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On Semiconductor Crosses Below its 10-day MA (ON)

By Shiri Gupta

On Semiconductor (NASDAQ:ON) crossed under its 10-day moving average of $22.75 on a volume of 1.1 million shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower 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 54% above that low price at $22.37 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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