ASML Holding Stock Forecast
ASML Holding stock price down 0.363% on Thursday
(Updated on Mar 28, 2024)
The ASML Holding stock price fell by -0.363% on the last day (Thursday, 28th Mar 2024) from $974.01 to $970.47. During the last trading day the stock fluctuated 1.06% from a day low at $961.65 to a day high of $971.87. The price has been going up and down for this period, and there has been a 1.11% gain for the last 2 weeks. Volume has increased on the last day by 128 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 685 thousand shares were bought and sold for approximately $665.06 million.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $964.94 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 37.96% during the next 3 months and, with a 90% probability hold a price between $1,331.25 and $1,549.87 at the end of this 3-month period.
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ASML Signals & Forecast
A sell signal was issued from a pivot top point on Thursday, March 07, 2024, and so far it has fallen -7.34%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Some positive signals were issued as well, and these may have some influence on the near short-term development. The ASML Holding stock holds a sell 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 giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $976.63. On a fall, the stock will find some support from the long-term average at approximately $957.72. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.
Support, Risk & Stop-loss for ASML Holding stock
On the downside, the stock finds support just below today's level from accumulated volume at $869.08 and $847.31. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, ASML Holding finds support just below today's level at $869.08. If this is broken, then the next support from accumulated volume will be at $847.31 and $744.53.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $10.22 (1.06%) between high and low. For the last week, the stock has had daily average volatility of 1.61%.
Our recommended stop-loss: $932.87 (-3.87%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 15 days ago.)
Trading Expectations (ASML) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect ASML Holding N.V. to open at $968.00, and during the day (based on 14 day Average True Range), to move between $945.74 and $995.20, which gives a possible trading interval of +/-$24.73 (+/-2.55%) up or down from last closing price. If ASML Holding N.V. takes out the full calculated possible swing range there will be an estimated 5.10% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $990.94 (2.11%) than the support at $869.08 (10.45%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is ASML Holding N.V. stock A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
Current score: 2.233 Buy Candidate Unchanged
Predicted Opening Price for ASML Holding N.V. of Monday, April 1, 2024
Fair opening price April 1, 2024 | Current price |
---|---|
$968.00 ( 0.255%) | $970.47 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ASML
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 978.22 | 0.798 % | |
R2 | 974.31 | 0.396 % | ||
R1 | 971.90 | 0.147 % | ||
Current price: | 970.47 | |||
Support | S1 | 964.09 | -0.657 % | |
S2 | 961.68 | -0.91 % | ||
S3 | 957.78 | -1.31 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 1,047.39 | 7.93 % | |
R2 | 994.33 | 2.46 % | ||
R1 | 990.94 | 2.11 % | ||
Current price | 970.47 | |||
Support | S1 | 869.08 | -10.45% | |
S2 | 847.31 | -12.69% | ||
S3 | 744.53 | -23.28% |
ASML Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jan 26, 2024 | Apr 26, 2024 | May 07, 2024 | $1.61 | 0.166% |
2 | Jan 24, 2024 | Feb 05, 2024 | Feb 14, 2024 | $1.34 | 0.145% |
3 | Nov 01, 2023 | Nov 01, 2023 | Nov 01, 2023 | $0 | 0% |
4 | Jul 19, 2023 | Aug 01, 2023 | Aug 10, 2023 | $1.63 | 0.240% |
5 | Jan 25, 2023 | May 01, 2023 | Aug 10, 2023 | $1.84 | 0.271% |
FAQ
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