What chart pattern is ChartPattern.io tracking on ON Semiconductor?
ChartPattern.io is currently tracking Double Bottom on ON Semiconductor in the Technology stock. Secondary context includes Rounding Bottom and Double Bottom.
Live Technology stock scanner page for ON Semiconductor. Review the double bottom setup, chart structure, and trade levels in one place.
Technical analysis of ON Semiconductor (ON) reveals a significant setup. The stock is trading at $74.06, up 2.51% on the day. The primary technical feature is a Double Bottom formation. The trend indicator is reading 44.1/100, suggesting moderate momentum. A potential breakout level is identified at $86.92, targeting $108.04 with support near $76.36 (R:R 2.0).
ON is part of the Technology stock on ChartPattern.io. The scanner currently highlights Double Bottom as the leading setup, with an entry near $86.92, a stop around $76.36, and a target near $108.04.
Double Bottom
46/100 CP Index
Entry $86.92 · Stop $76.36 · Target $108.04
Use advanced tools to confirm the Double Bottom on ON before you trade.
Reversal pattern. Price likely to break upwards.
Gradual reversal from bearish to bullish.
Reversal pattern after a downtrend.
What is your outlook on ON?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on ON.
ChartPattern.io is currently tracking Double Bottom on ON Semiconductor in the Technology stock. Secondary context includes Rounding Bottom and Double Bottom.
The current trade plan points to an entry near $86.92, a stop near $76.36, and a target near $108.04.
ON Semiconductor currently leans neutral. The page is showing a CP Index of 46/100, which helps summarize the current technical setup.