ASML Holding NV (ASML) stock has risen 6.34% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
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 lower by -0.54% while the S&P 500 has gained 1.5% as of 2:44 PM on Wednesday, Jan 20. ASML has fallen -$2.98 from the previous closing price of $549.50 on volume of 820,996 shares. Over the past year the S&P 500 has risen 16.11% while ASML has gained 83.15%. ASML earned $9.64 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 56.69.
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More About ASML Holding NV
Founded in 1984 and based in the Netherlands, ASML is a leading manufacturer of 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 will require next-generation EUV lithography tools that have been in development by ASML to continue past the 10-nanometer process node.
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