(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 2024-09-20 View latest technical analysis
10 day averaged volume of Ardmore Shipping is 391150
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 17.49 | 17.71 | 17.76 | 17.37 | 1.852 times |
| 19 Thu Sep 2024 | 17.96 | 17.95 | 17.98 | 17.57 | 1.508 times |
| 18 Wed Sep 2024 | 17.60 | 17.76 | 17.91 | 17.56 | 0.875 times |
| 17 Tue Sep 2024 | 17.69 | 17.85 | 17.85 | 17.50 | 0.942 times |
| 16 Mon Sep 2024 | 17.67 | 17.62 | 17.85 | 17.54 | 0.745 times |
| 13 Fri Sep 2024 | 17.44 | 17.50 | 17.76 | 17.34 | 0.737 times |
| 12 Thu Sep 2024 | 17.39 | 17.18 | 17.68 | 17.14 | 1.081 times |
| 11 Wed Sep 2024 | 16.98 | 16.82 | 17.06 | 16.82 | 0.853 times |
| 10 Tue Sep 2024 | 16.83 | 17.17 | 17.25 | 16.62 | 0.951 times |
| 09 Mon Sep 2024 | 17.15 | 17.25 | 17.39 | 16.97 | 1.293 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 17.1 as stoploss in an intra day buy trade for a target of 17.89. However, stock will show a bearish move below 17.1.
Share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Target | 16.56 |
| Downside Target | 17.11 |
| Upside Target | 17.76 |
| Upside Target | 18.96 |
| Upside Target | 19.24 |
| Upside Target | 19.59 |
| Upside Target | 20.70 |
| Upside Target | 21.52 |
| 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 | 17.25 |
| Downside Intraday Target | 17 |
| Upside Intraday Target | 17.86 |
| Upside Intraday Target | 18.22 |
| Upside Intraday Target | 17.61 |
Weekly technical analysis of Ardmore Shipping (ASC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 17.49 | 17.62 | 17.98 | 17.37 | 1.205 times |
| 13 Fri Sep 2024 | 17.44 | 17.25 | 17.76 | 16.62 | 0.882 times |
| 06 Fri Sep 2024 | 17.22 | 18.44 | 18.50 | 17.11 | 5.098 times |
| 30 Fri Aug 2024 | 18.88 | 18.66 | 18.96 | 18.57 | 0.194 times |
| 30 Fri Aug 2024 | 18.88 | 18.93 | 19.24 | 18.57 | 0.829 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 |
| 20 Fri Sep 2024 | 17.49 | 18.44 | 18.50 | 16.62 | 0.525 times |
| 30 Fri Aug 2024 | 18.88 | 21.41 | 21.52 | 18.21 | 0.801 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 |
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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
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 17.44 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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
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 17.44 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.