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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
ASE Technology Holding Co., Ltd. American Depositary Shares (each representing Two Common Shares) (NYSE:ASX)
Crossroads (+60) - ASX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ASX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ASX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ASX
The long-term trend has been UP since May 30th, 2023 at 7.965
The intermediate-term trend has been DOWN since Apr 1st, 2024 at 10.790
The short-term trend has been DOWN since May 8th, 2024 at 10.390
Smart Scan Analysis for ASX
Based on our trend formula, ASX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.380 | 10.450 | 10.340 | 10.425 | +0.035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.440 | 3067592 | 2024-05-08 15:59:43 |
| Year High | 5.84 | Year High Date | 2018-05-01 |
| Year Low | 3.54 | Year Low Date | 2018-11-23 |
| 52wk High | 11.68 | 52wk High Date | 2024-03-07 |
| 52wk Low | 6.83 | 52wk Low Date | 2023-05-12 |
| Year End Close | 4.28 | Average Volume | 5,890,949 |
| Shares Outstanding | 1,518,944 | Short Interest | 766,369 |
| % Institutional | 5.3 | Market Cap | 9,670M |
| Assets | 737,829,000M | Liabilities | 449,468,000M |
| P/E Ratio | 15.0961 | Beta | 1.19 |
| Volatility | 41.64 |