Overall market sentiment has been down on ASML Holding NV (ASML) stock lately. ASML receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
ASML Holding NV has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on ASML!
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
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 down -0.53% while the S&P 500 is up 0.34% as of 10:07 AM on Wednesday, Sep 7. ASML is lower by -$2.51 from the previous closing price of $469.92 on volume of 93,391 shares. Over the past year the S&P 500 has fallen -13.24% while ASML is lower by -45.76%. ASML earned $13.81 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 33.76.
More About ASML Holding NV
ASML Holding NV is founded in 1984 and based in the Netherlands, ASML is the 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.
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