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Violation of 50-Day Moving Average Line Triggered Sell Signal - Thursday, September 30, 2021
A S M L Holding N.V. (ASML-$5.31 or -0.71% to $745.11) has been retreating abruptly from its all-time high and above average volume was behind today's 5th consecutive damaging loss. Only a prompt rebound above the 50 DMA line ($811.74) would help its outlook improve.
ASML traded up as much as +33.8% since it was highlighted in yellow with pivot point cited based on its 4/26/21 high plus 10 cents in the 5/25/21 mid-day report (read here). It was last shown in this FSU section on 8/11/21 with an annotated graph under the headline, "Semi Equipment Firm Extended From Any Sound Base".
It reported Jun '21 quarterly earnings +49% on +28% sales revenues versus the year-ago period. The 5 latest quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Annual earnings history included a small downturn in FY '19.
The Dutch Electronics - Semiconductor Equipment firm made an impressive rally from a deep slump in March. The number of top-rated funds owning its shares rise from 503 on Jun '20 to 696 in Jun '21, a reassuring sign concerning the I criteria. It has an Accumulation/Distribution rating of B and a Timeliness rating of B. It has a large supply (S criteria) of 419 million shares outstanding which make it less likely to be a quick sprinter.
Semi Equipment Firm Extended From Any Sound Base - Wednesday, August 11, 2021
A S M L Holding N.V. (ASML +$0.21 or +0.03% to $789.50) has been hovering near its all-time high, extended from any sound base and stubbornly holding its ground with volume totals cooling. Its 50-day moving average (DMA) line ($715) defines important near-term support to watch on pullbacks.
ASML was highlighted in yellow with pivot point cited based on its 4/26/21 high plus 10 cents in the 5/25/21 mid-day report (read here). It was last shown in this FSU section on 7/01/21 with an annotated graph under the headline, "Volume Higher While Pulling Back Toward 50-Day Moving Average". Since then it produced subsequent gains for new highs (N criteria) and a strong close above its pivot point backed by at least +40% above average volume, triggering a technical buy signal.
It reported Jun '21 quarterly earnings +49% on +28% sales revenues versus the year-ago period. The 5 latest quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Annual earnings history included a small downturn in FY '19.
The Dutch Electronics - Semiconductor Equipment firm made an impressive rally from a deep slump in March. The number of top-rated funds owning its shares rise from 503 on Jun '20 to 678 in Jun '21, a reassuring sign concerning the I criteria. It has an Accumulation/Distribution rating of B and a Timeliness rating of B. It has a large supply (S criteria) of 418.4 million shares outstanding which make it less likely to be a quick sprinter.
Volume Higher While Pulling Back Toward 50-Day Moving Average - Thursday, July 1, 2021
A S M L Holding N.V. (ASML -$11.53 or -1.67% to $679.31) has been pulling back toward its 50-day moving average (DMA) line ($667) which acted as support during the prior consolidation. More damaging losses may raise greater concerns.
ASML was highlighted in yellow with pivot point cited based on its 4/26/21 high plus 10 cents in the 5/25/21 mid-day report (read here). It was shown in greater detail that evening with an annotated graph under the headline, "Perched Near All-Time High After Short Base Above 50-Day Average. Disciplined investors will note that it has not produced subsequent gains for new highs (N criteria) and a strong close above its pivot point backed by at least +40% above average volume, so it did not trigger a proper technical buy signal.
It reported Mar '21 quarterly earnings +264% on +90% sales revenues versus the year-ago period. The 4 latest quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Annual earnings history included a small downturn in FY '19.
The Dutch Electronics - Semiconductor Equipment firm made an impressive rally from a deep slump in March. The number of top-rated funds owning its shares rise from 503 on Jun '20 to 645 in Mar '21, a reassuring sign concerning the I criteria. It has an Accumulation/Distribution rating of B+ and a Timeliness rating of B. It has a large supply (S criteria) of 418.4 million shares outstanding which make it less likely to be a quick sprinter.
Perched Near All-Time High After Short Base Above 50-Day Average - Wednesday, May 26, 2021
A S M L Holding N.V. (ASML -$8.27 or -1.23% to $664.02) was highlighted in yellow with pivot point cited based on its 4/26/21 high plus 10 cents in the 5/25/21 mid-day report (read here). Subsequent gains for new highs (N criteria) and a strong close above its pivot point backed by at least +40% above average volume is needed to trigger a proper technical buy signal. It found support at its 50-day moving average (DMA) line ($629) during a 4-week consolidation.
It reported Mar '21 quarterly earnings +264% on +90% sales revenues versus the year-ago period. The 4 latest quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Annual earnings history included a small downturn in FY '19.
The Dutch Electronics - Semiconductor Equipment firm made an impressive rally from a deep slump in March. The number of top-rated funds owning its shares rise from 503 on Jun '20 to 636 in Mar '21, a reassuring sign concerning the I criteria. It has an Accumulation/Distribution rating of A- and a Timeliness rating of A. It has a large supply (S criteria) of 418.4 million shares outstanding which make it less likely to be a quick sprinter.
