(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 2024-08-05 View latest technical analysis
10 day averaged volume of Ardmore Shipping is 726938
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 19.28 | 18.50 | 19.35 | 18.21 | 1.375 times |
| 02 Fri Aug 2024 | 19.84 | 20.20 | 20.21 | 19.63 | 1.001 times |
| 01 Thu Aug 2024 | 20.79 | 21.41 | 21.52 | 20.55 | 1.192 times |
| 31 Wed Jul 2024 | 21.68 | 22.09 | 22.70 | 21.37 | 1.617 times |
| 30 Tue Jul 2024 | 20.92 | 20.78 | 21.06 | 20.78 | 0.806 times |
| 29 Mon Jul 2024 | 20.90 | 20.80 | 21.08 | 20.62 | 0.74 times |
| 26 Fri Jul 2024 | 20.53 | 20.98 | 20.98 | 20.33 | 0.743 times |
| 25 Thu Jul 2024 | 20.81 | 20.75 | 20.93 | 20.41 | 1.723 times |
| 24 Wed Jul 2024 | 20.77 | 21.42 | 21.50 | 20.73 | 0.695 times |
| 23 Tue Jul 2024 | 21.30 | 21.28 | 21.38 | 21.03 | 0.601 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 19.1, for a target of 19.8 or 20.44
Share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Target | 15.44 |
| Downside Target | 16.56 |
| Downside Target | 17.17 |
| Downside Target | 18.21 |
| Upside Target | 19.35 |
| Upside Target | 20.30 |
| Upside Target | 20.81 |
| Upside Target | 21.50 |
| Upside Target | 21.52 |
| 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 | 18.54 |
| Downside Intraday Target | 17.81 |
| Upside Intraday Target | 19.68 |
| Upside Intraday Target | 20.09 |
| Downside Intraday Target | 18.95 |
Weekly technical analysis of Ardmore Shipping (ASC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 19.28 | 18.50 | 19.35 | 18.21 | 0.257 times |
| 02 Fri Aug 2024 | 19.84 | 20.80 | 22.70 | 19.63 | 1.153 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 |
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 |
| 05 Mon Aug 2024 | 19.28 | 21.41 | 21.52 | 18.21 | 0.17 times |
| 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ardmore Shipping ( (ASC) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 20.67 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ardmore Shipping ( (ASC) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 20.67 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.