(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 2024-09-04 View latest technical analysis
10 day averaged volume of Ardmore Shipping is 523520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 17.63 | 17.61 | 17.80 | 17.50 | 0.971 times |
| 03 Tue Sep 2024 | 17.61 | 18.44 | 18.50 | 17.55 | 1.622 times |
| 30 Fri Aug 2024 | 18.88 | 18.66 | 18.96 | 18.57 | 0.816 times |
| 30 Fri Aug 2024 | 18.88 | 18.66 | 18.96 | 18.57 | 0.816 times |
| 29 Thu Aug 2024 | 18.94 | 19.01 | 19.01 | 18.72 | 0.748 times |
| 28 Wed Aug 2024 | 18.91 | 19.00 | 19.09 | 18.65 | 1.332 times |
| 27 Tue Aug 2024 | 19.11 | 18.93 | 19.12 | 18.84 | 0.568 times |
| 26 Mon Aug 2024 | 19.01 | 18.93 | 19.24 | 18.89 | 0.744 times |
| 23 Fri Aug 2024 | 18.76 | 18.71 | 19.20 | 18.67 | 0.852 times |
| 22 Thu Aug 2024 | 18.63 | 18.69 | 18.86 | 18.58 | 0.865 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 17.7, for a target of 18.4 or 19.03
Share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Target | 16.56 |
| Downside Target | 17.50 |
| Upside Target | 18.21 |
| Upside Target | 18.96 |
| Upside Target | 19.59 |
| Upside Target | 19.93 |
| Upside Target | 20.17 |
| Upside Target | 20.70 |
| Upside Target | 21.52 |
| 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 | 17.25 |
| Downside Intraday Target | 16.88 |
| Upside Intraday Target | 18.25 |
| Upside Intraday Target | 18.88 |
| Upside Intraday Target | 17.88 |
Weekly technical analysis of Ardmore Shipping (ASC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 17.63 | 18.44 | 18.50 | 17.50 | 3.177 times |
| 30 Fri Aug 2024 | 18.88 | 18.66 | 18.96 | 18.57 | 0.194 times |
| 30 Fri Aug 2024 | 18.88 | 18.93 | 19.24 | 18.57 | 0.829 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Ardmore Shipping (ASC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 17.63 | 18.44 | 18.50 | 17.50 | 0.111 times |
| 30 Fri Aug 2024 | 18.88 | 21.41 | 21.52 | 18.21 | 0.801 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 |
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 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 short 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Ardmore Shipping in short term and the sell signal is strong.
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 SELL signal for Ardmore Shipping in short term and SELL signal is strong!
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
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 18.53 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 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 short 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Ardmore Shipping in short term and the sell signal is strong.
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 SELL signal for Ardmore Shipping in short term and SELL signal is strong!
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
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 18.53 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.