Logo image of ASX

ASE TECHNOLOGY HOLDING -ADR (ASX) Stock Technical Analysis

NYSE:ASX - New York Stock Exchange, Inc. - US00215W1009 - ADR - Currency: USD

8.59  +0.43 (+5.27%)

Technical Rating and Analysis

0

Taking everything into account, ASX scores 0 out of 10 in our technical rating. ASX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
76% of all other stocks performed better in the past year than ASX.
ASX is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
ASX is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 71% of 109 stocks in the same industry.
ASX has an average volume of 12466600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ASX has a been trading in the 6.94 - 9.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ASE TECHNOLOGY HOLDING -ADR / ASX Weekly stock chart
ASE TECHNOLOGY HOLDING -ADR / ASX Daily stock chart
Setup Rating and Analysis

6

ASX 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 support zone below the current price at 7.68, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ASX 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.
Support and Resistance Analysis

7.34

11.15

3 important support areas can be observed.

  • A support zone ranging from 8.43 to 8.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 7.66 to 7.68. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A support zone ranging from 7.41 to 7.48. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

  • Resistance @8.59 from a trend line in the daily time frame.
  • Resistance @10.11 from a horizontal line in the daily time frame.
  • Resistance @10.67 from a trend line in the weekly time frame.
  • Resistance @11.04 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.03
Mansfield-1.35
10 Day High8.53
10 Day Low6.94
20 Day High9.88
20 Day Low6.94
52 Week High12.86
52 Week Low6.94
Performance
1 Week-0.73%
2 Weeks7.51%
1 Month-17.41%
3 Month-24.86%
6 Month-20.93%
12 Month-19.21%
2 Year18.95%
3 Year26.71%
5 Year87.59%
10 Year14.45%
15 Year67.9%
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)0.05
RSI(14)42.11
LBB7.34
UBB8.88
ASE TECHNOLOGY HOLDING -ADR / ASX Daily stock chart

ASE TECHNOLOGY HOLDING -ADR

NYSE:ASX (4/23/2025, 10:53:07 AM)

8.59

+0.43 (+5.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg5.27%
1 Week-0.73%
2 Weeks7.51%
1 Month-17.41%
3 Month-24.86%
6 Month-20.93%
12 Month-19.21%
2 Year18.95%
3 Year26.71%
5 Year87.59%
10 Year14.45%
15 Year67.9%
Volatility
ATR(14)0.56
ATR(20)%5.87%
ATR Inc-60.88%
Range Today0.14
ADR(20)0.4
ADR(20)%4.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.03
Mansfield-1.35
10 Day High8.53
10 Day Low6.94
20 Day High9.88
20 Day Low6.94
52 Week High12.86
52 Week Low6.94
CS1 End7.68
CR1 Start8.43
Volume & EV
DER(3)2.91%
DER(5)4.32%
Volume4.14M
Volume Incr-8.17%
Vol(5)13.23M
Vol(50)12.47M