Technical Analysis:
Based on recent price action, ASML shows a mixed technical picture. The stock closed at $756.33 on Friday with a trading volume of 1.93M shares . The stock is currently trading above its 20-day moving average of $725.77, suggesting short-term bullish momentum.
News Sentiment Analysis:
- Positive: Goldman Sachs maintains a Buy rating with a price target of €1,010.00, while the general analyst consensus suggests a Strong Buy rating
- Neutral: ASML's Dutch government export disclosure practices raise some transparency concerns regarding China sales
- Positive: The company's fundamentals remain strong with an 88% rating based on P/B Growth Investor model
Price Prediction for Next Week (Jan 22-26, 2025):
Based on technical indicators and Fibonacci levels:
- Support levels: $711.90, $693.37
- Resistance levels: $771.88, $790.41
- RSI at 60.24 indicates moderate momentum without being overbought
Target Price Scenarios:
- Bullish case (60% probability): $790-800 range if market sentiment remains positive and semiconductor demand stays strong
- Neutral case (30% probability): $740-760 range if market consolidates
- Bearish case (10% probability): $710-720 range if broader market weakness persists
Trading Recommendation:
BUY with entry point at current levels ($756-758) with following strategy:
- Entry: Current market price
- Initial stop loss: $711.90 (First Fibonacci support)
- First target: $771.88 (First Fibonacci resistance)
- Second target: $790.41 (Second Fibonacci resistance)
The recommendation is based on:
- Strong analyst consensus
- Technical support from moving averages
- Positive fundamental outlook with high P/B Growth rating
- RSI indicating room for upward movement without being overbought
Technical Analysis:
Based on recent price action, ASML shows a mixed technical picture. The stock closed at $756.33 on Friday with a trading volume of 1.93M shares . The stock is currently trading above its 20-day moving average of $725.77, suggesting short-term bullish momentum.
News Sentiment Analysis:
- Positive: Goldman Sachs maintains a Buy rating with a price target of €1,010.00, while the general analyst consensus suggests a Strong Buy rating
- Neutral: ASML's Dutch government export disclosure practices raise some transparency concerns regarding China sales
- Positive: The company's fundamentals remain strong with an 88% rating based on P/B Growth Investor model
Price Prediction for Next Week (Jan 22-26, 2025):
Based on technical indicators and Fibonacci levels:
- Support levels: $711.90, $693.37
- Resistance levels: $771.88, $790.41
- RSI at 60.24 indicates moderate momentum without being overbought
Target Price Scenarios:
- Bullish case (60% probability): $790-800 range if market sentiment remains positive and semiconductor demand stays strong
- Neutral case (30% probability): $740-760 range if market consolidates
- Bearish case (10% probability): $710-720 range if broader market weakness persists
Trading Recommendation:
BUY with entry point at current levels ($756-758) with following strategy:
- Entry: Current market price
- Initial stop loss: $711.90 (First Fibonacci support)
- First target: $771.88 (First Fibonacci resistance)
- Second target: $790.41 (Second Fibonacci resistance)
The recommendation is based on:
- Strong analyst consensus
- Technical support from moving averages
- Positive fundamental outlook with high P/B Growth rating
- RSI indicating room for upward movement without being overbought