ASML HOLDING N.V. NEW YORK REGISTRY SHA - Daily - Technical analysis published on 10/16/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 249.52 USD
My targets
260.72 USD (+0.99%)
273.02 USD (+5.76%)
My analysis
ASML HOLDING N.V. ADS is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 249.52 USD. The next resistance located at 260.72 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 273.02 USD. After this resistance, buyers could then target 293.94 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ASML HOLDING N.V. ADS price is 258.16 USD. On the day, this instrument lost -3.51% and was traded between 256.83 USD and 260.60 USD over the period. The price is currently at +0.52% from its lowest and -0.94% from its highest.256.83
260.60
258.16
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ASML HOLDING N.V. ADS:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this ASML HOLDING N.V. ADS chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Upside gap
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 220.78 | 234.06 | 249.52 | 258.16 |
| Change (%) | -14.48% | -9.34% | -3.35% | - |
| Change | -37.38 | -24.10 | -8.64 | - |
| Level | Major | Minor | 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 | 257.52 | 260.27 | 263.90 | 266.65 | 270.28 | 273.03 | 276.66 |
| Camarilla | 265.79 | 266.37 | 266.96 | 267.54 | 268.13 | 268.71 | 269.30 |
| Woodie | 257.97 | 260.49 | 264.35 | 266.87 | 270.73 | 273.25 | 277.11 |
| Fibonacci | 260.27 | 262.70 | 264.21 | 266.65 | 269.08 | 270.59 | 273.03 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 225.90 | 233.71 | 246.85 | 254.66 | 267.80 | 275.61 | 288.75 |
| Camarilla | 254.24 | 256.16 | 258.08 | 260.00 | 261.92 | 263.84 | 265.76 |
| Woodie | 228.58 | 235.04 | 249.53 | 255.99 | 270.48 | 276.94 | 291.43 |
| Fibonacci | 233.71 | 241.71 | 246.65 | 254.66 | 262.66 | 267.60 | 275.61 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 194.30 | 206.60 | 227.51 | 239.81 | 260.72 | 273.02 | 293.94 |
| Camarilla | 239.29 | 242.33 | 245.38 | 248.42 | 251.47 | 254.51 | 257.55 |
| Woodie | 198.60 | 208.75 | 231.81 | 241.96 | 265.03 | 275.18 | 298.24 |
| Fibonacci | 206.60 | 219.29 | 227.12 | 239.81 | 252.50 | 260.34 | 273.02 |
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): | 59.31 | |
| MACD (12,26,9): | 6.2400 | |
| Directional Movement: | 14.37 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 258.07 | |
| Parabolic SAR (0,02-0,02-0,2): | 242.22 | |
| Elder Ray (13): | 5.51 | |
| Super Trend (3,10): | 248.89 | |
| Zig ZAG (10): | 258.29 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 85.34 | |
| TEMA (21): | 259.18 | |
| Williams %R (14): | -35.21 | |
| Chande Momentum Oscillator (20): | 9.88 | |
| Repulse (5,40,3): | 0.9300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3200 | |
| Courbe Coppock: | 7.20 |
| MA7: | 255.25 | |
| MA20: | 249.43 | |
| MA50: | 235.12 | |
| MA100: | 221.34 | |
| MAexp7: | 256.90 | |
| MAexp20: | 249.82 | |
| MAexp50: | 238.71 | |
| MAexp100: | 225.93 | |
| Price / MA7: | +1.14% | |
| Price / MA20: | +3.50% | |
| Price / MA50: | +9.80% | |
| Price / MA100: | +16.64% | |
| Price / MAexp7: | +0.49% | |
| Price / MAexp20: | +3.34% | |
| Price / MAexp50: | +8.15% | |
| Price / MAexp100: | +14.27% |
This member declared not having a position on this financial instrument or a related financial instrument.
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