ASML HOLDING - 1H - Technical analysis published on 10/17/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 669.6 EUR
My targets
629.5 EUR (-0.55%)
593.7 EUR (-6.21%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ASML HOLDING as long as the price remains well below 669.6 EUR. The sellers' bearish objective is set at 629.5 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 593.7 EUR. In case of crossing, the next objective would be the support located at 538.2 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ASML HOLDING rating is 633.0 EUR. The price registered a decrease of -0.14% on the session with the lowest point at 624.8 EUR and the highest point at 641.4 EUR. The deviation from the price is +1.31% for the low point and -1.31% for the high point.624.8
641.4
633.0
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this 1H chart of ASML HOLDING indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 390.2 | 538.2 | 629.5 | 633.0 | 677.9 | 709.1 | 733.1 |
| Change (%) | -38.36% | -14.98% | -0.55% | - | +7.09% | +12.02% | +15.81% |
| Change | -242.8 | -94.8 | -3.5 | - | +44.9 | +76.1 | +100.1 |
| Level | Intermediate | Major | Intermediate | - | Major | 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 | 594.2 | 611.8 | 622.9 | 640.5 | 651.6 | 669.2 | 680.3 |
| Camarilla | 626.0 | 628.6 | 631.3 | 633.9 | 636.5 | 639.2 | 641.8 |
| Woodie | 590.9 | 610.2 | 619.6 | 638.9 | 648.3 | 667.6 | 677.0 |
| Fibonacci | 611.8 | 622.8 | 629.6 | 640.5 | 651.5 | 658.3 | 669.2 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 706.4 | 719.8 | 745.3 | 758.7 | 784.2 | 797.6 | 823.1 |
| Camarilla | 760.0 | 763.6 | 767.1 | 770.7 | 774.3 | 777.8 | 781.4 |
| Woodie | 712.4 | 722.8 | 751.3 | 761.7 | 790.2 | 800.6 | 829.1 |
| Fibonacci | 719.8 | 734.7 | 743.9 | 758.7 | 773.6 | 782.8 | 797.6 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 518.6 | 593.7 | 669.6 | 744.7 | 820.6 | 895.7 | 971.6 |
| Camarilla | 704.1 | 717.9 | 731.8 | 745.6 | 759.4 | 773.3 | 787.1 |
| Woodie | 519.1 | 593.9 | 670.1 | 744.9 | 821.1 | 895.9 | 972.1 |
| Fibonacci | 593.7 | 651.4 | 687.0 | 744.7 | 802.4 | 838.0 | 895.7 |
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): | 22.00 | |
| MACD (12,26,9): | -33.9000 | |
| Directional Movement: | -16.3 | |
| AROON (14): | -71.4 | |
| DEMA (21): | 622.6 | |
| Parabolic SAR (0,02-0,02-0,2): | 698.1 | |
| Elder Ray (13): | -15.6 | |
| Super Trend (3,10): | 670.6 | |
| Zig ZAG (10): | 633.1 | |
| VORTEX (21): | 0.6000 | |
| Stochastique (14,3,5): | 13.30 | |
| TEMA (21): | 606.1 | |
| Williams %R (14): | -75.40 | |
| Chande Momentum Oscillator (20): | -5.4 | |
| Repulse (5,40,3): | -0.2000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.7000 | |
| Courbe Coppock: | 23.70 |
| MA7: | 718.2 | |
| MA20: | 735.0 | |
| MA50: | 757.1 | |
| MA100: | 834.1 | |
| MAexp7: | 634.6 | |
| MAexp20: | 666.6 | |
| MAexp50: | 709.2 | |
| MAexp100: | 728.2 | |
| Price / MA7: | -11.86% | |
| Price / MA20: | -13.88% | |
| Price / MA50: | -16.39% | |
| Price / MA100: | -24.11% | |
| Price / MAexp7: | -0.25% | |
| Price / MAexp20: | -5.04% | |
| Price / MAexp50: | -10.74% | |
| Price / MAexp100: | -13.07% |
Quotes :
-
15 min delayed data
-
Euronext Amsterdam
News
The latest news and videos published on ASML HOLDING at the time of the analysis were as follows:
- STATEMENT RELATING TO EARLY PUBLICATION OF OUR Q3 2024 RESULTS
- ASML reports €7.5 billion total net sales and €2.1 billion net income in Q3 2024
-
ASML Holding reports earnings October 16. #ASML #earningsreports #aichips
-
ASML regnskab og mulig rentefest i Europa
- ASML reports €6.2 billion total net sales and €1.6 billion net income in Q2 2024
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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