ASML Holding N.V. Forecast and Stock Analysis
Technical ASML stock analysis for February 21, 2019.
ASML Holding N.V. fell by -0.72% in the last day from $183.85 to $182.53 The price has fallen in 6 of the last 10 days and is down by -2.32% for this period. Volume has increased in the last day by 109 057 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 705 799 shares bought and sold for approximately $128.83 million.
Close price at the end of the last trading day (Thursday, 21st Feb 2019) of the ASML stock was $182.53. This is 0.72% less than the trading day before Wednesday, 20th Feb 2019.
During day the stock fluctuated 1.19% from a day low at $181.14 to a day high of $183.29.
30 day high of the ASML stock price was $187.05 and low was $157.97.
90 day high was $187.05 and low was $144.50.
52 week high for the ASML Holding N.V. - $221.66 and low - $144.50.
ASML Holding N.V. lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 12.12% during the next 3 months and, with 90% probability hold a price between $178.35 and $220.62 at the end of this period.
There are mixed signals in the stock today. A sales signal was issued from a pivot top point on Friday February 15, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. ASML Holding N.V. holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $183.23. On a fall, the stock will find some support from the long-term average at approximately $170.66. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal.
* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Relative Strength Index (RSI)
RSI14 is 62 and the stock is currently not being overbought or oversold
Support & Resistance
ASML Holding N.V. finds support from accumulated volume at $177.66.
This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $2.15 (1.19%) between high and low. For the last week, the stock has had a daily average volatility of 1.22%.
Our recommended stoploss: $176.16 (-3.49%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 3 days ago.)
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Evaluation: Buy Candidate
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.