Decline depth
-41.5%
From rolling 252-day high of $51.08, 223d ago.
Past the 40% Red List threshold.
-41.5%
from rolling 252-day high of $51.08 set 2026-01-09 · 223d ago
Current
$29.90
Decline depth
-41.5%
Decline σ
4.6σ
TFC
1/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since tracking began
$ONON has been tracked since 2026-03-01. It was down 23.7% from its 52-week high then — now down -41.5%.
That's 27.3 percentage points deeper than the day it joined.
Decline from the 52-week high as it stood on 2026-03-02 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
ONON qualifies for the Red List on decline depth.
Time-frame continuity
1/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
4.6σ
Drop from local high over the last 10 bars, expressed in units of the stock's typical daily volatility (5.21% per day).
Past the ≥4σ Watch threshold.
The structural read
What price action says about ONON.
ONON qualifies for the Red List on decline depth — down -41.5% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy.
Cross-confirmation: decline sigma also reads 4.6σ over 10 bars.
Earnings on file: 2026-08-11. Tiering is unaffected by earnings dates — listings reflect price structure only.
Questions about ONON
What people ask.
Why is ONON on Broken Stocks?
ONON qualifies for the Red List on decline depth. It is down -41.5% from its rolling 252-day high of $51.08, set on 2026-01-09 — 223d ago.
Is ONON a falling knife?
Not by the strict technical definition. ONON is down -41.5% from its 52-week high, but that high was set 223d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. ONON is still on the Red List for decline depth, but the freshness component of a falling knife is missing.
Is ONON a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is ONON trading inside its 52-week range?
At $29.90, ONON sits 0.0% of the way from its 52-week low ($30.11) to its 52-week high ($51.08). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has ONON been declining?
The current 41.5% decline accrued over 223d, which annualizes to roughly -67.9% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does ONON compare to its sector?
There are 130 other Consumer Cyclical tickers on Broken Stocks: 53 Red, 50 Amber, 27 Watch, with 35 showing recovering structural signals. Median sector decline is -34.0% — ONON's decline is deeper than the sector median.
Does ONON's earnings date affect its tier?
No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-08-11) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.