ASML: Cup with Handle — Bullish (Stage 2 (Advancing))

Posted on by Eben@CANSLIM Research
ASML daily stock chart with 10, 20, 50, 150 and 200-day moving averages, volume and RS line versus SPY, Stage 2 (Advancing), as of October 09, 2026 at 00:04 — CANSLIM Research
Eben@CANSLIM Research's avatarEben@CANSLIM Research

ASML is currently in Stage 2 (Advancing) with a Cup with Handle (22.0% deep, 14 weeks). Overall technical read: Bullish.

Technical Analysis

As of 2026-10-08 · Close $1817.08

Stage Analysis

Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 3.91%)

Detected Patterns — What the Market Is Watching

  • Cup with Handle — depth 22.0%, length 14 weeks, pivot $1867.31. Base formed from 2026-06-30 (left-side high) to 2026-10-02, with the low of $1550.69 set on 2026-07-29
  • Handle: formed from 2026-10-02 (high $1867.31) to 2026-10-07 (low $1804.96) — a 3.3% pullback

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