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New Downtrend appears for ON after 1.77% move
On Thursday, August 6th, ON moved up 1.77% while volume was to 1.3× the usual levels. New Downtrend was spotted, which could indicate a shift in momentum. Key support levels exist at 75.83, 73.4 & 71.1, with resistance at 80.56, 82.86 & 85.29. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of ON: D
See all signals and full analysis for ON on SwingTradeBot.com →
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