(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 422990
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 20.34 | 17.93 | 20.52 | 17.87 | 5.428 times |
| 07 Tue May 2024 | 17.60 | 17.62 | 17.82 | 17.52 | 1.132 times |
| 06 Mon May 2024 | 17.65 | 17.55 | 17.84 | 17.49 | 1.274 times |
| 03 Fri May 2024 | 17.42 | 17.26 | 17.48 | 17.07 | 1.035 times |
| 02 Thu May 2024 | 17.27 | 16.73 | 17.33 | 16.73 | 1.175 times |
| 01 Wed May 2024 | 16.68 | 16.63 | 16.89 | 16.56 | 0.839 times |
| 30 Tue Apr 2024 | 16.75 | 17.07 | 17.17 | 16.75 | 1.041 times |
| 29 Mon Apr 2024 | 17.01 | 16.86 | 17.04 | 16.78 | 0.929 times |
| 26 Fri Apr 2024 | 16.89 | 16.63 | 16.99 | 16.62 | 0.948 times |
| 25 Thu Apr 2024 | 16.62 | 16.28 | 16.62 | 16.18 | 0.836 times |
Stock of Ardmore Shipping (ASC) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 19, for a target of 17.7 or 16.71
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 | 16.99 |
| Downside Target | 17.02 |
| Downside Target | 17.17 |
| Downside Target | 17.48 |
| Downside Target | 17.49 |
| Upside Target | 20.52 |
Intraday share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Intraday Target | 18.38 |
| Downside Intraday Target | 16.42 |
| Upside Intraday Target | 21.41 |
| Upside Intraday Target | 22.48 |
| Downside Intraday Target | 19.45 |
Weekly technical analysis of Ardmore Shipping (ASC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 20.34 | 17.55 | 20.52 | 17.49 | 1.561 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 |
| 12 Fri Apr 2024 | 15.88 | 16.68 | 16.69 | 15.44 | 1.144 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Ardmore Shipping (ASC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 20.34 | 16.63 | 20.52 | 16.56 | 0.415 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 gaining 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 moving up
CCI has generated a buy signal for Ardmore Shipping in short term and BUY signal is strong.
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
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 18.33 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 gaining 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 moving up
CCI has generated a buy signal for Ardmore Shipping in short term and BUY signal is strong.
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
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 18.33 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.