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(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 2024-07-31 View latest technical analysis

10 day averaged volume of Ardmore Shipping is 606848

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	21.68	22.09	22.70	21.37	1.937 times
30 Tue Jul 2024	20.92	20.78	21.06	20.78	0.965 times
29 Mon Jul 2024	20.90	20.80	21.08	20.62	0.887 times
26 Fri Jul 2024	20.53	20.98	20.98	20.33	0.891 times
25 Thu Jul 2024	20.81	20.75	20.93	20.41	2.064 times
24 Wed Jul 2024	20.77	21.42	21.50	20.73	0.832 times
23 Tue Jul 2024	21.30	21.28	21.38	21.03	0.72 times
22 Mon Jul 2024	21.27	20.36	21.29	20.30	1.056 times
19 Fri Jul 2024	20.20	20.26	20.31	20.00	0.594 times
18 Thu Jul 2024	20.23	20.16	20.28	19.61	0.971 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 21.3, but if it comes below 21.3, then a intra day sell could be more profitable.
If you take a sell trade below 21.3, then use 21.3 as stoploss and 20.65 as target. However if you take a buy trade in stock , then use 21.3 as stoploss and 22.1 as target.

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
Downside Target	20.30
Downside Target	21.43
Downside Target	21.50
Upside Target	22.70
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	20.63
Downside Intraday Target	19.59
Upside Intraday Target	22.71
Upside Intraday Target	23.75
Downside Intraday Target	21.67

Weekly technical analysis of Ardmore Shipping (ASC)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	21.68	20.80	22.70	20.62	0.681 times
26 Fri Jul 2024	20.53	20.36	21.50	20.30	1.238 times
19 Fri Jul 2024	20.20	19.76	20.46	19.61	0.596 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

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
31 Wed Jul 2024	21.68	22.51	22.72	19.59	1.081 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Ardmore Shipping in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ardmore Shipping in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling 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 20.95 and Ardmore Shipping (ASC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.