ASML Holding N.V. (ASML) stock rose in its latest intraday trading after successfully easing its overbought conditions on the relative strength indicators, giving it more room to record additional gains in the near term. This comes amid continued positive momentum from trading above the previous 50-day SMA and under the dominance of the main short-term bullish trend.

Therefore, we expect the stock to rise in its upcoming trading sessions as long as it remains above the support level of $997.65, targeting the key resistance level of $1,086.00.

Todays stock forecast: Bullish.