ASML Is Crushing the Nasdaq: 143% Gains, a Perfect Score, and More Upside Ahead?

by SIACharts.com

ASML Holding N.V. ADR (NYSE: ASML) has achieved a perfect SIA SMAX Score of 10 out of 10. The stock is currently ranked 22nd out of 105 securities in the Favoured Green Zone of the SIA Nasdaq 100 Index Report. Although ASML has fallen 16 positions over the past week, it remains two spots higher over the past quarter.

ASML’s most recent Point and Figure signal is a Low Pole Warning, which may indicate improving near-term demand following a period of weakness. Near-term support is located at the 3-box reversal level of $1710.23, followed by secondary support at $1549.01. Resistance appears near the previous high and the psychologically significant whole-number level at $2003.80.

The stock belongs to the Electronics and Semiconductors sector, which is positioned in the Favoured Green Zone of the SIA Sector Report and ranks seventh out of 31 sectors.

ASML has gained 3.38% over the past month, 22.61% over the past quarter, and 142.79% over the past year. By comparison, the NASDAQ Composite Index has returned 3.02%, 0.76%, and 21.54%, respectively. These results show that ASML has outperformed its benchmark across all three measured periods.

ASML Holding N.V. is a Netherlands-based holding company operating through subsidiaries across Europe, North America, and Asia. The company develops, produces, markets, sells, upgrades, and services advanced semiconductor equipment systems, including lithography, metrology, and inspection systems.

 

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