Taking everything into account, ASML scores 10 out of 10 in our technical rating. 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.
Although ASML has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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725.17
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1070.64 to 1087.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @998.98 from a trend line in the daily time frame.
- Support @803.83 from a trend line in the weekly time frame.
- Support @732.49 from a horizontal line in the daily 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 ASML is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASML is up. |
| ChartMill Relative Strength | 93.08 | POSITIVE | ASML has a high relative strength, it outperformed 93.08% 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) | 71.67 | OVERBOUGHT | The high RSI value suggests ASML may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 18.02 | POSITIVE | The MACD value suggests ASML has a positive trend. |
| Stochastics (14,3) | 88.13 | OVERBOUGHT | The high Stochastics value suggests ASML may be overbought. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for ASML suggests some volalility. |
| Average Directional Index/ADX (14) | 26.24 | POSITIVE | The high ADX value value for ASML suggests a strong trend. |
1273.88
+79.56 (+6.66%)
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 71.6669. This indicates that the stock is currently overbought.
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 18.017, indicating a bullish 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 1087.65. Check the full technical report for our detailed analysis of ASML support and resistance levels.