ASML(+8.12%) vs NVDA(+26.79%): Detailed Swing Trading Comparison | High-Tech Vs Volatility Strategies
The landscape of semiconductor companies has seen two notable players rise to the forefront, ASML and NVDA. Both of these tech giants are key contributors to the hi-tech and consumer sectors, in the context of swing trading. However, their different trading strategies and returns bring them into a stark comparative light.
ASML, adopting the Swing Trader strategy, is diversified across hi-tech and consumer sectors. It has yielded an 8.12% return, thus providing a robust illustration of the strength of this strategy in the current market landscape. On the other hand, NVDA employs a Volatility Balanced Strategy, underpinned by technical analysis (TA), and has seen a significantly higher return of 26.79%. This showcases the power of a more volatile, responsive approach to market fluctuations.
The correlation between these two companies is surprisingly high at 84%, indicating that they often move in tandem within the market. This strong correlation, despite differing trading strategies, underscores the inherent interconnectivity of the semiconductor industry.
Interestingly, their price growth has not been in lockstep this week. ASML experienced a decline of 1.53% while NVDA saw an increase of 0.98%. This contrast is noteworthy, especially when considering the average weekly price growth for the semiconductor industry is 0.71%. Yet, the monthly and quarterly industry averages of 15.95% and 16.55%, respectively, are reminders of the industry’s potential for longer-term growth.
The reported earnings dates for these two companies also offer critical insights for investors. ASML is slated to report earnings on July 19, 2023, while NVDA's earnings report will be announced on August 17, 2023. These dates are pivotal moments that can affect the stocks' direction and investor sentiment.
The semiconductor industry, experiencing a weekly growth rate of 0.71%, continues to surge forward as a powerhouse of the global economy. This, in part, is fueled by giants like ASML and NVDA, whose performances, strategies, and correlations play a crucial role in shaping the industry. Ultimately, while they adopt different trading strategies, both companies contribute significantly to the industry's dynamic evolution and growth. The comparative study between ASML and NVDA thus offers valuable insights into the complexities and opportunities present within the semiconductor market.
ASML in upward trend: price may jump up because it broke its lower Bollinger Band on September 07, 2023
ASML may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 37 cases where ASML's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ASML advanced for three days, in of 319 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 06, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on ASML as a result. In of 76 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for ASML turned negative on September 08, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ASML declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for ASML entered a downward trend on September 22, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 63, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. ASML’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (20.450) is normal, around the industry mean (7.929). P/E Ratio (29.412) is within average values for comparable stocks, (53.587). Projected Growth (PEG Ratio) (1.239) is also within normal values, averaging (2.336). Dividend Yield (0.011) settles around the average of (0.022) among similar stocks. P/S Ratio (8.432) is also within normal values, averaging (72.527).
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a manufacturer of technology systems for the semiconductor industry
Industry Semiconductors
ASML and
Correlation & Price change
A.I.dvisor indicates that over the last year, ASML has been closely correlated with AMAT. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if ASML jumps, then AMAT could also see price increases.
| Ticker / NAME | Correlation To ASML | 1D Price Change % | ||
|---|---|---|---|---|
| ASML | 100% | +0.86% | ||
| AMAT - ASML | 86% Closely correlated | +0.72% | ||
| KLAC - ASML | 85% Closely correlated | +1.10% | ||
| LRCX - ASML | 84% Closely correlated | +1.43% | ||
| TER - ASML | 80% Closely correlated | -0.22% | ||
| MCHP - ASML | 78% Closely correlated | +1.30% | ||
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