LEVERAGE SHARES 2X ASML (ASMG) Stock Technical Analysis
NASDAQ:ASMG - Nasdaq - US8829276687 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to ASMG. ASMG performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, ASMG is a bad performer in the overall market: 100% of all stocks are doing better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
In the last month ASMG has a been trading in the 8.93 - 12.60 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ASMG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 12.13. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ASMG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.90
13.26
We found 3 important support areas.
- A support zone ranging from 11.00 to 11.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.31 from a trend line in the daily time frame.
- Support @10.00 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 12.13 to 12.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 13.01 to 13.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High12.15
10 Day Low9.65
20 Day High12.6
20 Day Low8.93
52 Week HighN/A
52 Week LowN/A
Performance
1 Week10.93%
2 Weeks6.67%
1 Month-8.97%
3 Month-22.72%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.14
RSI(14)49.5
LBB9.29
UBB12.66
NASDAQ:ASMG (4/25/2025, 8:00:00 PM)
11.67
+0.08 (+0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.69%
1 Week10.93%
2 Weeks6.67%
1 Month-8.97%
3 Month-22.72%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.18
ATR(20)%9.03%
ATR Inc-51.54%
Range Today0.57
ADR(20)0.77
ADR(20)%6.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High12.15
10 Day Low9.65
20 Day High12.6
20 Day Low8.93
52 Week HighN/A
52 Week LowN/A
CS1 End11.11
CR1 Start12.13
Volume & EV
DER(3)1.78%
DER(5)3.26%
Volume12.50K
Volume Incr-53.78%
Vol(5)17.28K
Vol(50)33.33K