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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 2024-11-22 View latest technical analysis

10 day averaged volume of Ardmore Shipping is 1206090

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	11.85	11.81	12.04	11.72	0.927 times
21 Thu Nov 2024	11.89	12.16	12.29	11.62	1.06 times
20 Wed Nov 2024	12.32	12.52	12.64	12.13	0.888 times
19 Tue Nov 2024	12.36	11.94	12.46	11.87	0.776 times
18 Mon Nov 2024	11.94	11.75	12.05	11.75	0.73 times
15 Fri Nov 2024	11.77	12.07	12.14	11.59	0.809 times
14 Thu Nov 2024	11.95	12.01	12.23	11.92	0.849 times
13 Wed Nov 2024	11.94	11.99	12.22	11.91	0.723 times
12 Tue Nov 2024	11.98	12.15	12.16	11.85	0.914 times
11 Mon Nov 2024	12.25	12.10	12.35	11.92	1.472 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.9, but if it comes above 11.9, then a intra day buy could be more profitable.
If you take a sell trade below 11.9, then use 11.9 as stoploss and 10.7 as target. However if you take a buy trade in stock , then use 11.9 as stoploss and 12.85 as target.

Share price targets for Ardmore Shipping (ASC)

Target Type	Value
Downside Target	11.59
Upside Target	12.07
Upside Target	12.35
Upside Target	12.64
Upside Target	13.85
Upside Target	14.36
Upside Target	16.62
Upside Target	18.21
Upside Target	18.50
Upside Target	18.79
Upside Target	19.59
Upside Target	21.52
Upside Target	22.72

Intraday share price targets for Ardmore Shipping (ASC)

Target Type	Value
Downside Intraday Target	11.43
Downside Intraday Target	11.02
Upside Intraday Target	12.45
Upside Intraday Target	13.06
Upside Intraday Target	12.04

Weekly technical analysis of Ardmore Shipping (ASC)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	11.85	11.75	12.64	11.62	0.919 times
15 Fri Nov 2024	11.77	12.10	12.35	11.59	0.877 times
08 Fri Nov 2024	12.15	13.94	14.00	12.07	2.284 times
01 Fri Nov 2024	14.04	14.60	14.60	13.85	1.039 times
25 Fri Oct 2024	14.80	16.75	16.83	14.78	1.482 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
22 Fri Nov 2024	11.85	14.20	14.36	11.59	1.845 times
31 Thu Oct 2024	14.11	17.95	18.79	13.85	1.014 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 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 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

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 12.04 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.