ASE TECHNOLOGY HOLDING -ADR (ASX) Stock Technical Analysis
NYSE:ASX - New York Stock Exchange, Inc. - US00215W1009 - ADR - Currency: USD
Overall ASX gets a technical rating of 4 out of 10. In the last year, ASX was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
ASX has an average volume of 10889700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, ASX outperforms 58% of them, which is more or less in line with the market.
ASX is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, ASX did better than 53% of them.
ASX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ASX is lagging the market.
In the last month ASX has a been trading in the 9.29 - 10.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ASX 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
7.41
11.06
When analyzing the support we can see 2 important areas.
- Support @9.49 from a horizontal line in the daily time frame.
- Support @7.48 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.97 to 10.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.65 from a horizontal line in the daily time frame.
- Resistance @10.95 from a horizontal 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 ASX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASX is down. |
| ChartMill Relative Strength | 58.36 | NEUTRAL | ASX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ASX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.24 | NEUTRAL | The RSI value for ASX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests ASX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.05 | NEUTRAL | The Stochastics value for ASX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for ASX suggests some volalility. |
| Average Directional Index/ADX (14) | 15.66 | NEGATIVE | The low ADX value for ASX suggests a weak or negative trend. |
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)
NYSE:ASX (8/5/2025, 2:54:08 PM)
9.725
-0.26 (-2.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.56%
1 Week-5.58%
2 Weeks-4.77%
1 Month-1.48%
3 Month7.78%
6 Month-1.38%
12 Month7.2%
2 Year21.41%
3 Year73.26%
5 Year142.82%
10 Year102.85%
15 Year194.4%
Volatility
ATR(14)0.28
ATR(20)%2.62%
ATR Inc30.9%
Range Today0.28
ADR(20)0.19
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.36
Mansfield-0.63
10 Day High10.67
10 Day Low9.3
20 Day High10.67
20 Day Low9.3
52 Week High11.37
52 Week Low6.94
CS1 End9.97
CR1 Start10.05
Volume & EV
DER(3)2.76%
DER(5)4.06%
Volume6.01M
Volume Incr19.54%
Vol(5)9.83M
Vol(50)10.89M