ASML HOLDING - 1H - Technical analysis published on 06/27/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
50%
6%
44%
My opinion
Bearish under 652.4 EUR
My targets
636.2 EUR (-1.50%)
595.1 EUR (-7.87%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 652.4 EUR remains possible. It is advisable to trade ASML HOLDING with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 652.4 EUR. The next bearish objective for sellers is set at 636.2 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 595.1 EUR. In case of crossing, the next objective would be the support located at 555.3 EUR. PS: if there is a bullish break in the resistance located at 652.4 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
1.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ASML HOLDING price is 645.9 EUR. The price is lower by -0.22% since the last closing and was traded between 644.5 EUR and 649.7 EUR over the period. The price is currently at +0.22% from its lowest and -0.58% from its highest.644.5
649.7
645.9
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ASML HOLDING indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 499.2 | 555.3 | 636.2 | 645.9 | 652.4 | 669.8 | 682.2 |
| Change (%) | -22.71% | -14.03% | -1.50% | - | +1.01% | +3.70% | +5.62% |
| Change | -146.7 | -90.6 | -9.7 | - | +6.5 | +23.9 | +36.3 |
| Level | Minor | Intermediate | Major | - | Minor | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 618.8 | 627.3 | 637.3 | 645.8 | 655.8 | 664.3 | 674.3 |
| Camarilla | 642.2 | 643.9 | 645.6 | 647.3 | 649.0 | 650.7 | 652.4 |
| Woodie | 619.6 | 627.7 | 638.1 | 646.2 | 656.6 | 664.7 | 675.1 |
| Fibonacci | 627.3 | 634.4 | 638.7 | 645.8 | 652.9 | 657.2 | 664.3 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 595.1 | 614.5 | 627.7 | 647.1 | 660.3 | 679.7 | 692.9 |
| Camarilla | 631.8 | 634.8 | 637.8 | 640.8 | 643.8 | 646.8 | 649.8 |
| Woodie | 591.9 | 613.0 | 624.5 | 645.6 | 657.1 | 678.2 | 689.7 |
| Fibonacci | 614.5 | 627.0 | 634.7 | 647.1 | 659.6 | 667.3 | 679.7 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 464.4 | 516.4 | 594.0 | 646.0 | 723.6 | 775.6 | 853.2 |
| Camarilla | 635.9 | 647.7 | 659.6 | 671.5 | 683.4 | 695.3 | 707.1 |
| Woodie | 477.1 | 522.8 | 606.7 | 652.4 | 736.3 | 782.0 | 865.9 |
| Fibonacci | 516.4 | 565.9 | 596.5 | 646.0 | 695.5 | 726.1 | 775.6 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 52.20 | |
| MACD (12,26,9): | -0.4000 | |
| Directional Movement: | 1.7 | |
| AROON (14): | 42.8 | |
| DEMA (21): | 644.1 | |
| Parabolic SAR (0,02-0,02-0,2): | 637.5 | |
| Elder Ray (13): | 1.6 | |
| Super Trend (3,10): | 651.6 | |
| Zig ZAG (10): | 647.6 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 67.70 | |
| TEMA (21): | 646.7 | |
| Williams %R (14): | -37.80 | |
| Chande Momentum Oscillator (20): | 7.0 | |
| Repulse (5,40,3): | 0.2000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.50 |
| MA7: | 650.2 | |
| MA20: | 664.2 | |
| MA50: | 627.5 | |
| MA100: | 613.3 | |
| MAexp7: | 646.6 | |
| MAexp20: | 645.4 | |
| MAexp50: | 649.7 | |
| MAexp100: | 655.5 | |
| Price / MA7: | -0.66% | |
| Price / MA20: | -2.76% | |
| Price / MA50: | +2.93% | |
| Price / MA100: | +5.32% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | -0.58% | |
| Price / MAexp100: | -1.46% |
Quotes :
-
15 min delayed data
-
Euronext Amsterdam
News
The last news published on ASML HOLDING at the time of the generation of this analysis was as follows:
- ASML reports transactions under its current share buyback program
- ASML reports transactions under its current share buyback program
- ASML reports transactions under its current share buyback program
- ASML reports transactions under its current share buyback program
- ASML successfully places bond offering for €1 billion
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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