logo

[breadcrumb_custom]

ASE Technology Holding Co.Ltd ADR Inc. (ASX) Price Performance: A Technical Analysis Perspective

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 17.22%. However, over the past six months, we’ve seen a weaker performance of 43.25%. The price of ASX fallen by 14.54% over the last 30 days. And in the last five days, it has surged by 0.36%.

In terms of market performance, ASE Technology Holding Co.Ltd ADR had a fairly even. The highest value for the stock in the past year was $11.68 on 03/07/24, and the lowest value was recorded at $6.70 on 05/02/23.

52-week price history of ASX Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. ASE Technology Holding Co.Ltd ADR’s current trading price is -5.57% away from its 52-week high, while its distance from the 52-week low is 64.63%. The stock’s price range during this period has varied between$6.70 and $11.68. The ASE Technology Holding Co.Ltd ADR’s shares, which operate in the Technology, saw a trading volume of around 5.67 million for the day, a figure considerably lower than their average daily volume of 6.02 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

ASE Technology Holding Co.Ltd ADR (ASX) has experienced a quarterly rise of 21.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 23.78B.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 9.09, with a change in price of +3.40. Similarly, ASE Technology Holding Co.Ltd ADR recorded 5,527,207 in trading volume during the last 100 days, posting a change of +44.56%.

ASX’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ASX stands at 0.60. Similarly, the long-term debt-to-equity ratio is also 0.37.

ASX Stock Stochastic Average

ASE Technology Holding Co.Ltd ADR’s raw stochastic average for the past 50 days is presently 79.56%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 71.37%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 67.40% and 72.15%, respectively.

On Key

Related Posts