By Mill Chart
Last update: Dec 1, 2023
Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if ASML HOLDING NV-NY REG SHS (NASDAQ:ASML) is suited for growth investing, while it is forming a base and may be ready to breakout. Investors should of course do their own research, but we spotted ASML HOLDING NV-NY REG SHS showing up in our growth with base formation screen, so it may be worth spending some more time on it.
Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. NASDAQ:ASML boasts a 8 out of 10:
Every stock is evaluated by ChartMill, receiving a Health Rating on a scale of 0 to 10. This assessment considers different health aspects, including liquidity and solvency, both in absolute terms and relative to industry peers. NASDAQ:ASML has achieved a 7 out of 10:
ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NASDAQ:ASML, the assigned 9 is a significant indicator of profitability:
ChartMill also assign a Setup Rating to every stock. With this score it is determined to what extend the stock has been trading in a range in the recent days and weeks. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. NASDAQ:ASML scores a 8 out of 10:
Besides having an excellent technical rating, ASML also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 683.75, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ASML in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.
Our latest full fundamental report of ASML contains the most current fundamental analsysis.
Check the latest full technical report of ASML for a complete technical analysis.
This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.
ASML HOLDING NV-NY REG SHS
NASDAQ:ASML (2/22/2024, 7:00:00 PM)After market: 949.93 -1.92 (-0.2%)
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Analyzing the Quality Characteristics of ASML HOLDING NV-NY REG SHS (NASDAQ:ASML).