(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 2024-08-29 View latest technical analysis
10 day averaged volume of Ardmore Shipping is 508330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 18.94 | 19.01 | 19.01 | 18.72 | 0.77 times |
| 28 Wed Aug 2024 | 18.91 | 19.00 | 19.09 | 18.65 | 1.372 times |
| 27 Tue Aug 2024 | 19.11 | 18.93 | 19.12 | 18.84 | 0.585 times |
| 26 Mon Aug 2024 | 19.01 | 18.93 | 19.24 | 18.89 | 0.767 times |
| 23 Fri Aug 2024 | 18.76 | 18.71 | 19.20 | 18.67 | 0.877 times |
| 22 Thu Aug 2024 | 18.63 | 18.69 | 18.86 | 18.58 | 0.891 times |
| 21 Wed Aug 2024 | 18.68 | 19.12 | 19.22 | 18.63 | 1.685 times |
| 20 Tue Aug 2024 | 19.15 | 19.28 | 19.40 | 19.06 | 1.004 times |
| 19 Mon Aug 2024 | 19.47 | 19.74 | 19.93 | 19.44 | 0.771 times |
| 16 Fri Aug 2024 | 19.75 | 20.01 | 20.17 | 19.72 | 0.917 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 18.9 as stoploss in an intra day buy trade for a target of 19.28. However, stock will show a bearish move below 18.9.
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 | 18.58 |
| Upside Target | 19.19 |
| Upside Target | 20.17 |
| Upside Target | 20.70 |
| 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 | 18.65 |
| Downside Intraday Target | 18.35 |
| Upside Intraday Target | 19.24 |
| Upside Intraday Target | 19.53 |
| Upside Intraday Target | 18.94 |
Weekly technical analysis of Ardmore Shipping (ASC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 18.94 | 18.93 | 19.24 | 18.65 | 0.668 times |
| 23 Fri Aug 2024 | 18.76 | 19.74 | 19.93 | 18.58 | 1.146 times |
| 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 |
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 |
| 29 Thu Aug 2024 | 18.94 | 21.41 | 21.52 | 18.21 | 0.745 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ardmore Shipping ( (ASC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ardmore Shipping in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Ardmore Shipping is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 19 and Ardmore Shipping (ASC) stock is trading below this level. This means that stock is falling with high volumes. 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ardmore Shipping ( (ASC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ardmore Shipping in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Ardmore Shipping is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 19 and Ardmore Shipping (ASC) stock is trading below this level. This means that stock is falling with high volumes. 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.