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Bullish Moving Average Cross by On Semiconductor (ON)

By David Diaz

On Semiconductor (NASDAQ:ON) shares have crossed bullishly above their 10-day moving average of $19.51 on a volume of 981K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, On Semiconductor has traded in a range of $14.55 to $27.10 and is now at $19.79, 36% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1%.

SmarTrend is tracking the current trend status for On Semiconductor and will alert subscribers who have ON in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses ON Semiconductor

Ticker(s): ON