ASM INTERNATIONAL - 1H - Technical analysis published on 07/21/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 391.80 EUR
My targets
385.69 EUR (-0.54%)
376.83 EUR (-2.83%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ASM INTERNATIONAL as long as the price remains well below 391.80 EUR. The sellers' bearish objective is set at 385.69 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 376.83 EUR. In case of crossing, the next objective would be the support located at 369.68 EUR.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5
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 387.80 EUR. The price is lower by -0.19% since the last closing with the lowest point at 376.50 EUR and the highest point at 388.70 EUR. The deviation from the price is +3.00% for the low point and -0.23% for the high point.376.50
388.70
387.80
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ASM INTERNATIONAL chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 4 are neutral and 10 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 369.68 | 376.83 | 385.69 | 387.80 | 391.80 | 407.02 | 414.25 |
| Change (%) | -4.67% | -2.83% | -0.54% | - | +1.03% | +4.96% | +6.82% |
| Change | -18.12 | -10.97 | -2.11 | - | +4.00 | +19.22 | +26.45 |
| Level | Major | Minor | Minor | - | Intermediate | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 371.03 | 378.02 | 383.28 | 390.27 | 395.53 | 402.52 | 407.78 |
| Camarilla | 385.18 | 386.30 | 387.43 | 388.55 | 389.67 | 390.80 | 391.92 |
| Woodie | 370.18 | 377.59 | 382.43 | 389.84 | 394.68 | 402.09 | 406.93 |
| Fibonacci | 378.02 | 382.70 | 385.59 | 390.27 | 394.95 | 397.84 | 402.52 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 335.48 | 352.47 | 384.13 | 401.12 | 432.78 | 449.77 | 481.43 |
| Camarilla | 402.42 | 406.88 | 411.34 | 415.80 | 420.26 | 424.72 | 429.18 |
| Woodie | 342.83 | 356.14 | 391.48 | 404.79 | 440.13 | 453.44 | 488.78 |
| Fibonacci | 352.47 | 371.05 | 382.53 | 401.12 | 419.70 | 431.18 | 449.77 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 319.32 | 344.48 | 366.42 | 391.58 | 413.52 | 438.68 | 460.62 |
| Camarilla | 375.40 | 379.72 | 384.03 | 388.35 | 392.67 | 396.99 | 401.30 |
| Woodie | 317.70 | 343.68 | 364.80 | 390.78 | 411.90 | 437.88 | 459.00 |
| Fibonacci | 344.48 | 362.48 | 373.59 | 391.58 | 409.58 | 420.69 | 438.68 |
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): | 34.81 | |
| MACD (12,26,9): | -5.6100 | |
| Directional Movement: | -32.68 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 387.65 | |
| Parabolic SAR (0,02-0,02-0,2): | 395.26 | |
| Elder Ray (13): | -3.62 | |
| Super Trend (3,10): | 399.30 | |
| Zig ZAG (10): | 387.60 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 29.85 | |
| TEMA (21): | 383.50 | |
| Williams %R (14): | -70.73 | |
| Chande Momentum Oscillator (20): | -0.35 | |
| Repulse (5,40,3): | 1.0500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1900 | |
| Courbe Coppock: | 9.25 |
| MA7: | 404.49 | |
| MA20: | 389.11 | |
| MA50: | 386.03 | |
| MA100: | 360.28 | |
| MAexp7: | 388.68 | |
| MAexp20: | 394.64 | |
| MAexp50: | 399.12 | |
| MAexp100: | 396.97 | |
| Price / MA7: | -4.13% | |
| Price / MA20: | -0.34% | |
| Price / MA50: | +0.46% | |
| Price / MA100: | +7.64% | |
| Price / MAexp7: | -0.23% | |
| Price / MAexp20: | -1.73% | |
| Price / MAexp50: | -2.84% | |
| Price / MAexp100: | -2.31% |
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:
- ASM share buyback update July 10 – 14, 2023
- ASM share buyback update July 3 – 7, 2023
- ASM share buyback update June 26 – 30, 2023
- ASM share buyback update June 19 – 23, 2023
- ContraFect Data Presentations at ASM Microbe 2023 Demonstrate the Power of the Company’s Proprietary Platform to Discover New Agents Targeting Antibiotic-Resistant Gram-negative Pathogens
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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