ON SemiconductorON

ON Semiconductor (ON) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for ON · data as of Sep 2, 2026. The chart above is live; the read below updates daily.

$72.34last close · Sep 2, 202652-week range $44.56 – $134.92 · 46.38% below the high

ON falling wedge pattern

ON is currently forming a falling wedge on the daily timeframe. Detected Sep 2, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $101.16 (+25.5%).

DirectionBullishTarget$101.16Projected move+25.5%Breakout level$78.48

New to this pattern? What a falling wedge is and how to trade it →

ON's most recent falling wedge trade

ON's most recent completed falling wedge resolved as a loss: it broke higher on Sep 15, 2026 near $73.66, then was stopped out at $68.13 on Sep 17, 2026 — a 7.5% move (-1.69R) over 2 sessions. Across 137,198 backtested falling wedges, this setup wins 42.2% of the time.

OutcomeLossResult-7.5%R-1.69REntry$73.66Exit$68.13

Learn about falling wedge

ON pattern trade history

Every completed pattern trade our nightly backtest found on ON's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling wedgeSep 15, 2026 @ $73.66Sep 17, 2026 @ $68.12Loss+11.8% · -1.69R
Falling wedgeAug 17, 2026 @ $84.82Aug 19, 2026 @ $80.53Loss+16.4% · -1.22R
Falling wedgeAug 12, 2026 @ $84.34Aug 19, 2026 @ $80.53Loss+13.4% · -0.82R
Falling wedgeJul 29, 2026 @ $79.67Sep 16, 2026 @ $67.50Win+15.3% · +0.83R
Falling wedgeJul 17, 2026 @ $89.83Jul 29, 2026 @ $83.03Loss+35.6% · -2.08R
TriangleJun 26, 2026 @ $98.29Jun 26, 2026 @ $90.91Win+17.5% · +0.22R
Rising wedgeJun 9, 2026 @ $112.19Jun 26, 2026 @ $100.87Win+10.1% · +0.50R
Rising wedgeFeb 26, 2026 @ $68.12Mar 5, 2026 @ $60.89Win+10.6% · +1.82R
Rising wedgeFeb 10, 2026 @ $68.34Mar 5, 2026 @ $61.32Loss+15.8% · -1.40R
Rising wedgeFeb 3, 2026 @ $59.35Feb 10, 2026 @ $66.86Loss+18.4% · -1.00R
Rising wedgeJan 28, 2026 @ $66.78Feb 2, 2026 @ $59.77Loss+16.6% · -1.12R
Rising wedgeJan 5, 2026 @ $58.19Feb 20, 2026 @ $67.79Win+18.2% · +2.29R

Falling wedge examples on other charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about falling wedge

ON support and resistance levels

Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.

  • Much of the time charts simply drift between levels; the best reads are worth waiting for.
  • Keep an eye out for price approaching a floor (where it tends to steady) or a ceiling (where it tends to stall) — that's usually where the next readable move begins.

ON recent daily prices

DateOpenHighLowClose
Sep 2, 2026$72.86$74.14$71.66$72.34
Sep 1, 2026$72.63$73.10$71.41$72.65
Aug 31, 2026$73.55$74.98$73.35$74.09
Aug 28, 2026$74.40$74.40$72.05$72.61
Aug 27, 2026$74.55$74.91$73.18$74.80
Aug 26, 2026$72.56$73.83$72.39$73.22
Aug 25, 2026$73.13$73.37$71.63$72.51
Aug 24, 2026$73.45$73.53$70.92$71.93
Aug 21, 2026$75.27$75.67$73.52$74.21
Aug 20, 2026$76.00$76.69$74.50$74.71

ON frequently asked questions

What chart pattern is ON forming right now?
As of Sep 2, 2026, TradingPal's detector identifies a falling wedge on ON Semiconductor (ON) on the daily chart, with a measured-move target of $101.16.
Is a falling wedge bullish or bearish?
The falling wedge detected on ON is a bullish pattern, projecting a measured-move target of $101.16. See its full backtested track record above — that's the real edge, not the textbook label.
What is the price target if ON's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $101.16 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was ON's closing price on Sep 2, 2026?
ON Semiconductor (ON) last closed at $72.34 on Sep 2, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.