(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 2024-07-18 View latest technical analysis
10 day averaged volume of Ardmore Shipping is 717270
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Jul 2024 | 20.23 | 20.16 | 20.28 | 19.61 | 0.822 times |
| 17 Wed Jul 2024 | 20.08 | 20.30 | 20.35 | 19.83 | 0.864 times |
| 16 Tue Jul 2024 | 20.40 | 20.10 | 20.46 | 19.99 | 0.62 times |
| 15 Mon Jul 2024 | 20.06 | 19.76 | 20.21 | 19.72 | 0.994 times |
| 12 Fri Jul 2024 | 19.61 | 20.03 | 20.10 | 19.59 | 0.828 times |
| 11 Thu Jul 2024 | 19.94 | 20.29 | 20.30 | 19.73 | 0.822 times |
| 10 Wed Jul 2024 | 20.27 | 20.07 | 20.46 | 19.91 | 0.796 times |
| 09 Tue Jul 2024 | 20.00 | 20.28 | 20.56 | 19.96 | 1.623 times |
| 08 Mon Jul 2024 | 20.39 | 20.70 | 20.81 | 19.69 | 2.306 times |
| 05 Fri Jul 2024 | 21.49 | 22.08 | 22.11 | 21.43 | 0.723 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 20.2 as stoploss in an intra day buy trade for a target of 21.35. However, stock will show a bearish move below 20.2.
Share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Target | 15.44 |
| Downside Target | 16.56 |
| Downside Target | 17.02 |
| Downside Target | 19.59 |
| Upside Target | 20.46 |
| Upside Target | 21.43 |
| Upside Target | 21.93 |
| 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 | 19.74 |
| Downside Intraday Target | 19.25 |
| Upside Intraday Target | 20.59 |
| Upside Intraday Target | 20.95 |
| Downside Intraday Target | 20.1 |
Weekly technical analysis of Ardmore Shipping (ASC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Jul 2024 | 20.23 | 19.76 | 20.46 | 19.61 | 0.517 times |
| 12 Fri Jul 2024 | 19.61 | 20.70 | 20.81 | 19.59 | 5.556 times |
| 05 Fri Jul 2024 | 21.49 | 22.58 | 22.72 | 21.43 | 0.565 times |
| 03 Wed Jul 2024 | 22.20 | 22.51 | 22.72 | 21.94 | 0.472 times |
| 28 Fri Jun 2024 | 22.53 | 22.35 | 23.16 | 21.93 | 1.524 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 |
| 18 Thu Jul 2024 | 20.23 | 22.51 | 22.72 | 19.59 | 0.653 times |
| 28 Fri Jun 2024 | 22.53 | 22.95 | 23.16 | 20.70 | 0.739 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 |
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 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 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 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 weakening, and bulls are picking up momentum!
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
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 20.23 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 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 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 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 weakening, and bulls are picking up momentum!
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
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 20.23 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.