Is ON Semiconductor Corp. technically bullish or bearish?

As of 4 September 2025, the technical trend for ON Semiconductor Corp. has changed from sideways to mildly bearish. The weekly and monthly MACD indicators are both bearish, and the KST shows a mildly bearish stance on the weekly and bearish on the monthly. The Bollinger Bands indicate a bullish signal on the weekly but a mildly bearish signal on the monthly. Moving averages are mildly bullish on the daily timeframe, while the Dow Theory suggests a mildly bullish trend on the weekly but no trend on the monthly. The OBV is mildly bearish across both weekly and monthly periods.
In terms of performance, ON Semiconductor has underperformed the S&P 500 significantly over the year and three-year periods, with returns of -26.63% and -24.82% respectively, compared to the S&P 500's 17.14% and 70.41%. However, it has shown strong returns over the five-year period at 141.97%, outperforming the S&P 500's 96.61%. Overall, the current technical stance is mildly bearish.