On Holding AG (ONON, $44.76) entered Downtrend as Momentum indicator drops below 0 level on Apr 24, 2025

#ApparelFootwear, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #LargeCap
ONON - On Holding AG
Momentum signal
Bearish Trend
80%
Odds of DOWN Trend
Price: $44.76
Daily change: +$0.83 (+1.89%)
Daily volume: 2.5M
Capitalization: $14.5B
Industry: Apparel/Footwear

This indicator may be signaling that ONON's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 66 similar cases where ONON's Momentum Indicator fell below the 0 level, and 53 of them led to a successful outcome. Odds of Success: 80%.