(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 2024-10-11 View latest technical analysis
10 day averaged volume of Ardmore Shipping is 405840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 17.67 | 17.50 | 17.71 | 17.33 | 0.659 times |
| 10 Thu Oct 2024 | 17.55 | 17.60 | 17.72 | 17.48 | 0.519 times |
| 09 Wed Oct 2024 | 17.59 | 17.95 | 18.00 | 17.58 | 0.689 times |
| 08 Tue Oct 2024 | 18.05 | 18.27 | 18.27 | 17.78 | 0.685 times |
| 07 Mon Oct 2024 | 18.41 | 18.39 | 18.72 | 18.32 | 0.627 times |
| 04 Fri Oct 2024 | 18.32 | 18.70 | 18.79 | 18.24 | 0.923 times |
| 03 Thu Oct 2024 | 18.59 | 18.31 | 18.60 | 18.26 | 0.996 times |
| 02 Wed Oct 2024 | 18.33 | 18.34 | 18.47 | 18.08 | 0.816 times |
| 01 Tue Oct 2024 | 18.09 | 17.95 | 18.34 | 17.72 | 1.197 times |
| 30 Mon Sep 2024 | 18.10 | 17.92 | 18.10 | 17.52 | 1.769 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 17.6 as stoploss in an intra day buy trade for a target of 17.9. However, stock will show a bearish move below 17.6.
Share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Target | 16.62 |
| Downside Target | 17.31 |
| Upside Target | 18.50 |
| Upside Target | 18.72 |
| Upside Target | 18.79 |
| Upside Target | 19.59 |
| Upside Target | 20.70 |
| Upside Target | 21.52 |
| Upside Target | 22.72 |
| Upside Target | 23.16 |
Intraday share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Intraday Target | 17.09 |
| Downside Intraday Target | 16.52 |
| Upside Intraday Target | 18.48 |
| Upside Intraday Target | 19.3 |
| Upside Intraday Target | 17.91 |
Weekly technical analysis of Ardmore Shipping (ASC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 17.67 | 18.39 | 18.72 | 17.33 | 0.558 times |
| 04 Fri Oct 2024 | 18.32 | 17.92 | 18.79 | 17.52 | 0.903 times |
| 27 Fri Sep 2024 | 17.96 | 17.51 | 18.10 | 17.31 | 1.106 times |
| 20 Fri Sep 2024 | 17.49 | 17.62 | 17.98 | 17.37 | 1.205 times |
| 13 Fri Sep 2024 | 17.44 | 17.25 | 17.76 | 16.62 | 0.882 times |
Price has moved down 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 |
| 11 Fri Oct 2024 | 17.67 | 17.95 | 18.79 | 17.33 | 0.297 times |
| 30 Mon Sep 2024 | 18.10 | 18.44 | 18.50 | 16.62 | 0.793 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 18.11 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 18.11 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.