(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.
10 day averaged volume of Ardmore Shipping is 1003323
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 22.36 | 22.61 | 22.62 | 21.86 | 0.862 times |
| 16 Thu May 2024 | 22.56 | 22.22 | 22.64 | 22.11 | 0.704 times |
| 15 Wed May 2024 | 22.29 | 21.98 | 22.38 | 21.55 | 1.061 times |
| 14 Tue May 2024 | 21.93 | 21.24 | 21.96 | 20.97 | 1.205 times |
| 13 Mon May 2024 | 21.12 | 20.62 | 21.30 | 20.55 | 1.192 times |
| 10 Fri May 2024 | 20.37 | 20.63 | 20.73 | 20.26 | 0.812 times |
| 09 Thu May 2024 | 20.43 | 20.15 | 20.46 | 20.00 | 1.287 times |
| 08 Wed May 2024 | 20.34 | 17.93 | 20.52 | 17.87 | 2.288 times |
| 07 Tue May 2024 | 17.60 | 17.62 | 17.82 | 17.52 | 0.477 times |
| 06 Mon May 2024 | 17.65 | 17.55 | 17.84 | 17.49 | 0.537 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 21, but if it comes below 21, then a intra day sell could be more profitable.
If you take a sell trade below 21, then use 21 as stoploss and 18.7 as target. However if you take a buy trade in stock , then use 21 as stoploss and 23.8 as target.
Share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Target | 14.24 |
| Downside Target | 15.05 |
| Downside Target | 15.44 |
| Downside Target | 16.17 |
| Downside Target | 16.56 |
| Downside Target | 17.17 |
| Downside Target | 17.48 |
| Downside Target | 17.49 |
| Downside Target | 20.55 |
| Downside Target | 20.73 |
| Upside Target | 22.64 |
Intraday share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Intraday Target | 21.06 |
| Downside Intraday Target | 19.76 |
| Upside Intraday Target | 23.15 |
| Upside Intraday Target | 23.94 |
| Downside Intraday Target | 21.85 |
Weekly technical analysis of Ardmore Shipping (ASC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 22.36 | 20.62 | 22.64 | 20.55 | 0.93 times |
| 10 Fri May 2024 | 20.37 | 17.55 | 20.73 | 17.49 | 2.553 times |
| 03 Fri May 2024 | 17.42 | 16.86 | 17.48 | 16.56 | 1.049 times |
| 26 Fri Apr 2024 | 16.89 | 15.90 | 16.99 | 15.70 | 0.95 times |
| 19 Fri Apr 2024 | 15.88 | 15.90 | 16.17 | 15.51 | 0.653 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 |
| 17 Fri May 2024 | 22.36 | 16.63 | 22.64 | 16.56 | 1.06 times |
| 30 Tue Apr 2024 | 16.75 | 16.42 | 17.17 | 15.44 | 1.057 times |
| 28 Thu Mar 2024 | 16.42 | 16.24 | 17.02 | 15.48 | 0.739 times |
| 29 Thu Feb 2024 | 16.23 | 16.70 | 16.77 | 15.05 | 0.819 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Ardmore Shipping stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Ardmore Shipping in short term and the buy signal is strong.
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 green color and prices are above the green 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 BUY signal in short term but buying is losing 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 20.88 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 positive
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Ardmore Shipping stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Ardmore Shipping in short term and the buy signal is strong.
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 green color and prices are above the green 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 BUY signal in short term but buying is losing 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 20.88 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.