Stock Price & Analysis

Based on the provided data and current market conditions, here's a comprehensive analysis of ASX stock:

Technical Analysis

The stock is currently trading at $10.67 during regular market hours, showing weakness with:

• Down 2.45% in regular market trading
• Trading volume of 2.45M shares
• Current price below both the opening price ($10.83) and day's high ($10.90)

Key Technical Levels

• Fibonacci Support Levels: S1: $10.23, S2: $9.93, S3: $9.44
• Fibonacci Resistance Levels: R1: $11.21, R2: $11.51, R3: $12.01
• Fibonacci Pivot: $10.72

Fundamental Metrics

Key valuation metrics for ASX:

• P/E Ratio: 6.69x
• EV/EBITDA: 4.02x
• P/S Ratio: 0.60x
• P/B Ratio: 1.37x
• Dividend Yield: 7.65%

Recent Developments According to recent news, ASE Technology Holding Co. is positioned for significant growth as TSMC's backend services provider. The company is expected to benefit from increasing AI-related demand, particularly in advanced packaging services.

Market Outlook The stock appears to be in a short-term downtrend, testing support levels. However, the company's strong positioning in the semiconductor assembly and test services market, combined with attractive valuation metrics and high dividend yield, suggests potential value at current levels.

Recommendation Based on the technical and fundamental analysis, ASX presents a HOLD opportunity at current levels. While there's near-term weakness, the stock's attractive valuation and strategic position in the growing semiconductor industry support a neutral stance. Consider accumulating on dips below $10.23 (S1 support level).

To provide a price prediction for 2025 for an ASX stock, the specific stock needs to be identified. Please provide the ticker symbol or name of the ASX stock you are interested in. Once the stock is specified, a more accurate prediction can be made.

The S1 support level for ASX Stock is $10.31 ,The R1 resistant level for ASX Stock is $11.25.

As of the end of day on 2025-02-27, the price of ASX Stock was $10.135.

The target price for ASX Stock according to analyst rating is 13.00, with the highest price target at 13.00 and the lowest at 13.00. Analysts have a Moderate Buy rating on ASX Stock overall.

The market cap of ASX is $47.9B.

Based on recent market data and analysis, ASX is showing signs of overvaluation. The Australian market has experienced significant gains with the S&P/ASX 200 moving well above the 8,500 level, driven more by PE expansion than earnings growth. Macquarie analysts indicate that future returns will need to be driven by earnings rather than valuation multiples, suggesting current valuations are stretched. Market sentiment remains bullish with a FOMO Meter at 0.91, indicating potential overvaluation risks. Technical indicators and recent price action show the market may be due for a correction, with December 2024's 3.2% decline highlighting market fragility amid rising bond yields.

ASE Technology Holding Co Ltd is a Taiwan-based company that mainly invests in packaging services, testing services, electronic product assembly technology and manufacturing services. The investment business includes general investment business projects. The packaging and testing business provides integrated circuit (IC) services, including packaging and module design, IC packaging, multi-chip packaging, micro and hybrid modules, memory packaging, front-end testing, wafer probe testing, finished product testing, substrate design, and manufacturing. The electronic manufacturing service business mainly provides a series of professional services such as development and design, material procurement, production and manufacturing, logistics, maintenance and other after-sales services for domestic and foreign brand manufacturers in the fields of communications, consumer electronics, computers, storage industrial, automotive electronics and other types of electronic products.

Please specify the ASX stock for which you would like a price prediction for 2030.

ASX has a total of 91568 employees.