ASML HOLDING - Daily - Technical analysis published on 09/16/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 749.5 EUR
My targets
677.6 EUR (-7.48%)
616.0 EUR (-15.89%)
My analysis
ASML HOLDING is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 749.5 EUR. The next support located at 677.6 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 616.0 EUR. Below this support, sellers could then target 538.2 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.4
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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 rating is 732.4 EUR. The price is lower by -0.22% since the last closing and was between 731.3 EUR and 737.2 EUR. This implies that the price is at +0.15% from its lowest and at -0.65% from its highest.731.3
737.2
732.4
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this ASML HOLDING chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 538.2 | 616.0 | 677.6 | 732.4 | 749.5 | 809.9 | 945.3 |
| Change (%) | -26.52% | -15.89% | -7.48% | - | +2.33% | +10.58% | +29.07% |
| Change | -194.2 | -116.4 | -54.8 | - | +17.1 | +77.5 | +212.9 |
| Level | Major | Intermediate | Major | - | Major | Major | 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 | 712.7 | 717.5 | 725.8 | 730.6 | 738.9 | 743.7 | 752.0 |
| Camarilla | 730.4 | 731.6 | 732.8 | 734.0 | 735.2 | 736.4 | 737.6 |
| Woodie | 714.4 | 718.4 | 727.5 | 731.5 | 740.6 | 744.6 | 753.7 |
| Fibonacci | 717.5 | 722.5 | 725.6 | 730.6 | 735.6 | 738.7 | 743.7 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 623.2 | 645.9 | 690.0 | 712.7 | 756.8 | 779.5 | 823.6 |
| Camarilla | 715.6 | 721.8 | 727.9 | 734.0 | 740.1 | 746.3 | 752.4 |
| Woodie | 633.8 | 651.3 | 700.6 | 718.1 | 767.4 | 784.9 | 834.2 |
| Fibonacci | 645.9 | 671.5 | 687.2 | 712.7 | 738.3 | 754.0 | 779.5 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 479.8 | 568.4 | 690.2 | 778.8 | 900.6 | 989.2 | 1,111.0 |
| Camarilla | 754.1 | 773.4 | 792.7 | 812.0 | 831.3 | 850.6 | 869.9 |
| Woodie | 496.4 | 576.7 | 706.8 | 787.1 | 917.2 | 997.5 | 1,127.6 |
| Fibonacci | 568.4 | 648.8 | 698.4 | 778.8 | 859.2 | 908.8 | 989.2 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 42.40 | |
| MACD (12,26,9): | -31.3000 | |
| Directional Movement: | -10.9 | |
| AROON (14): | -50.0 | |
| DEMA (21): | 711.9 | |
| Parabolic SAR (0,02-0,02-0,2): | 762.2 | |
| Elder Ray (13): | -2.2 | |
| Super Trend (3,10): | 762.5 | |
| Zig ZAG (10): | 734.3 | |
| VORTEX (21): | 0.8000 | |
| Stochastique (14,3,5): | 39.70 | |
| TEMA (21): | 704.1 | |
| Williams %R (14): | -57.90 | |
| Chande Momentum Oscillator (20): | -88.7 | |
| Repulse (5,40,3): | -0.2000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.5000 | |
| Courbe Coppock: | 25.20 |
| MA7: | 702.5 | |
| MA20: | 766.5 | |
| MA50: | 815.0 | |
| MA100: | 862.2 | |
| MAexp7: | 722.8 | |
| MAexp20: | 752.8 | |
| MAexp50: | 802.1 | |
| MAexp100: | 826.9 | |
| Price / MA7: | +4.26% | |
| Price / MA20: | -4.45% | |
| Price / MA50: | -10.13% | |
| Price / MA100: | -15.05% | |
| Price / MAexp7: | +1.33% | |
| Price / MAexp20: | -2.71% | |
| Price / MAexp50: | -8.69% | |
| Price / MAexp100: | -11.43% |
Quotes :
-
15 min delayed data
-
Euronext Amsterdam
News
The latest news and videos published on ASML HOLDING at the time of the analysis were as follows:
- ASML reports €6.2 billion total net sales and €1.6 billion net income in Q2 2024
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of ASML Holding N.V. - ASML
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of ASML Holding N.V. - ASML
- ASML discloses 2024 AGM results
- ASML reports transactions under its current share buyback program
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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