(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 2024-03-07 View latest technical analysis
10 day averaged volume of Ardmore Shipping is 524600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 15.88 | 15.86 | 15.95 | 15.81 | 0.872 times |
| 06 Wed Mar 2024 | 15.86 | 15.99 | 16.09 | 15.72 | 0.964 times |
| 05 Tue Mar 2024 | 15.84 | 15.63 | 16.04 | 15.55 | 1.201 times |
| 04 Mon Mar 2024 | 15.57 | 16.30 | 16.36 | 15.57 | 1.163 times |
| 01 Fri Mar 2024 | 16.25 | 16.24 | 16.48 | 16.23 | 0.779 times |
| 29 Thu Feb 2024 | 16.23 | 16.11 | 16.35 | 16.09 | 0.878 times |
| 28 Wed Feb 2024 | 16.02 | 16.00 | 16.25 | 15.96 | 0.754 times |
| 27 Tue Feb 2024 | 16.14 | 16.16 | 16.34 | 15.95 | 1.042 times |
| 26 Mon Feb 2024 | 16.10 | 15.88 | 16.13 | 15.83 | 1.037 times |
| 23 Fri Feb 2024 | 15.90 | 16.18 | 16.18 | 15.90 | 0.977 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 15.6 as target. However if you take a buy trade in stock , then use 15.9 as stoploss and 16.1 as target.
Share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Target | 12.69 |
| Downside Target | 13.15 |
| Downside Target | 14.15 |
| Downside Target | 15.05 |
| Downside Target | 15.55 |
| Upside Target | 16.36 |
| Upside Target | 16.47 |
| Upside Target | 16.48 |
| Upside Target | 16.52 |
| Upside Target | 16.65 |
| Upside Target | 16.77 |
| Upside Target | 16.88 |
Intraday share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Intraday Target | 15.5 |
| Downside Intraday Target | 15.12 |
| Upside Intraday Target | 16.31 |
| Upside Intraday Target | 16.74 |
| Upside Intraday Target | 15.93 |
Weekly technical analysis of Ardmore Shipping (ASC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 15.88 | 16.30 | 16.36 | 15.55 | 0.936 times |
| 01 Fri Mar 2024 | 16.25 | 15.88 | 16.48 | 15.83 | 0.94 times |
| 23 Fri Feb 2024 | 15.90 | 16.35 | 16.47 | 15.80 | 0.56 times |
| 16 Fri Feb 2024 | 16.35 | 16.05 | 16.65 | 15.05 | 1.366 times |
| 09 Fri Feb 2024 | 16.00 | 16.16 | 16.52 | 15.80 | 0.759 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 |
| 07 Thu Mar 2024 | 15.88 | 16.24 | 16.48 | 15.55 | 0.184 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 |
| 29 Fri Dec 2023 | 14.09 | 13.66 | 15.17 | 13.15 | 1.117 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 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 short 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 short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Ardmore Shipping in short term but the sell signal is initial and weak.
Ardmore Shipping Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 and selling is picking up 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 15.96 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.
Price action analysis of Ardmore Shipping ( (ASC) ) based on a short 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 short 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 short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Ardmore Shipping in short term but the sell signal is initial and weak.
Ardmore Shipping Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 and selling is picking up 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 15.96 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.