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MACD Bullish Signal Line Cross appears for ON after 3.61% move
ON posted a 3.61% gain on Friday, August 7th, accompanied by 0.6× normal trading volume. Mixed technical signals appeared with MACD Bullish Signal Line Cross suggesting upside potential, while Slingshot Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 80.04, 78.91 & 78.12, with resistance at 81.96, 82.75 & 83.88. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of ON: D
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