Why is ONON Up Today?

ONON
$27.48
▲ +2.33% (+$0.64)
Last updated: Sep 11, 2026 8:36 PM ET (471 min ago)

About On Holding AG

On Holding AG is a premium performance sports brand rooted in technology, design, and impact. Its shoes, apparel, and accessories products are designed predominantly for athletic use, casual, or leisure purposes. It does not manufacture the products or the raw materials and relies instead on third-p...

Sector: Rubber & Plastics Footwear
Market Cap: $13.38B
Forward P/E: 31.9
52-Week Range: $26.60 - $51.08
Employees: 3,254

Overall Confidence: 75%

75% Confident

Based on news, social sentiment, options activity, and sector analysis

OPTIONS 75% Confidence
🎯 Unusual CALL buying detected
Options traders are heavily buying calls on ONON, with 93% of volume in calls. This suggests bullish institutional positioning.

✅ Move Confirmation

LOW VOLUME 0.7x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

Market Comparison

ONON is outperforming the market (+1.5% vs SPY)
S&P 500
SPY
+0.85%
Nasdaq 100
QQQ
+0.87%
ONON
This Stock
+2.33%
vs S&P 500: +1.48%
vs Nasdaq: +1.46%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, ONON is expected to trade between:
$26.93 - $28.30

Key Level to Watch

$28.85 resistance
Watch for continuation above $27.48

🔔 Get ONON Alerts

We'll notify you when ONON's trend changes or a new signal fires.

Last updated: Sep 11, 2026 8:36 PM (471 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.08
Put/Call Ratio
87.3%
Implied Volatility
Call Volume: 122,564
Put Volume: 9,739
Total: 132,303
Unusual Activity: $29 CALL (28,867 vol) $29 CALL (27,322 vol) $29 CALL (23,958 vol)

Historical Context

ONON has moved more than 3.0% up on 31 occasions in the past year.

51.6%
Continuation Rate
16/31 times continued up
-0.59%
Avg Next Day Change
After similar up moves
Last similar move: Aug 10, 2026 (3.3%) → Next day: -20.3%

Frequently Asked Questions

Why is ONON stock up today?

Options traders are heavily buying calls on ONON, with 93% of volume in calls. This suggests bullish institutional positioning.

Is ONON stock a buy or sell right now?

Based on current analysis, ONON shows 75% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the ONON stock price target?

ONON is currently trading at $27.48. Based on today's momentum, the expected short-term range is $26.93 - $28.30. See long-term price prediction →

Will ONON stock continue rising?

Our analysis shows a 45% probability that ONON's move continues in the next 1-3 days. Key level to watch: $28.85 (resistance).

Is ONON stock oversold or overbought?

ONON's RSI (Relative Strength Index) is currently at 32.3. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for ONON stock?

ONON's 10-day momentum indicator is at -1.54. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is ONON outperforming or underperforming the market?

ONON (+2.33%) is currently outperforming the market (+1.5% vs SPY). Today, the S&P 500 (SPY) is up 0.85%, and Nasdaq (QQQ) is up 0.87%.

What does MACD indicate for ONON?

ONON's MACD (-1.91) is currently above the signal line (-1.97), indicating a bullish trend. This technical signal suggests buying pressure is dominant. The trend strength (ADX: 33.9) is strong.

Is ONON in an uptrend or downtrend?

Based on moving average analysis, ONON is in a bearish trend. The price ($27.48) is trading below both the 20-day SMA ($28.99) and 50-day SMA ($33.59). This alignment typically indicates sustained downward pressure.

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