ASML Holding (ASML) Weekly Technical Analysis
ASML Holding
Manufactures advanced lithography machines essential for semiconductor manufacturing.
ASML Technical Analysis Summary
ASML is undergoing a multi-week corrective decline from its record highs above 2,000, bringing short-term price action under bearish pressure below the 20-week moving average. However, the macro trend remains constructive with the price currently testing critical long-term dynamic support at the rising 50-week moving average around 1,515. A decisive hold above this zone is essential for bulls to resume the primary uptrend, whereas a sustained breakdown could open the door to a deeper retracement toward 1,350.
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ASML Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is in a multi-week corrective decline below the 20-week moving average, with weekly RSI falling below 50 and price pressing into the lower Bollinger Band.
Long-term Sentiment (weeks to months): Bullish
The broader secular uptrend remains intact with the upward-sloping 50-week MA trading well above the rising 200-week MA.
Report Metadata
- Timeframe: weekly
- Generated at: Oct 30, 2026
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $1,535.00 | $1,510.00 - $1,560.00 | Strong | Confluence of the rising 50-week simple moving average (1,513.20) and the weekly lower Bollinger Band. |
| $1,355.00 | $1,320.00 - $1,390.00 | Moderate | Prior multi-week swing low and consolidation shelf formed during the prior advance. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $1,735.00 | $1,720.00 - $1,750.00 | Moderate | Confluence of the 20-week SMA (1,736.68) and recent breakdown level. |
| $2,020.00 | $1,980.00 - $2,060.00 | Strong | All-time high resistance zone and upper Bollinger Band boundary. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Moderate | Double Top | Bearish | $1,350.00 | Rejection from the peak near 2,050 followed by a lower secondary high around 1,930, resulting in a breakdown toward the key baseline support near 1,515-1,560. |
Frequently Asked Questions about ASML
What is the current sentiment for ASML?
The short-term sentiment for ASML is currently Bearish because Price is in a multi-week corrective decline below the 20-week moving average, with weekly RSI falling below 50 and price pressing into the lower Bollinger Band. The long-term trend is classified as Bullish.
What are the key support levels for ASML?
StockDips.AI has identified key support levels for ASML at $1,535.00 and $1,355.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is ASML in a significant dip or a Value Dip right now?
ASML has a Value Score of 82/100. It is currently flagged as a significant dip in the Top Dips list. It is also listed as a Value Dip because long-term sentiment is bullish.
View the full interactive analysis on StockDips.AI.