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 05/16/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

67%

28%

My opinion

Bullish above 315.45 EUR

My targets

355.95 EUR (+3.14%)

371.87 EUR (+7.76%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ASM INTERNATIONAL as long as the price remains well above 315.45 EUR. The buyers' bullish objective is set at 355.95 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 371.87 EUR. If there is any crossing, the next objective would be the resistance located at 430.90 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

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

7.3

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ASM INTERNATIONAL rating is 345.10 EUR. On the day, this instrument gained +2.06% and was traded between 340.70 EUR and 349.60 EUR over the period. The price is currently at +1.29% from its lowest and -1.29% from its highest.

340.70

349.60

345.10

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of ASM INTERNATIONAL indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, 12 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of triangle is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	278.15	315.45	343.45	345.10	355.95	371.87	430.90
Change (%)	-19.40%	-8.59%	-0.48%	-	+3.14%	+7.76%	+24.86%
Change	-66.95	-29.65	-1.65	-	+10.85	+26.77	+85.80
Level	Minor	Major	Intermediate	-	Intermediate	Intermediate	Major

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	328.92	332.68	335.42	339.18	341.92	345.68	348.42
Camarilla	336.36	336.96	337.55	338.15	338.75	339.34	339.94
Woodie	328.40	332.43	334.90	338.93	341.40	345.43	347.90
Fibonacci	332.68	335.17	336.70	339.18	341.67	343.20	345.68

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	323.78	328.67	334.83	339.72	345.88	350.77	356.93
Camarilla	337.96	338.97	339.99	341.00	342.01	343.03	344.04
Woodie	324.43	328.99	335.48	340.04	346.53	351.09	357.58
Fibonacci	328.67	332.89	335.50	339.72	343.94	346.55	350.77

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	224.88	263.22	295.63	333.97	366.38	404.72	437.13
Camarilla	308.59	315.08	321.57	328.05	334.54	341.02	347.51
Woodie	221.93	261.74	292.68	332.49	363.43	403.24	434.18
Fibonacci	263.22	290.24	306.94	333.97	360.99	377.69	404.72

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):	53.12
MACD (12,26,9):	-0.3100
Directional Movement:	-1.66
AROON (14):	92.86
DEMA (21):	340.59
Parabolic SAR (0,02-0,02-0,2):	317.29
Elder Ray (13):	4.78
Super Trend (3,10):	349.74
Zig ZAG (10):	345.05
VORTEX (21):	0.9600
Stochastique (14,3,5):	80.40
TEMA (21):	337.61
Williams %R (14):	-9.37
Chande Momentum Oscillator (20):	19.30
Repulse (5,40,3):	0.2200
ROCnROLL:	1
TRIX (15,9):	-0.0400
Courbe Coppock:	0.54

MA7:	340.85
MA20:	339.38
MA50:	338.49
MA100:	317.27
MAexp7:	340.67
MAexp20:	340.76
MAexp50:	335.75
MAexp100:	320.46
Price / MA7:	+1.25%
Price / MA20:	+1.69%
Price / MA50:	+1.95%
Price / MA100:	+8.77%
Price / MAexp7:	+1.30%
Price / MAexp20:	+1.27%
Price / MAexp50:	+2.78%
Price / MAexp100:	+7.69%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

The latest news and videos published on ASM INTERNATIONAL at the time of the analysis were as follows:

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

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