(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 2024-06-12 View latest technical analysis
10 day averaged volume of Ardmore Shipping is 692840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 22.26 | 22.15 | 22.61 | 21.81 | 1.042 times |
| 11 Tue Jun 2024 | 22.02 | 21.92 | 22.11 | 21.53 | 1.084 times |
| 10 Mon Jun 2024 | 22.53 | 22.19 | 22.65 | 22.07 | 0.89 times |
| 07 Fri Jun 2024 | 22.07 | 22.48 | 22.55 | 22.01 | 0.534 times |
| 06 Thu Jun 2024 | 22.47 | 22.69 | 22.83 | 22.25 | 0.568 times |
| 05 Wed Jun 2024 | 22.83 | 22.11 | 22.88 | 22.11 | 1.211 times |
| 04 Tue Jun 2024 | 21.97 | 22.27 | 22.41 | 21.96 | 1.257 times |
| 03 Mon Jun 2024 | 22.51 | 22.95 | 23.15 | 22.34 | 1.753 times |
| 31 Fri May 2024 | 22.41 | 22.70 | 22.92 | 22.24 | 0.863 times |
| 30 Thu May 2024 | 23.00 | 22.72 | 23.19 | 22.63 | 1.024 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 22.2 as stoploss in an intra day buy trade for a target of 22.55. However, stock will show a bearish move below 22.2.
Share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Target | 15.05 |
| Downside Target | 15.44 |
| Downside Target | 16.56 |
| Downside Target | 20.55 |
| Downside Target | 21.53 |
| Downside Target | 21.96 |
| Upside Target | 22.64 |
| Upside Target | 22.65 |
| Upside Target | 23.15 |
| Upside Target | 23.19 |
| Upside Target | 23.44 |
Intraday share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Intraday Target | 21.64 |
| Downside Intraday Target | 21.03 |
| Upside Intraday Target | 22.76 |
| Upside Intraday Target | 23.27 |
| Downside Intraday Target | 22.15 |
Weekly technical analysis of Ardmore Shipping (ASC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 22.26 | 22.19 | 22.65 | 21.53 | 0.567 times |
| 07 Fri Jun 2024 | 22.07 | 22.95 | 23.15 | 21.96 | 1.485 times |
| 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 |
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 |
| 12 Wed Jun 2024 | 22.26 | 22.95 | 23.15 | 21.53 | 0.302 times |
| 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 |
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 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 Weak and stock is gaining 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green 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 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 22.42 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 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 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 Weak and stock is gaining 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green 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 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 22.42 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.