ASML HOLDING NV-NY REG SHS (ASML) Stock Technical Analysis
NASDAQ:ASML • USN070592100
We assign a technical rating of 10 out of 10 to ASML. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ASML is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ASML is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by ASML over the past year are nicely spread over this period.
- ASML is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 76% of 114 stocks in the same industry.
- ASML is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ASML has a been trading in the 1316.06 - 1493.48 range, which is quite wide. It is currently trading near the high of this range.
- ASML has an average volume of 1712100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ASML has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1450.40, a Stop Loss order could be placed below this zone.
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725.17
When analyzing the support we can see 5 important areas.
- A support zone ranging from 1406.60 to 1450.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1339.12 from a horizontal line in the daily time frame.
- A support zone ranging from 1181.46 to 1191.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @833.58 from a trend line in the weekly time frame.
- Support @732.49 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1469.60 to 1469.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ASML is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASML is up. |
| ChartMill Relative Strength | 94.97 | POSITIVE | ASML has a high relative strength, it outperformed 94.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASML is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASML is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASML is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64 | NEUTRAL | The RSI value for ASML is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.86 | NEGATIVE | The MACD value suggests ASML has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 91.34 | OVERBOUGHT | The high Stochastics value suggests ASML may be overbought. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for ASML suggests some volalility. |
| Average Directional Index/ADX (14) | 32.57 | POSITIVE | The high ADX value value for ASML suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1,469.61 | 1,406.59 | 63.02 (4.29%) | 23.32% |
| An entry @1469.61. This is a Buy Stop order right above the resistance zone. | An exit @1406.59. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 63.02 points, which is 4.29%. | When investing 23.32% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ASML. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1469.59
+10.66 (+0.73%)
ASML HOLDING NV-NY REG SHS / ASML FAQ
Can you provide the ChartMill technical rating for ASML HOLDING NV-NY REG SHS?
ChartMill assigns a technical rating of 10 / 10 to ASML.
Can you provide the trend direction for ASML HOLDING NV-NY REG SHS?
The current trend direction for ASML HOLDING NV-NY REG SHS (ASML) is Bullish.
What is the RSI signal for ASML HOLDING NV-NY REG SHS (ASML) stock?
ASML HOLDING NV-NY REG SHS (ASML) has an RSI value of 63.9954. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ASML HOLDING NV-NY REG SHS?
The MACD indicator for ASML HOLDING NV-NY REG SHS (ASML) has a value of -3.86345, indicating a bearish trend.
Can you provide the support and resistance levels for ASML HOLDING NV-NY REG SHS?
ASML HOLDING NV-NY REG SHS (ASML) has a support level at 1450.4 and a resistance level at 1469.6. Check the full technical report for our detailed analysis of ASML support and resistance levels.