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On Semiconductor Bullish Moving Average Crossover Alert (ON)

By James Quinn

On Semiconductor (NASDAQ:ON) crossed over its 10-day moving average of $18.26 on a volume of 1.1 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

On Semiconductor share prices have moved between a 52-week high of $27.10 and a 52-week low of $14.55 and are now trading 27% above that low price at $18.46 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 1.8%.

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