Section 1: Company Fundamentals

1.1 Company Overview and Performance summary

Company Overview:

ASML Holding N.V. (NASDAQ: ASML) is a holding company based in the Netherlands. The Company operates through its subsidiaries in the Netherlands, the United States, Italy, France, Germany, the United Kingdom, Ireland, Belgium, South Korea, Taiwan, Singapore, China, Hong Kong, Japan, Malaysia and Israel. The Company operates through one business segment which is engaged in development, production, marketing, sales, upgrading and servicing advanced semiconductor equipment systems, consisting of lithography, metrology and inspection systems.

This US Daily Report covers the Company Overview & Price performance, Summary table, Key positives & negatives, Key metrics, Company details, technical guidance & Stock recommendation, and Price chart.

Price Performance:

• ASML's share price has dropped by 23.44% in the past three months. Similarly, in the long term, the stock has given a mere return of 30.62% over the past nine months.
• The stock is currently trading near to the lower end of its 52-week range of USD 1110.09 and 52-week low price of USD 645.45, with the expectations of an upside movement if the current support level of USD650 holds.
• The price is currently below both its short-term (50-day) SMA and long-term (200-day) SMA, with the current RSI of around 47.68.

1.2 Summary Table

1.3 The Key Positives & Negatives

Section 2: ASML Holding NV (NASDAQ: ASML) (“Buy” at the current market price of USD 684.34, as of December 02, 2024, 07:15 am PST)

2.1 Company Details

2.2 Technical Guidance and Stock Recommendation  

Markets are trading in a highly volatile zone currently due to certain macroeconomic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is December 02, 2024. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: The report publishing date is as per the Pacific Time Zone.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

 Resistance: A level at which the stocks prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

 Stop-loss: It is a level to protect against further losses in case of unfavorable movement in the stock prices.