Stock Of The Day: Will On Semiconductor's Meltdown Continue?
Stock Of The Day: Will On Semiconductor's Meltdown Continue?
If demand and supply are equal, or if there's more demand than supply, traders and investors who wish to sell can do so without any issues. But if there is more supply than there is demand, sellers will need to offer their shares out at a discount to get the interest of those who may wish to buy.There has been more supply, or shares for sale, than there has been demand, or shares to buy, for ON Semiconductor Corporation (NASDAQ:ON), pushing the price lower.
安森美半导体公司（纳斯达克：ON）的供应，即可供出售的股票，超过了需求，即可购买的股票，导致价格下跌。
There is a good chance that a new downtrend is forming. This is why our team of technical analysts has made it our Stock of the Day.
很有可能形成一个新的下行趋势。这就是我们技术面分析团队将其选为今日股票的原因。
Sometimes, analysts overcomplicate technical analysis. They seem to forget that if understood and applied correctly, it is the analysis of supply and demand in a market.
有时，分析师会让技术面分析变得复杂。他们似乎忘记，如果正确理解和应用，它就是市场供需的分析。
If demand and supply are equal, or if there's more demand than supply, traders and investors who wish to sell can do so without any issues. But if there is more supply than there is demand, sellers will need to offer their shares out at a discount to get the interest of those who may wish to buy.
如果需求和供应相等，或者需求大于供应，想要卖出的交易者和投资者可以顺利完成。但如果供应大于需求，卖家将需要以折扣价出售他们的股票，以吸引想要买入的人。
This will force the stock into a downtrend.
这将迫使股票进入下行趋势。
Price levels that have more demand than supply are called support levels. Downtrends pause or end when they reach support levels.
供需更大于供应的价格水平被称为压力位。当下行趋势达到压力位时，通常会暂停或结束。
As you can see on the chart, the $61 level has been support for ON Semiconductor. Downtrends ended at this level in October 2023 and April 2024.
正如您在图表上看到的，61美元水平一直是安森美半导体的支持位。下行趋势在2023年10月和2024年4月时于此水平结束。
Sometimes stocks rally after they reach support. This happens when some of the buyers who created the support become concerned. They are worried that other traders and investors who wish to buy will increase the prices they are willing to pay for shares.
有时股票在达到压力位后会反弹。当一些创建了支持位的买家感到担忧时，情况往往如此。他们担心其他想要买入的交易者和投资者会提高他们愿意为股票支付的价格。
These concerned buyers know that the sellers will go to whoever is willing to pay the highest price. As a result, they increase the prices they are willing to pay. Other concerned buyers see this and do the same thing.
这些关心的买家知道，卖家会去找愿意出最高价的人。因此，他们提高了自己愿意支付的价格。其他关心的买家看到这一点，也做了同样的事情。
This could result in a bidding war or snowball effect that pushes the price higher. This is what happened the last two times ON reached $61.
这可能导致竞标战或滚雪球效应，推动价格上涨。这是安森美半导体在达到61美元的最后两次所发生的情况。
However, this support level appears to have been broken, with shares closing below it.
然而，这个压力位似乎已经被突破，股票收盘价低于该水平。
This could mean the people who created the support with their buy orders have left the market. They have either canceled or finished their orders.
这可能意味着那些通过买入订单建立压力位的人已经退出市场。他们要么取消了，要么完成了他们的订单。
Sellers may be forced once again to push the price lower to get the attention of buyers. This could cause a new downtrend in ON Semiconductor.
卖家可能再次被迫将价格压低，以吸引买家的注意。这可能导致安森美半导体出现新的下跌趋势。
