Overall ASMG gets a technical rating of 5 out of 10. In the last year, ASMG was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
ASMG has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
13.47
5 important support areas can be observed.
- A support zone ranging from 23.10 to 23.43. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @21.53 from a trend line in the daily time frame.
- A support zone ranging from 21.05 to 21.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.99 from a trend line in the daily time frame.
- Support @13.61 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ASMG is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASMG is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ASMG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ASMG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ASMG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASMG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.52 | NEUTRAL | The RSI value for ASMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests ASMG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.18 | OVERSOLD | The low Stochastics value suggests ASMG may be oversold. |
| Average True Range in percent/ATR (20) | 6.17 | HIGH VOLATILITY | The high ATR as a percentage value for ASMG suggests high volalility. |
| Average Directional Index/ADX (14) | 20.2 | NEUTRAL | The ADX value for ASMG suggests a possible start of a new trend. |
24.5505
+0.83 (+3.5%)
LEVERAGE SHARES 2X ASML / ASMG FAQ
What is the ChartMill technical rating of LEVERAGE SHARES 2X ASML (ASMG) stock?
ChartMill assigns a technical rating of 5 / 10 to ASMG.
Can you provide the trend direction for LEVERAGE SHARES 2X ASML?
The current trend direction for LEVERAGE SHARES 2X ASML (ASMG) is Bullish.
What is the RSI signal for LEVERAGE SHARES 2X ASML (ASMG) stock?
LEVERAGE SHARES 2X ASML (ASMG) has an RSI value of 47.5161. This indicates that the stock is currently neutral.
Can you provide the short term momentum for LEVERAGE SHARES 2X ASML?
The short term momentum for LEVERAGE SHARES 2X ASML (ASMG) is negative.
Can you provide the buy/sell signal for LEVERAGE SHARES 2X ASML?
The buy/sell signal for LEVERAGE SHARES 2X ASML (ASMG) is hold as the short term and long term trends are mixed.