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ASML Holding NV (ASML) Stock: What Does the Chart Say Tuesday?

Tuesday, December 13, 2022 10:58 AM | InvestorsObserver Analysts

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ASML Holding NV (ASML) Stock: What Does the Chart Say Tuesday?

Overall market sentiment has been high on ASML Holding NV (ASML) stock lately. ASML receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
ASML Holding NV has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ASML!

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With ASML Stock Today?

ASML Holding NV (ASML) stock is trading at $627.45 as of 10:57 AM on Tuesday, Dec 13, an increase of $17.46, or 2.86% from the previous closing price of $609.99. The stock has traded between $624.90 and $643.36 so far today. Volume today is less active than usual. So far 413,346 shares have traded compared to average volume of 1,269,053 shares.

More About ASML Holding NV

Founded in 1984 and based in the Netherlands, ASML is the market share leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photomask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a meaningful portion of the cost of making cutting-edge chips. Chipmakers require next-generation EUV lithography tools from ASML to continue past the 5-nanometer process node. ASML's products are used at every major semiconductor manufacturer, including Intel, Samsung, and TSMC. Click Here to get the full Stock Report for ASML Holding NV stock.

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