(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 2024-08-09 View latest technical analysis
10 day averaged volume of Ardmore Shipping is 711190
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 19.32 | 19.50 | 19.50 | 19.24 | 0.486 times |
| 08 Thu Aug 2024 | 19.50 | 19.26 | 19.68 | 19.15 | 0.621 times |
| 07 Wed Aug 2024 | 19.17 | 20.00 | 20.00 | 19.00 | 0.768 times |
| 06 Tue Aug 2024 | 19.67 | 19.33 | 19.73 | 18.81 | 0.971 times |
| 05 Mon Aug 2024 | 19.28 | 18.50 | 19.35 | 18.21 | 1.405 times |
| 02 Fri Aug 2024 | 19.84 | 20.20 | 20.21 | 19.63 | 1.023 times |
| 01 Thu Aug 2024 | 20.79 | 21.41 | 21.52 | 20.55 | 1.219 times |
| 31 Wed Jul 2024 | 21.68 | 22.09 | 22.70 | 21.37 | 1.653 times |
| 30 Tue Jul 2024 | 20.92 | 20.78 | 21.06 | 20.78 | 0.824 times |
| 29 Mon Jul 2024 | 20.90 | 20.80 | 21.08 | 20.62 | 0.757 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.6, but if it comes above 19.6, then a intra day buy could be more profitable.
If you take a sell trade below 19.6, then use 19.6 as stoploss and 18.8 as target. However if you take a buy trade in stock , then use 19.6 as stoploss and 20.34 as target.
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 | 19.59 |
| 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 | 18.35 |
| Downside Intraday Target | 17.39 |
| Upside Intraday Target | 20.14 |
| Upside Intraday Target | 20.97 |
| Downside Intraday Target | 19.18 |
Weekly technical analysis of Ardmore Shipping (ASC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 19.32 | 18.50 | 20.00 | 18.21 | 0.776 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 |
| 09 Fri Aug 2024 | 19.32 | 21.41 | 21.52 | 18.21 | 0.303 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 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 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 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 Weak and stock is losing 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 but selling 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 20.25 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 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 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 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 Weak and stock is losing 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 but selling 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 20.25 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.