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ASE Technology Holding Co., Ltd. (ASX) Corporate Logo

ASE Technology Holding Co., Ltd. (ASX) Stock Price & Analysis

Market: NYSE • Sector: Technology • Industry: Semiconductors

ASE Technology Holding Co., Ltd. (ASX) Profile & Business Summary

ASE Technology Holding Co., Ltd. provides a range of semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. It offers packaging services, including flip chip ball grid array (BGA) and chip scale package (CSP), advanced chip scale packages, quad flat packages, low profile and thin quad flat packages, bump chip carrier and quad flat no-lead (QFN) packages, advanced QFN packages, plastic BGAs, and 3D chip packages; stacked die solutions in various packages; and copper and silver wire bonding solutions. The company also provides advanced packages, such as flip chip BGA; heat-spreader FCBGA; flip-chip CSP; hybrid FCCSP; flip chip package in package and package on package (POP); advanced single sided substrate; high-bandwidth POP; fan-out wafer-level packaging; SESUB; and 2.5D silicon interposer. In addition, it offers IC wire bonding packages; system-in-package products (SiP) and modules; and interconnect materials, as well as assembles automotive electronic products. Further, the company provides a range of semiconductor testing services, including front-end engineering testing, wafer probing, logic/mixed-signal/RF module and SiP/MEMS/discrete final testing, and other test-related services, as well as drop shipment services. Additionally, it develops, constructs, sells, leases, and manages real estate properties; produces substrates; offers information software, equipment leasing, investment advisory, and warehousing management services; processes and sells computer and communication peripherals, electronic components, telecommunications equipment, and motherboards; and imports and exports goods and technology. The company was incorporated in 1984 and is headquartered in Kaohsiung, Taiwan.

Key Information

Ticker ASX
Exchange NYSE
Official Site https://www.aseglobal.com
CIK Number 0001122411
View SEC Filings

Market Trend Overview for ASX

One model, two time views: what the market looks like right now, and where the larger trend is heading over time.

Longer-Term Market Trend (Mid to Long Term)

Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-08-28 (ET)

As of 2026-08-28, ASX is moving sideways with low volatility. Over the longer term, the trend remains bullish.

ASX last closed at 37.78. The price is about 0.2 ATR below its recent average price (38.02), and the market is currently in a sideways market with low volatility. Price at 37.78 is moving between light support near 36.92 and minor resistance near 38.87. Direction remains unclear. View Support & Resistance from Options

Price is moving in a tight range. This often leads to a stronger move once the range breaks, increasing one-sided risk.

Trend Alignment Summary

Trend score: 40 out of 100. Overall alignment is unclear. The market is currently in a sideways phase with tightening price movement. The longer-term trend is still positive, but short-term signals are not yet confirming it.

Key Risk Level

There is no clear key risk boundary right now.

Recent Trend Signal

On 2026-08-18, trend conditions deteriorated, suggesting that moves in the prior direction became less dependable.

Unusual Price Movement

[2026-08-26] Price moved quickly and looked strong, but participation was limited.

Recent Price Behavior

Recent bars show mixed price behavior without a clear shift in structural quality or efficiency.

Overnight Positioning

There was no clear sign of meaningful positions being carried into the overnight session.

Next-day directional probability forecast Last updated: 2026-08-28 (ET)
Next-session outlook for 2026-08-31 (ET)
No clear next-day edge

What the model sees

The model stays neutral because the setup is not clear enough to justify a directional deployment.


Why the model says this

The model does not deploy this setup because internal signals are not aligned strongly enough. Predictability is 46%, agreement is 39%, and reversal risk is 10%.

NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history

Recent Cost Distribution Last updated: 2026-08-28 (ET)

This estimate uses 1-minute price, volume, and VWAP data from the last 27 trading days, with turnover-based decay. The sample period is 2026-07-23 to 2026-08-28. The current price is 37.78, 2.70% above the estimated average cost of 36.79. An estimated 69.5% of recent positioning is below the current price, while 30.0% is above it. The peak-density price is 36.12. The largest concentrated cost region is 35.71 to 37.45 and contains 47.1% of the estimated distribution. The current price is within the 37.69 to 37.91 cost region. The nearest region below the current price is 35.71 to 37.45. The nearest region above the current price is 38.51 to 38.83.

Short Interest & Covering Risk for ASX

This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.

Squeeze Score 0.52

Shows how likely a short squeeze may be under current market conditions.

Key Market Risk Indicators
Short Crowding (Short Interest / Float) 0.51%
Short Positions Trend Increasing
Liquidity Trend (Average Daily Volume) -16.02%
20-Day Return 7.42%
Price vs 20-Day High Below Recent Highs

Short Exposure Percentile

Short interest is relatively low, indicating limited pressure from short positions. (Historical percentile: 11%)

Structure Analysis

ASX Short positioning looks normal. Current days to cover is 1.1 trading days, meaning short positions would unwind somewhat slower than average. Short covering is likely to have a normal impact on price moves. No meaningful structural fragility is currently detected (Fragility Score 19/100, DTC percentile 86%) while price maintains a mild upward bias (20D return 7.4%) with short positioning continuing to expand and liquidity softening modestly (volume -16%). Positioning is historically elevated, although price and liquidity conditions do not yet confirm structural fragility.

Risk Summary

No clear bull trap characteristics detected. Recent price behavior remains broadly consistent with current positioning.This reading helps confirm that current price action remains structurally healthy and does not indicate elevated trap risk.

Why Price Reactions May Be Stronger?

Days-to-Cover is elevated versus its own history, but absolute short interest remains moderate. In the latest reporting period, short interest continues to increase. Price action is compressing (range is tightening), which can make breaks more sensitive. Adaptive thresholds applied to liquidity weakness, near-high detection, and compression sensitivity. As a result, similar news or market events could lead to price moves about 1× larger than usual.


Note: Short interest data is reported every two weeks by FINRA. The most recent snapshot is 2026-07-31 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.

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