(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 2024-11-08 View latest technical analysis
10 day averaged volume of Ardmore Shipping is 766830
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 12.15 | 12.75 | 12.80 | 12.07 | 2.8 times |
| 07 Thu Nov 2024 | 12.86 | 13.18 | 13.70 | 12.84 | 1.8 times |
| 06 Wed Nov 2024 | 13.21 | 13.50 | 13.71 | 13.05 | 1.805 times |
| 05 Tue Nov 2024 | 13.74 | 14.00 | 14.00 | 13.62 | 0.921 times |
| 04 Mon Nov 2024 | 13.91 | 13.94 | 13.98 | 13.67 | 1.224 times |
| 01 Fri Nov 2024 | 14.04 | 14.20 | 14.36 | 13.97 | 0.721 times |
| 31 Thu Oct 2024 | 14.11 | 14.13 | 14.40 | 13.96 | 0.597 times |
| 30 Wed Oct 2024 | 14.12 | 14.05 | 14.17 | 13.85 | 0.801 times |
| 29 Tue Oct 2024 | 14.16 | 14.40 | 14.41 | 14.02 | 0.727 times |
| 28 Mon Oct 2024 | 14.42 | 14.60 | 14.60 | 14.32 | 0.898 times |
Stock of Ardmore Shipping (ASC) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 11.7, for a target of 13.5 or 14.92
Share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Target | 12.07 |
| Upside Target | 13.85 |
| Upside Target | 14.36 |
| Upside Target | 16.46 |
| Upside Target | 17.33 |
| Upside Target | 18.21 |
| Upside Target | 18.50 |
| Upside Target | 18.72 |
| 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 | 11.48 |
| Downside Intraday Target | 10.81 |
| Upside Intraday Target | 13.41 |
| Upside Intraday Target | 14.67 |
| Upside Intraday Target | 12.74 |
Weekly technical analysis of Ardmore Shipping (ASC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 18 Fri Oct 2024 | 16.76 | 17.61 | 17.61 | 16.46 | 1.446 times |
| 11 Fri Oct 2024 | 17.67 | 18.39 | 18.72 | 17.33 | 0.558 times |
Price has moved down 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 Fri Nov 2024 | 12.15 | 14.20 | 14.36 | 12.07 | 0.723 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, 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 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 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 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 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 13.32 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 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 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 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 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 13.32 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.