ASML Rips +8.8%, Eyes $1,200
$ASML Holding NV(ASML)$
ASML Soared +8.78%: Chip Equipment Leader Tests All-Time High Near $1,200
Latest Close Data:
Closed at $1,163.78 on Jan 5, 2026, up +8.78% (+$93.92). The price is just $9 shy of its 52-week high of $1,172.77.
Core Market Drivers:
The surge is fueled by renewed optimism in the global semiconductor capex cycle, with major foundries accelerating adoption of ASML's next-generation High-NA EUV technology.
Positive industry forecasts for AI chip demand continue to be a primary tailwind.
Technical Analysis:
The move was backed by strong volume (Volume Ratio: 5.65).
The RSI(6) at 83.48 signals overbought conditions, suggesting a potential near-term consolidation.
MACD has turned positive (latest value: 7.26), indicating a strengthening bullish momentum signal.
Key Price Levels:
Primary Support: $1,133.48 (today's low).
Strong Resistance: $1,172.77 (52-week high).
Immediate Pivot: $1,164.48 (recent resistance). A sustained break above this level could target new highs.
Valuation Perspective:
Forward P/E of 37.49 is above its historical average of 35.77, reflecting premium pricing for its unique market position and growth outlook.
Analyst Targets:
12 analysts have an average price target of $1,081.17. Sentiment is bullish with 2 Strong Buy, 10 Buy, and 3 Hold ratings.
Weekly Outlook:
Expect consolidation near the $1,165-$1,173 resistance zone after the sharp rally.
A decisive breakout above $1,173 could target the $1,200 psychological level, while a pullback should find initial support around $1,133.
Disclaimer: This analysis is for informational purposes only and not financial advice. Past performance is not indicative of future results. Investing involves risk, including potential loss of principal.
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