 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $77.5 and stabilize above resistance $85.55.

Invalidation Trigger

Break above $85.55 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 32.3, MACD -0.366

4h
Volatility EnvironmentRange
Low volatility

ATR is $1.57 (2.12%)

4h

EMA Structure

Bearish
EMA 8$75.33Bearish
EMA 21$77.5Bearish
EMA 50$79.88Bearish

Signals

CategoryReadStrength
Momentum
RSI 32.3 · MACD -0.366

Momentum is weak

Strength
Bearish
Volatility
ATR $1.57 · BB 17.36%

Low volatility

Strength
Range
Volume
MFI 28.4 · OBV -24.23%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$73.52 - $85.55

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+17.42% · 8.2 ATR above latest close

$87.12
Nearest resistance

+15.3% · 7.2 ATR above · 34-bar high

$85.55
Current price

Price shown is delayed

$74.2
Nearest support

-0.92% · 0.4 ATR below · 34-bar low

$73.52
Deeper support zone

-3.04% · 1.4 ATR below latest close

$71.95
ATR zone

Latest close ± ATR14

$72.63 - $75.77

Indicators

Trend

Dow Theory Structure

Confirmation $76.96, invalidation $76.25

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

21.7 / 18.9 / 17.6Bullish
Supertrend (10,3)

Price is above Supertrend

$70.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$77.69 / $79.53Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Volatility

ATR (14)

Low volatility

$1.57 (2.12%)Range
Bollinger Bands (20,2)

Width 17.36%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$80.03 / $74.71Range
ATR channel lower / upper

Current Volatility Envelope

$72.63 / $75.77Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$85.55Range
Support

Nearest Downside Decision Level

$73.52Range

Momentum

RSI (14)

Momentum is weak

32.3Bearish
MACD (12,26,9)

Histogram is negative

-0.366Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.0 / 8.4Bullish
Williams %R (14)

Oversold zone

-91.0Bullish
CCI (20)

Weak expansion

-103.4Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

28.4Bearish
OBV slope

20-period OBV slope

-24.23%Bearish
Volume ratio

Relative to 20-period average volume

0.84xBearish

Trend

Dow Theory Structure

Confirmation $76.96, invalidation $76.25

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

21.7 / 18.9 / 17.6Bullish
Supertrend (10,3)

Price is above Supertrend

$70.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$77.69 / $79.53Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Momentum

RSI (14)

Momentum is weak

32.3Bearish
MACD (12,26,9)

Histogram is negative

-0.366Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.0 / 8.4Bullish
Williams %R (14)

Oversold zone

-91.0Bullish
CCI (20)

Weak expansion

-103.4Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$1.57 (2.12%)Range
Bollinger Bands (20,2)

Width 17.36%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$80.03 / $74.71Range
ATR channel lower / upper

Current Volatility Envelope

$72.63 / $75.77Range

Volume / Money Flow

MFI (14)

Money flow is weak

28.4Bearish
OBV slope

20-period OBV slope

-24.23%Bearish
Volume ratio

Relative to 20-period average volume

0.84xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$85.55Range
Support

Nearest Downside Decision Level

$73.52Range

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