ON Semiconductor(ON)

ON Semiconductor (on) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for ON · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$92.33last close · Jul 22, 202652-week range $44.56 – $134.92 · 31.57% below the high

ON Triangle Pattern

ON is currently forming a triangle on the daily timeframe. Detected Jul 22, 2026.

A triangle is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $90.28 (−22.7%). Across 17,276 backtested triangles, the setup followed through 53.5% of the time, averaging +0.37R; ON's own triangles have hit 54.2%.

DirectionBearishTarget$90.28Projected move−22.7%Breakout level$115.03

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

ON's Most Recent Bullish Pennant Trade

ON's most recent completed bullish pennant resolved as a win: it broke higher on Apr 1, 2026 near $63.07, then reached its target at $106.02 on May 19, 2026 — a 68.1% move (+5.34R) over 33 sessions. Across 101 backtested bullish pennants, this setup wins 41.6% of the time.

OutcomeWinResult+68.1%R+5.34REntry$63.07Exit$106.02

Learn about bullish pennant

How Triangles Have Performed

Win rate

53.5%

Avg return

+0.37R

Backtested trades

17,276

ON win rate

54.2%

Historical pattern statistics (1986-12-19 – 2026-07-16), not a prediction.

How these backtests work →

ON Pattern Trade History

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

Pattern	Entry	Exit	Outcome	Result
Bullish Pennant	Apr 1, 2026 @ $63.07	May 19, 2026 @ $106.02	Win	+34.1% · +5.34R
Rising Wedge	Jan 30, 2026 @ $61.61	Feb 10, 2026 @ $67.38	Loss	+21.1% · -1.10R
Falling Wedge	Dec 3, 2025 @ $51.96	Jan 16, 2026 @ $60.33	Win	+21.1% · +1.13R
Rising Wedge	Jul 22, 2025 @ $59.78	Aug 4, 2025 @ $52.05	Win	+21.2% · +2.01R
Rising Wedge	May 12, 2025 @ $43.45	Jun 27, 2025 @ $52.93	Win	+24.4% · +1.51R
Falling Wedge	Apr 2, 2025 @ $39.19	Jun 3, 2025 @ $47.37	Loss	+25.2% · -1.16R
Falling Wedge	Nov 15, 2024 @ $65.97	Dec 2, 2024 @ $73.95	Loss	+17.5% · -1.06R
Falling Wedge	Oct 28, 2024 @ $72.96	Nov 15, 2024 @ $64.76	Loss	+17.3% · -1.13R
Triangle	Oct 15, 2024 @ $69.76	Jan 10, 2025 @ $57.43	Win	+19.4% · +2.02R
Triangle	Sep 10, 2024 @ $67.24	Sep 27, 2024 @ $74.39	Loss	+17.2% · -1.03R
Triangle	Sep 5, 2024 @ $69.60	Jan 8, 2025 @ $58.40	Win	+17.6% · +1.24R
Bullish Pennant	Oct 2, 2023 @ $95.58	Oct 20, 2023 @ $84.83	Loss	+25.6% · -1.23R

Triangle Examples on Other Charts

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

Open TDG’s live chart →

XLEEnergy Select Sector SPDR

Losing trade · −4.7%

Opened Jun 12, 2026

Closed Jul 22, 2026

Open XLE’s live chart →

AONAon

Winning trade · +9.3%

Opened Apr 15, 2026

Closed Jul 21, 2026

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Learn about triangle

ON Support and Resistance Levels

Price was turned away at a ceiling near $125.77 about 2 months ago and has been sliding since. On the weekly chart, the next floor below sits near $79.64 — still about 14% away.

Traders commonly watch $79.64 as a target (its 61.8% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $125.77 ceiling about 2 months ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

ON Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$89.90	$94.26	$89.31	$92.33
Jul 21, 2026	$91.05	$91.59	$88.43	$91.06
Jul 20, 2026	$89.88	$89.99	$86.50	$86.70
Jul 17, 2026	$84.42	$90.00	$83.35	$87.37
Jul 16, 2026	$88.95	$90.17	$86.55	$88.12
Jul 15, 2026	$94.56	$94.88	$90.45	$92.54
Jul 14, 2026	$95.44	$95.49	$91.82	$93.73
Jul 13, 2026	$92.99	$92.99	$90.09	$90.37
Jul 10, 2026	$96.32	$96.80	$94.29	$95.96
Jul 9, 2026	$98.00	$102.64	$97.68	$97.87

ON Frequently Asked Questions

What chart pattern is ON forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a triangle on ON Semiconductor (ON) on the daily chart, with a measured-move target of $90.28.

Is a triangle bullish or bearish?

The triangle detected on ON is a bearish pattern, projecting a measured-move target of $90.28. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a triangle pattern, and what is its win rate?

Across TradingPal's backtest of the triangle family (17,276 trades over 628 symbols), it resolved in the expected direction 53.5% of the time with an average of +0.37R. These are historical statistics, not a prediction.

What is the price target if ON's pattern breaks out?

The detected triangle has a geometry-based measured-move target of $90.28 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was ON's closing price on Jul 22, 2026?

ON Semiconductor (ON) last closed at $92.33 on Jul 22, 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.