ON Semiconductor (ON, $47.37) price may drop as it broke higher Bollinger Band on Jun 03, 2025

#Semiconductors, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #LargeCap, #Nasdaq100
ON - ON Semiconductor Corp
Bollinger signal
Bearish Trend
79%
Odds of DOWN Trend
Price: $47.37
Daily change: +$4.83 (+11.35%)
Daily volume: 24.1M
Capitalization: $19.8B
Industry: Semiconductors

This price move could be a signal that ON may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 48 similar cases where ON's price broke its higher Bollinger Band, and 38 of them led to a successful outcome. Odds of Success: 79%.