(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 2024-05-31 View latest technical analysis
10 day averaged volume of Ardmore Shipping is 834083
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 22.41 | 22.70 | 22.92 | 22.24 | 0.717 times |
| 30 Thu May 2024 | 23.00 | 22.72 | 23.19 | 22.63 | 0.851 times |
| 29 Wed May 2024 | 22.59 | 22.79 | 22.82 | 22.52 | 0.677 times |
| 28 Tue May 2024 | 22.85 | 23.03 | 23.14 | 22.59 | 0.733 times |
| 24 Fri May 2024 | 22.98 | 22.45 | 22.99 | 22.36 | 0.872 times |
| 23 Thu May 2024 | 22.25 | 22.71 | 22.71 | 22.09 | 1.523 times |
| 22 Wed May 2024 | 22.99 | 23.30 | 23.35 | 22.73 | 0.957 times |
| 21 Tue May 2024 | 23.38 | 22.71 | 23.44 | 22.67 | 1.504 times |
| 20 Mon May 2024 | 22.67 | 22.40 | 22.81 | 22.36 | 0.998 times |
| 17 Fri May 2024 | 22.36 | 22.61 | 22.62 | 21.86 | 1.037 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 23.3 as stoploss in an intra day sell trade for a target of 21.46. However, stock will show a bullish move above 23.3.
Share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Target | 14.24 |
| Downside Target | 15.05 |
| Downside Target | 15.44 |
| Downside Target | 16.56 |
| Downside Target | 20.55 |
| Downside Target | 20.73 |
| Downside Target | 22.09 |
| Downside Target | 22.24 |
| Upside Target | 22.64 |
| Upside Target | 23.19 |
| Upside Target | 23.44 |
Intraday share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Intraday Target | 22.04 |
| Downside Intraday Target | 21.66 |
| Upside Intraday Target | 22.99 |
| Upside Intraday Target | 23.56 |
| Upside Intraday Target | 22.61 |
Weekly technical analysis of Ardmore Shipping (ASC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 22.41 | 23.03 | 23.19 | 22.24 | 0.509 times |
| 24 Fri May 2024 | 22.98 | 22.40 | 23.44 | 22.09 | 0.969 times |
| 17 Fri May 2024 | 22.36 | 20.62 | 22.64 | 20.55 | 0.93 times |
| 10 Fri May 2024 | 20.37 | 17.55 | 20.73 | 17.49 | 2.553 times |
| 03 Fri May 2024 | 17.42 | 16.86 | 17.48 | 16.56 | 1.049 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 |
| 31 Fri May 2024 | 22.41 | 16.63 | 23.44 | 16.56 | 1.724 times |
| 30 Tue Apr 2024 | 16.75 | 16.42 | 17.17 | 15.44 | 1.057 times |
| 28 Thu Mar 2024 | 16.42 | 16.24 | 17.02 | 15.48 | 0.739 times |
| 29 Thu Feb 2024 | 16.23 | 16.70 | 16.77 | 15.05 | 0.819 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 mid to longer 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.
ADX buy sell signal for Ardmore Shipping stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Ardmore Shipping in short term but the sell signal is initial and weak.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Ardmore Shipping in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 22.76 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 positive
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 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 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 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 mid to longer 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.
ADX buy sell signal for Ardmore Shipping stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Ardmore Shipping in short term but the sell signal is initial and weak.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Ardmore Shipping in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 22.76 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.