ASM INTERNATIONAL - Daily - Technical analysis published on 04/17/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 549.1 EUR
My targets
599.6 EUR (+0.68%)
633.4 EUR (+6.34%)
My analysis
The bullish trend is currently very strong on ASM INTERNATIONAL. As long as the price remains above the support at 549.1 EUR, you could try to benefit from the boom. The first bullish objective is located at 599.6 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 633.4 EUR as an objective. Crossing it would then enable buyers to target 660.7 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.8
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 595.6 EUR. On the day, this instrument lost -0.87% with the lowest point at 571.0 EUR and the highest point at 597.4 EUR. The deviation from the price is +4.31% for the low point and -0.30% for the high point.571.0
597.4
595.6
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of ASM INTERNATIONAL in Daily shows a strongly overall 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 market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 427.8 | 457.3 | 549.1 | 595.6 | 600.2 |
| Change (%) | -28.17% | -23.22% | -7.81% | - | +0.77% |
| Change | -167.8 | -138.3 | -46.5 | - | +4.6 |
| Level | Major | Minor | Major | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 565.3 | 573.7 | 587.3 | 595.7 | 609.3 | 617.7 | 631.3 |
| Camarilla | 594.8 | 596.8 | 598.8 | 600.8 | 602.8 | 604.8 | 606.9 |
| Woodie | 567.8 | 575.0 | 589.8 | 597.0 | 611.8 | 619.0 | 633.8 |
| Fibonacci | 573.7 | 582.1 | 587.3 | 595.7 | 604.1 | 609.3 | 617.7 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 526.1 | 547.5 | 566.1 | 587.5 | 606.1 | 627.5 | 646.1 |
| Camarilla | 573.6 | 577.3 | 580.9 | 584.6 | 588.3 | 591.9 | 595.6 |
| Woodie | 524.6 | 546.8 | 564.6 | 586.8 | 604.6 | 626.8 | 644.6 |
| Fibonacci | 547.5 | 562.8 | 572.3 | 587.5 | 602.8 | 612.3 | 627.5 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 477.4 | 511.2 | 538.5 | 572.3 | 599.6 | 633.4 | 660.7 |
| Camarilla | 549.1 | 554.7 | 560.3 | 565.9 | 571.5 | 577.1 | 582.7 |
| Woodie | 474.3 | 509.6 | 535.4 | 570.7 | 596.5 | 631.8 | 657.6 |
| Fibonacci | 511.2 | 534.5 | 548.9 | 572.3 | 595.6 | 610.0 | 633.4 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 60.30 | |
| MACD (12,26,9): | 8.8000 | |
| Directional Movement: | 9.1 | |
| AROON (14): | 42.8 | |
| DEMA (21): | 591.8 | |
| Parabolic SAR (0,02-0,02-0,2): | 611.0 | |
| Elder Ray (13): | -1.0 | |
| Super Trend (3,10): | 541.0 | |
| Zig ZAG (10): | 595.0 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 76.30 | |
| TEMA (21): | 592.5 | |
| Williams %R (14): | -33.50 | |
| Chande Momentum Oscillator (20): | 29.1 | |
| Repulse (5,40,3): | 7.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 6.80 |
| MA7: | 589.4 | |
| MA20: | 578.1 | |
| MA50: | 569.7 | |
| MA100: | 522.9 | |
| MAexp7: | 591.2 | |
| MAexp20: | 580.8 | |
| MAexp50: | 561.7 | |
| MAexp100: | 528.4 | |
| Price / MA7: | +1.05% | |
| Price / MA20: | +3.03% | |
| Price / MA50: | +4.55% | |
| Price / MA100: | +13.90% | |
| Price / MAexp7: | +0.74% | |
| Price / MAexp20: | +2.55% | |
| Price / MAexp50: | +6.04% | |
| Price / MAexp100: | +12.72% |
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 International N.V. publishes Annual Report 2023
- ASM nominates Martin van den Brink to Supervisory Board
- ASM reports fourth quarter 2023
- Benjamin Loh to retire, Hichem M’Saad to succeed him as new CEO
- ASM nominates Tania Micki to Supervisory Board
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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