Hopper58 schreef op 9 oktober 2024 16:58:
ASML (ASML) Recently Broke Out Above the 20-Day Moving Average
Zacks Equity Research October 09, 2024
ASML (ASML Quick QuoteASML - Free Report) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ASML crossed above the 20-day moving average, suggesting a short-term bullish trend.
The 20-day simple moving average is a well-liked trading tool because it provides a look back at a stock's price over a 20-day period. Additionally, short-term traders find this SMA very beneficial, as it smooths out short-term price trends and shows more trend reversal signals than longer-term moving averages.
The 20-day moving average can show signals that are similar to other SMAs as well. If a stock's price is moving above the 20-day, the trend is considered positive. When the price falls below the moving average, it can signal a downward trend.
www.zacks.com/stock/news/2348236/asml...