Use advanced tools to confirm the Diamond on ON before you trade.
Indecision. Widening then narrowing range.
Traders are watching ON Semiconductor (ON) as price action tightens. With a last close of $121.62, volatility remains active (7.7%). The primary technical feature is a Diamond formation. Buying pressure is strong relative to the 20-day average. A potential breakout level is identified at $134.92, targeting $171.18 with support near $116.79 (R:R 2.0).
What is your outlook on ON?