(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 2024-06-18 View latest technical analysis
10 day averaged volume of Ardmore Shipping is 691410
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Tue Jun 2024 | 21.32 | 20.96 | 21.39 | 20.81 | 0.842 times |
| 18 Tue Jun 2024 | 21.32 | 20.96 | 21.39 | 20.81 | 0.842 times |
| 17 Mon Jun 2024 | 20.98 | 20.75 | 21.15 | 20.70 | 1.249 times |
| 14 Fri Jun 2024 | 20.79 | 21.28 | 21.30 | 20.75 | 1.262 times |
| 13 Thu Jun 2024 | 21.50 | 22.01 | 22.06 | 21.27 | 1.306 times |
| 12 Wed Jun 2024 | 22.26 | 22.15 | 22.61 | 21.81 | 1.044 times |
| 11 Tue Jun 2024 | 22.02 | 21.92 | 22.11 | 21.53 | 1.086 times |
| 10 Mon Jun 2024 | 22.53 | 22.19 | 22.65 | 22.07 | 0.892 times |
| 07 Fri Jun 2024 | 22.07 | 22.48 | 22.55 | 22.01 | 0.535 times |
| 06 Thu Jun 2024 | 22.47 | 22.69 | 22.83 | 22.25 | 0.569 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 21.5, but if it comes above 21.5, then a intra day buy could be more profitable.
If you take a sell trade below 21.5, then use 21.5 as stoploss and 20.7 as target. However if you take a buy trade in stock , then use 21.5 as stoploss and 22.18 as target.
Share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Target | 15.05 |
| Downside Target | 15.44 |
| Downside Target | 16.56 |
| Downside Target | 20.70 |
| Upside Target | 21.39 |
| Upside Target | 21.96 |
| Upside Target | 22.24 |
| 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 | 20.96 |
| Downside Intraday Target | 20.59 |
| Upside Intraday Target | 21.54 |
| Upside Intraday Target | 21.75 |
| Downside Intraday Target | 21.17 |
Weekly technical analysis of Ardmore Shipping (ASC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Tue Jun 2024 | 21.32 | 20.96 | 21.39 | 20.81 | 0.403 times |
| 18 Tue Jun 2024 | 21.32 | 20.75 | 21.39 | 20.70 | 0.374 times |
| 14 Fri Jun 2024 | 20.79 | 22.19 | 22.65 | 20.75 | 1.048 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 |
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 |
| 18 Tue Jun 2024 | 21.32 | 22.95 | 23.15 | 20.70 | 0.501 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 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 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 SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down
CCI has generated a SELL signal for Ardmore Shipping in short term
RSI is generating a BUY signal in short term but buying is losing 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 21.63 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 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 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 SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down
CCI has generated a SELL signal for Ardmore Shipping in short term
RSI is generating a BUY signal in short term but buying is losing 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 21.63 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.