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ASML Elliott Wave analysis: Bullish path toward $2108–$2287

ASML Holding N.V., (ASML) provides lithography solutions for the development, production, marketing, sales, upgrading & servicing semiconductor equipment systems. It also offers hardware, software & services to chipmakers to produce the patterns of integrated circuits. It comes under the Technology sector & trades as ‘ASML’ ticker at Nasdaq.

ASML is bullish in weekly, favors rally in I of (III) of ((III)) in nest structure. It favors rally in ((5)) towards $2108 – $2287 area against 7.29.2026 low to extend April-2025 rally. We like to buy the pullback in 3, 7 or 11 swings at extreme area.

ASML – Elliott Wave latest daily view

ASML

In weekly, it ended ((I)) at $895.93 high (September-2021) & ((II)) at $363.15 low (October-2022). Above there, it ended (I) of ((III)) at $1110.09 high (July-2024), (II) at $578.51 low (April-2025) & favors rally in (III). Within (I), it placed I at $771.98 high, II at $564 low, III at $1056.34 high, IV at $849.14 low & V at $1110.09 high. Below there, it ended a of (II) at $767.41 low, b at $945.05 high & c at $578.51 low. Above April-2025 low, it ended ((1)) of I at $826.56 high, ((2)) at $683.48 low, extended ((3)) at $1999.96 high, ((4)) at $1530.64 low & favors upside in ((5)).

ASML – Elliott Wave latest weekly view

ASML

Within ((3)), it ended (1) at $1086.11 high, (2) at $946.11 low, (3) at $1547.22 high, (4) at $1248.11 low & (5) at $1999.96 high. The ((4)) unfolded in double correction & found support in extremes between $1576.76 – $1402.70 area. Currently, it favors rally in (1) of ((5)) & expect small upside against 7.29.2026 low before correcting it. Buyers from ((4)) extremes can be risk free & looking for rally into $2108 – $2287 area to finish I of (III). Above $2287, it can extend up to $2538.2 to finish rally. Further upside will confirm above June peak. Alternatively, if it breaks below 7.29.2026 low, it can be II pullback, while proposed ended I at June-2026 peak.

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Elliott Wave Forecast Team

Elliott Wave Forecast Team

ElliottWave-Forecast.com

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