ASML Holding Clears Key Benchmark, Hitting 90-Plus RS Rating – Investor's Business Daily
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ASML Holding (ASML) saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an upgrade from 88 to 91.
X This exclusive rating from Investor’s Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock’s price movement over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the best stocks tend to have an 80 or higher RS Rating in the early stages of their moves.
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ASML Holding is trying to complete a consolidation with a 1,056.34 buy point. See if it can break out in heavy trading.
The company reported negative growth for both sales and earnings last quarter.
ASML Holding earns the No. 7 rank among its peers in the Electronics-Semiconductor Equipment industry group. Veeco Instruments (VECO), Onto Innovation (ONTO) and ACM Research Cl A (ACMR) are among the top 5 highly rated stocks within the group.
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