ASML ASML technical analysis

ASML at $1713.9 is flat in 24h (-0.16%), with a mixed daily trend as price sits below the SMA20 (1,751.69) and SMA50 (1,749.88). Momentum is weak: 4h RSI14 is 45, daily RSI14 is 35, while the 4h SMA20 (1,710.42) sits just below price.

The immediate battle is around the 1,717.31-1,735.65 resistance zone, which has 7 touches on the 4h and 4 touches on the 1D. Below, support rests at 1,700.83-1,705.97 (1 touch on both frames), with further support at 1,689.58-1,694.72 (1 touch, 4h). The falling resistance trendline at ~1,715.41 (2 touches) adds pressure overhead.

Bulls need a decisive close above 1,735.65 to challenge the 1,745.45-1,750.59 zone (1 touch) and shift the daily bias. Bears need to break and hold below 1,700.83, targeting 1,669.18-1,674.32 (1 touch, 4h) and the rising support trendline near 1,627.22.