ASML Holding NV

ASML remains in a medium-term Stage 2 advance above its 200-day SMA but is digesting recent gains in a tight range between the 9/20 EMAs and the 50-day SMA, with neutral momentum and no active chart patterns, suggesting deferred mean-reversion entries on shallow pullbacks into the EMA zone while awaiting a decisive break above the 50-day SMA to confirm trend resumption.

• ↑Q2 net sales reached €9.3B, above the high end of guidance
• ↑Gross margin expanded to 54%, driven by install-base management and upgrades
• ↓China system sales share could decline from 33% to ~20% in 2026