ASE TECHNOLOGY HOLDING -ADR (ASX) Technical Analysis
NYSE:ASX • US00215W1009
Current stock price
24.84 USD
+0.33 (+1.35%)
At close:
25.0981 USD
+0.26 (+1.04%)
After Hours:
ASX Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to ASX. Both in the recent history as in the last year, ASX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, ASX did better than 96% of all other stocks. We also observe that the gains produced by ASX over the past year are nicely spread over this period.
- ASX is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 81% of 115 stocks in the same industry.
- ASX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ASX has a been trading in the 20.61 - 25.33 range, which is quite wide. It is currently trading near the high of this range.
- ASX has an average volume of 7979280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ASX Weekly and Daily overview Charts
ASX Setup Rating and Analysis
Although ASX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ASX Support and Resistance Analysis
19.98
25.36
3 important support areas can be observed.
- A support zone ranging from 22.19 to 22.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 20.99 to 21.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.18 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.85 to 25.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
ASX Technical Indicator Signal Analysis
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 ASX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASX is up. |
| ChartMill Relative Strength | 96.68 | POSITIVE | ASX has a high relative strength, it outperformed 96.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.33 | NEUTRAL | The RSI value for ASX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests ASX has a positive trend. |
| Stochastics (14,3) | 93.61 | OVERBOUGHT | The high Stochastics value suggests ASX may be overbought. |
| Average True Range in percent/ATR (20) | 3.7 | MEDIUM VOLATILITY | The ATR as a percentage value for ASX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.02 | NEGATIVE | The low ADX value for ASX suggests a weak or negative trend. |
ASX Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
ASX Technicals: Chart, Performance Metrics, Trend & Indicators
24.84
+0.33 (+1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.35%
1 Week11.49%
2 Weeks15.91%
1 Month18.34%
3 Month40.82%
6 Month124.19%
12 Month199.28%
2 Year147.41%
3 Year262.1%
5 Year198.92%
10 Year384.21%
15 Year321.02%
Volatility
ATR(14)0.96
ATR(20)%3.7%
ATR Inc-22.6%
Range Today0.52
ADR(20)0.72
ADR(20)%2.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.68
3 months CRS96.44
6 months CRS98.67
Mansfield6.76
10 Day High25.33
10 Day Low20.61
20 Day High25.33
20 Day Low20.61
52 Week High25.33
52 Week Low7.86
CS1 End22.21
CR1 Start24.85
Volume & EV
DER(3)0.07%
DER(5)1.36%
Volume5.62M
Volume Incr-12.96%
Vol(5)5.89M
Vol(50)7.98M
ASE TECHNOLOGY HOLDING -ADR / ASX TA FAQ
What is the technical rating for ASX stock?
ChartMill assigns a technical rating of 10 / 10 to ASX.
What is the current trend direction of ASE TECHNOLOGY HOLDING -ADR (ASX) stock?
The current trend direction for ASE TECHNOLOGY HOLDING -ADR (ASX) is Bullish.
What is the RSI signal for ASE TECHNOLOGY HOLDING -ADR (ASX) stock?
ASE TECHNOLOGY HOLDING -ADR (ASX) has an RSI value of 67.3326. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ASE TECHNOLOGY HOLDING -ADR?
The MACD indicator for ASE TECHNOLOGY HOLDING -ADR (ASX) has a value of 0.33504, indicating a bearish trend.
What is the short term momentum for ASE TECHNOLOGY HOLDING -ADR (ASX) stock?
The short term momentum for ASE TECHNOLOGY HOLDING -ADR (ASX) is positive.