Is ON Semiconductor Corp. technically bullish or bearish?

As of 31 October 2025, the technical trend for ON Semiconductor Corp. has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by bearish signals in the MACD and KST on both weekly and monthly time frames, as well as a bearish indication from the Bollinger Bands. The moving averages show a mildly bullish signal on the daily chart, but this is outweighed by the overall bearish indicators. Additionally, the stock has underperformed compared to the S&P 500 across multiple periods, with a year-to-date return of -19.97% versus the S&P 500's 16.30%, and a one-year return of -28.92% compared to the S&P 500's 19.89%.