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MACD Bearish Signal Line Cross appears for ON after 3.07% move
ON posted a 3.07% loss on Monday, August 24th, accompanied by 0.6× normal trading volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 70.74, 69.53 & 68.15, with resistance at 73.33, 74.71 & 75.92. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of ON: D
More technical signals and insights for ON → Visit SwingTradeBot.com
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