ASML Holding NV 

Company Overview: ASML Holding N.V. (NASDAQ: ASML) is a semiconductor producer that provides various wafer fabrication services and technologies. The company manufactures a wide array of semiconductor devices, such as microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units.

As per our previous US Daily Report published on ‘ASML’ on 28^th January 2025, Kalkine provided a ‘Buy’ stance on the stock at USD 671.13 based on “price action, recent key business and financial updates, momentum in the stock over the last month, and technical indicators analysis” and the stock price has now moved by ~10.16% since then.

Noted below are the details of support and resistance levels provided in our previous report:

ASML’s Daily Chart

Considering the current trading levels, current macro environment, and risks associated, a ‘Sell’ rating is assigned to the “ASML” at the closing market price of USD 739.31, as of January 31, 2025.  

Note: This report may be updated with details around fundamental and technical analysis, price/ chart in due course, as appropriate

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 level is January 31, 2025. 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: Target Price refers to a price level that the stock is expected to reach as per the relative valuation method and or technical analysis taking into consideration both short-term and long-term scenarios.

Note 5: ‘Kalkine reports are prepared based on the stock prices captured either from the New York Stock Exchange (NYSE), NASDAQ Capital Markets (NASDAQ), and or REFINITIV. Typically, all sources (NYSE, NASDAQ, or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.’