(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 572990
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 15.86 | 15.96 | 16.17 | 15.73 | 0.671 times |
| 16 Tue Apr 2024 | 15.91 | 15.72 | 15.97 | 15.51 | 0.624 times |
| 15 Mon Apr 2024 | 15.79 | 15.90 | 16.11 | 15.67 | 0.739 times |
| 12 Fri Apr 2024 | 15.88 | 16.37 | 16.42 | 15.81 | 0.745 times |
| 11 Thu Apr 2024 | 16.28 | 15.77 | 16.39 | 15.77 | 1.052 times |
| 10 Wed Apr 2024 | 15.64 | 15.83 | 15.93 | 15.57 | 1.15 times |
| 09 Tue Apr 2024 | 15.73 | 16.49 | 16.50 | 15.44 | 1.86 times |
| 08 Mon Apr 2024 | 16.49 | 16.68 | 16.69 | 16.26 | 0.879 times |
| 05 Fri Apr 2024 | 16.70 | 16.78 | 16.88 | 16.62 | 0.554 times |
| 04 Thu Apr 2024 | 16.69 | 16.96 | 17.02 | 16.53 | 1.199 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 15.9, but if it comes above 15.9, then a intra day buy could be more profitable.
If you take a sell trade below 15.9, then use 15.9 as stoploss and 15.5 as target. However if you take a buy trade in stock , then use 15.9 as stoploss and 16.3 as target.
Share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Target | 13.15 |
| Downside Target | 14.24 |
| Downside Target | 15.05 |
| Upside Target | 16.01 |
| Upside Target | 16.57 |
| Upside Target | 16.69 |
| Upside Target | 16.74 |
| Upside Target | 16.77 |
| Upside Target | 16.88 |
| Upside Target | 17.02 |
| Upside Target | 17.05 |
Intraday share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Intraday Target | 15.52 |
| Downside Intraday Target | 15.19 |
| Upside Intraday Target | 16.18 |
| Upside Intraday Target | 16.51 |
| Downside Intraday Target | 15.85 |
Weekly technical analysis of Ardmore Shipping (ASC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 15.86 | 15.90 | 16.17 | 15.51 | 0.358 times |
| 12 Fri Apr 2024 | 15.88 | 16.68 | 16.69 | 15.44 | 1.144 times |
| 05 Fri Apr 2024 | 16.70 | 16.42 | 17.05 | 16.40 | 1.831 times |
| 28 Thu Mar 2024 | 16.42 | 16.45 | 16.57 | 16.09 | 0.801 times |
| 22 Fri Mar 2024 | 16.35 | 16.56 | 16.74 | 16.01 | 0.519 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 |
| 17 Wed Apr 2024 | 15.86 | 16.42 | 17.05 | 15.44 | 0.693 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 |
| 31 Wed Jan 2024 | 16.57 | 14.43 | 16.88 | 14.24 | 1.182 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Ardmore Shipping in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 16.07 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Ardmore Shipping in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 16.07 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.