(ASC) Ardmore Shipping complete technical analysis [charts+indicators] | Buy/Sell Ardmore Shipping | (ASC) share price targets
Complete technical analysis of Ardmore Shipping (ASC) by charts plus indicators, forecast predictions and share price targets for Ardmore Shipping (ASC)
Ardmore Shipping trades in USA in Transportation sector.
Showing technical analysis as on 2024-08-16 View latest technical analysis
10 day averaged volume of Ardmore Shipping is 560220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 19.75 | 20.01 | 20.17 | 19.72 | 0.832 times |
| 15 Thu Aug 2024 | 20.01 | 19.92 | 20.15 | 19.77 | 1.028 times |
| 14 Wed Aug 2024 | 19.51 | 19.57 | 19.70 | 19.27 | 0.711 times |
| 13 Tue Aug 2024 | 19.46 | 19.47 | 19.52 | 19.19 | 0.755 times |
| 12 Mon Aug 2024 | 19.44 | 19.41 | 19.71 | 19.32 | 0.811 times |
| 09 Fri Aug 2024 | 19.32 | 19.50 | 19.50 | 19.24 | 0.616 times |
| 08 Thu Aug 2024 | 19.50 | 19.26 | 19.68 | 19.15 | 0.788 times |
| 07 Wed Aug 2024 | 19.17 | 20.00 | 20.00 | 19.00 | 0.975 times |
| 06 Tue Aug 2024 | 19.67 | 19.33 | 19.73 | 18.81 | 1.233 times |
| 05 Mon Aug 2024 | 19.28 | 18.50 | 19.35 | 18.21 | 1.784 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 19.4 as stoploss in an intra day buy trade for a target of 20.2. However, stock will show a bearish move below 19.4.
Share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Target | 15.44 |
| Downside Target | 16.56 |
| Downside Target | 17.17 |
| Downside Target | 18.21 |
| Downside Target | 19.19 |
| Downside Target | 19.59 |
| Upside Target | 20.70 |
| Upside Target | 21.50 |
| Upside Target | 21.52 |
| Upside Target | 22.70 |
| Upside Target | 22.72 |
| Upside Target | 23.16 |
| Upside Target | 23.44 |
Intraday share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Intraday Target | 19.24 |
| Downside Intraday Target | 18.72 |
| Upside Intraday Target | 20.22 |
| Upside Intraday Target | 20.68 |
| Downside Intraday Target | 19.7 |
Weekly technical analysis of Ardmore Shipping (ASC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 19.75 | 19.41 | 20.17 | 19.19 | 0.767 times |
| 09 Fri Aug 2024 | 19.32 | 18.50 | 20.00 | 18.21 | 0.776 times |
| 02 Fri Aug 2024 | 19.84 | 20.80 | 22.70 | 19.63 | 1.153 times |
| 26 Fri Jul 2024 | 20.53 | 20.36 | 21.50 | 20.30 | 1.238 times |
| 19 Fri Jul 2024 | 20.20 | 19.76 | 20.46 | 19.61 | 0.596 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Ardmore Shipping (ASC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 19.75 | 21.41 | 21.52 | 18.21 | 0.455 times |
| 31 Wed Jul 2024 | 21.68 | 22.51 | 22.72 | 19.59 | 1.081 times |
| 28 Fri Jun 2024 | 22.53 | 22.95 | 23.16 | 20.70 | 0.739 times |
| 31 Fri May 2024 | 22.41 | 16.63 | 23.44 | 16.56 | 1.724 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Ardmore Shipping (ASC)
Price action analysis of Ardmore Shipping ( (ASC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Ardmore Shipping ( (ASC) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Ardmore Shipping ( (ASC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ardmore Shipping ( (ASC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Ardmore Shipping stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Ardmore Shipping in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ardmore Shipping Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Ardmore Shipping in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Ardmore Shipping is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 19.5 and Ardmore Shipping (ASC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Ardmore Shipping (ASC) stock. Volume based technical analysis of Ardmore Shipping (ASC) stock is negative.
Ardmore Shipping Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Ardmore Shipping ( (ASC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Ardmore Shipping ( (ASC) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Ardmore Shipping ( (ASC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ardmore Shipping ( (ASC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Ardmore Shipping stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Ardmore Shipping in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ardmore Shipping Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Ardmore Shipping in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Ardmore Shipping is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 19.5 and Ardmore Shipping (ASC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Ardmore Shipping (ASC) stock. Volume based technical analysis of Ardmore Shipping (ASC) stock is negative.
Ardmore Shipping Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.