Breakout Radar
ONON breakout setup
On Holding AG (ONON), Shoe Manufacturing, was flagged by the Breakout Radar on Nov 3, 2026 at $36.56, 5.0% under its $38.40 pivot.
$38.40
Pivot
166 sessions
Base length
10×
Resistance tests
3×
Floor touches
Daily candles. Red: the base's resistance. Blue: its floor. Lines as the radar draws them today.
Why it was flagged
First base since the advance began (Stage 1) (above a flat or falling 200-day average) for 166 sessions under a gently falling resistance at 38.40 tested 10 times, with a flat or rising floor touched 3 times and the range narrowing to 20% of its start.
What happened next
Still basing. Last close $36.50 (Nov 3, 2026), -0.2% since it was flagged.
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A measured chart pattern, not a recommendation. Not investment advice.