ON:
The current market price is 50.1, which remains unchanged from the previous close.
Support and Resistance Levels
The three support levels are 49.5, 49.0, and 48.5. The resistance levels are 51.0, 51.5, and 52.0. The pivot point is 50.1.
Indicators
The RSI is at 68.08, suggesting potential overbought conditions. ATR is 0.36555, indicating volatility. The Parabolic SAR is at 51.44121, suggesting an upward trend. 50-day SMA is at 51.51, while the 200-day EMA is 52.00368.
Market Sentiment
The market is bullish as the price is below the pivot point (50.1), but indicators suggest caution due to high RSI values.
ON Signals & Technical Analysis
Last Updated: <% indicators.interval.updated|date:'MMM d, y h:mm:ss a' %>
ON Semiconductor Corporation (NASDAQ: ON) is a leading US-based supplier of semiconductor solutions, dedicated to providing energy-efficient innovations for various applications. Established in 1999, the company has grown significantly through strategic acquisitions and investments, positioning itself as a key player in the semiconductor industry. ON Semiconductor focuses on delivering high-performance products designed to enhance the functionality and efficiency of electronic devices while reducing their environmental impact.
Market Position
As a prominent supplier in the semiconductor sector, ON Semiconductor holds a strong competitive position in various markets, including automotive, industrial, communications, and consumer electronics. The company is recognized for its robust portfolio of analog, digital, and mixed-signal semiconductor components. ON Semiconductor has made a significant commitment to expanding its automotive offerings, addressing the increasing demand for electric vehicles (EVs) and advanced driver-assistance systems (ADAS) driven by technological advancements and regulatory requirements. The company's strategic focus on innovation has solidified its reputation as a trusted partner for major global OEMs and Tier 1 suppliers.
Key Financial Highlights
ON Semiconductor has demonstrated impressive financial performance, reflecting its growth strategy and market demand for semiconductor products. In recent quarters, the company has reported rising revenues driven by robust sales in its key markets. For instance, in the last fiscal year, ON Semiconductor achieved a revenue increase of approximately 30%, underscoring its expanding market share and the effectiveness of its product development efforts. Additionally, the company’s commitment to operational efficiency and cost management has contributed to improved profit margins, further enhancing shareholder value.
Industry Outlook
The semiconductor industry is poised for significant growth, driven by the ongoing digital transformation across various sectors. As the demand for high-performance semiconductors continues to rise, ON Semiconductor is well-positioned to capitalize on emerging opportunities. The company’s investment in research and development, along with its efforts to innovate sustainable technologies, positions it as a leader in the transition toward a more energy-efficient future, making ON Semiconductor an attractive stock for investors looking to engage with a forward-thinking technology company.