ASM INTERNATIONAL

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ASM
ISIN:	NL0000334118

ASM INTERNATIONAL - Daily - Technical analysis published on 02/01/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

28%

My opinion

Bullish above 491.60 EUR

My targets

560.52 EUR (+6.16%)

604.83 EUR (+14.55%)

My analysis

The bullish trend is currently very strong on ASM INTERNATIONAL. As long as the price remains above the support at 491.60 EUR, you could try to benefit from the boom. The first bullish objective is located at 560.52 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 604.83 EUR as an objective. Crossing it would then enable buyers to target 672.37 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The ASM INTERNATIONAL price is 528.00 EUR. The price registered an increase of +2.29% on the session and was traded between 520.60 EUR and 533.00 EUR over the period. The price is currently at +1.42% from its lowest and -0.94% from its highest.

520.60

533.00

528.00

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by ASM INTERNATIONAL:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a 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 ASM INTERNATIONAL chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being 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 shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:

White morning star

Type : Bullish

Timeframe : Daily

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	427.77	457.20	491.60	528.00	532.10
Change (%)	-18.98%	-13.41%	-6.89%	-	+0.78%
Change	-100.23	-70.80	-36.40	-	+4.10
Level	Major	Major	Minor	-	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	503.63	507.67	511.93	515.97	520.23	524.27	528.53
Camarilla	513.92	514.68	515.44	516.20	516.96	517.72	518.48
Woodie	503.75	507.73	512.05	516.03	520.35	524.33	528.65
Fibonacci	507.67	510.84	512.80	515.97	519.14	521.10	524.27

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	469.40	485.70	504.70	521.00	540.00	556.30	575.30
Camarilla	513.99	517.23	520.46	523.70	526.94	530.17	533.41
Woodie	470.75	486.38	506.05	521.68	541.35	556.98	576.65
Fibonacci	485.70	499.19	507.52	521.00	534.49	542.82	556.30

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	336.82	381.13	448.67	492.98	560.52	604.83	672.37
Camarilla	485.44	495.69	505.95	516.20	526.45	536.71	546.96
Woodie	348.43	386.94	460.28	498.79	572.13	610.64	683.98
Fibonacci	381.13	423.86	450.26	492.98	535.71	562.11	604.83

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	70.90
MACD (12,26,9):	18.0700
Directional Movement:	21.00
AROON (14):	42.85
DEMA (21):	519.47
Parabolic SAR (0,02-0,02-0,2):	488.80
Elder Ray (13):	18.99
Super Trend (3,10):	485.73
Zig ZAG (10):	526.50
VORTEX (21):	1.1900
Stochastique (14,3,5):	82.68
TEMA (21):	529.24
Williams %R (14):	-11.00
Chande Momentum Oscillator (20):	72.65
Repulse (5,40,3):	2.0100
ROCnROLL:	1
TRIX (15,9):	0.4200
Courbe Coppock:	32.33

MA7:	523.96
MA20:	486.47
MA50:	473.47
MA100:	437.09
MAexp7:	518.73
MAexp20:	497.92
MAexp50:	473.87
MAexp100:	450.59
Price / MA7:	+0.77%
Price / MA20:	+8.54%
Price / MA50:	+11.52%
Price / MA100:	+20.80%
Price / MAexp7:	+1.79%
Price / MAexp20:	+6.04%
Price / MAexp50:	+11.42%
Price / MAexp100:	+17.18%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

Don't forget to follow the news on ASM INTERNATIONAL. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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