On Holding AG (ONON)

On Holding AG is trading at $33.78, up 2.99% on the session. The 50 day average sits at $30.57 and the 200 day at $37.00, which puts the stock in a downtrend. RSI is at 48, which reads as neutral, and MACD is bearish crossover. Volume is average.

The nearest support is around $30.11 with resistance near $32.93, so that band frames the current range. Average daily movement is roughly $1.15, or about 3.4% of the share price, which is what any stop placement has to allow for. The overall health score of 49 out of 100 combines a trend score of 39, momentum of 47 and a risk score of 69.

On Holding AG, together with its subsidiaries, develops and distributes performance sports products under the On brand in Switzerland, the rest of Europe, the Middle East, Africa, the United States, the rest of the Americas, and the Asia-Pacific. The company offers athletic footwear, apparel, and accessories for performance running, performance outdoor, performance all day, performance training, performance tennis, and young movers. It sells its products to athletes and active customers through wholesale and direct-to-consumer channels; run specialty, general sporting goods, outdoor, luxury, street fashion, and lifestyle retailers; owned retail stores; and e-commerce platforms. On Holding AG was founded in 2010 and is headquartered in Zurich, Switzerland.