(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 2024-10-04 View latest technical analysis
10 day averaged volume of Ardmore Shipping is 522480
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Fri Oct 2024 | 18.32 | 18.70 | 18.79 | 18.24 | 0.717 times |
| 03 Thu Oct 2024 | 18.59 | 18.31 | 18.60 | 18.26 | 0.773 times |
| 02 Wed Oct 2024 | 18.33 | 18.34 | 18.47 | 18.08 | 0.634 times |
| 01 Tue Oct 2024 | 18.09 | 17.95 | 18.34 | 17.72 | 0.929 times |
| 30 Mon Sep 2024 | 18.10 | 17.92 | 18.10 | 17.52 | 1.374 times |
| 27 Fri Sep 2024 | 17.96 | 17.76 | 18.09 | 17.75 | 1.384 times |
| 26 Thu Sep 2024 | 18.06 | 17.67 | 18.10 | 17.64 | 0.696 times |
| 25 Wed Sep 2024 | 17.51 | 17.78 | 17.94 | 17.45 | 0.758 times |
| 24 Tue Sep 2024 | 17.96 | 17.60 | 18.02 | 17.42 | 1.421 times |
| 23 Mon Sep 2024 | 17.33 | 17.51 | 17.75 | 17.31 | 0.644 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 18.2, but if it comes below 18.2, then a intra day sell could be more profitable.
If you take a sell trade below 18.2, then use 18.2 as stoploss and 17.72 as target. However if you take a buy trade in stock , then use 18.2 as stoploss and 18.7 as target.
Share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Target | 16.62 |
| Downside Target | 17.11 |
| Upside Target | 18.50 |
| Upside Target | 18.79 |
| Upside Target | 19.59 |
| Upside Target | 20.70 |
| Upside Target | 21.52 |
| Upside Target | 22.72 |
| Upside Target | 23.16 |
Intraday share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Intraday Target | 17.63 |
| Downside Intraday Target | 16.94 |
| Upside Intraday Target | 18.9 |
| Upside Intraday Target | 19.48 |
| Downside Intraday Target | 18.21 |
Weekly technical analysis of Ardmore Shipping (ASC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Fri Oct 2024 | 18.32 | 17.92 | 18.79 | 17.52 | 0.903 times |
| 27 Fri Sep 2024 | 17.96 | 17.51 | 18.10 | 17.31 | 1.106 times |
| 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 |
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 |
| 04 Fri Oct 2024 | 18.32 | 17.95 | 18.79 | 17.72 | 0.164 times |
| 30 Mon Sep 2024 | 18.10 | 18.44 | 18.50 | 16.62 | 0.793 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 |
Scroll below to view daily charts
Price has moved up 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 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 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 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 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 in or above 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 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 18.03 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 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 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 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 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 in or above 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 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 18.03 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.