- ONNN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $57.3 million.
- ONNN has traded 1.3 million shares today.
- ONNN is trading at 2.70 times the normal volume for the stock at this time of day.
- ONNN crossed below its 200-day simple moving average.
'Roof Leaker' stocks are worth watching because trading stocks that begin to experience a breakdown can lead to potentially massive losses. Once psychological and technical resistance barriers like the 200-day moving average are breached on higher than normal relative volume, the stock may then be subject to emotional selling from investors that can continue to drive the stock lower. Regardless of the impetus behind the price and volume action, when a stock moves with weakness and volume it can indicate the start of a new, potentially dangerous, trend. EXCLUSIVE OFFER: Get the inside scoop on opportunities in ONNN with the Ticky from Trade-Ideas. See the FREE profile for ONNN NOW at Trade-Ideas More details on ONNN: ON Semiconductor Corporation designs, manufactures, and markets semiconductor components for electronic systems and products worldwide. It operates in three segments: Application Products Group, Standard Products Group, and System Solutions Group. ONNN has a PE ratio of 18.6. Currently there are 10 analysts that rate ON Semiconductor a buy, 1 analyst rates it a sell, and 3 rate it a hold.