(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 2024-11-25 View latest technical analysis
10 day averaged volume of Ardmore Shipping is 1103190
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Mon Nov 2024 | 11.84 | 11.77 | 11.87 | 11.59 | 0.874 times |
| 22 Fri Nov 2024 | 11.85 | 11.81 | 12.04 | 11.72 | 1.013 times |
| 21 Thu Nov 2024 | 11.89 | 12.16 | 12.29 | 11.62 | 1.159 times |
| 20 Wed Nov 2024 | 12.32 | 12.52 | 12.64 | 12.13 | 0.97 times |
| 19 Tue Nov 2024 | 12.36 | 11.94 | 12.46 | 11.87 | 0.848 times |
| 18 Mon Nov 2024 | 11.94 | 11.75 | 12.05 | 11.75 | 0.798 times |
| 15 Fri Nov 2024 | 11.77 | 12.07 | 12.14 | 11.59 | 0.885 times |
| 14 Thu Nov 2024 | 11.95 | 12.01 | 12.23 | 11.92 | 0.928 times |
| 13 Wed Nov 2024 | 11.94 | 11.99 | 12.22 | 11.91 | 0.791 times |
| 12 Tue Nov 2024 | 11.98 | 12.15 | 12.16 | 11.85 | 0.999 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 11.8 as stoploss in an intra day buy trade for a target of 12.72. However, stock will show a bearish move below 11.8.
Share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Target | 11.59 |
| Upside Target | 11.87 |
| Upside Target | 12.35 |
| Upside Target | 12.64 |
| Upside Target | 13.85 |
| Upside Target | 14.36 |
| Upside Target | 16.62 |
| Upside Target | 18.21 |
| Upside Target | 18.50 |
| 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 | 11.66 |
| Downside Intraday Target | 11.49 |
| Upside Intraday Target | 11.94 |
| Upside Intraday Target | 12.05 |
| Downside Intraday Target | 11.77 |
Weekly technical analysis of Ardmore Shipping (ASC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Mon Nov 2024 | 11.84 | 11.77 | 11.87 | 11.59 | 0.183 times |
| 22 Fri Nov 2024 | 11.85 | 11.75 | 12.64 | 11.62 | 0.919 times |
| 15 Fri Nov 2024 | 11.77 | 12.10 | 12.35 | 11.59 | 0.877 times |
| 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 |
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 |
| 25 Mon Nov 2024 | 11.84 | 14.20 | 14.36 | 11.59 | 1.943 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, and volume has increased substantially. This means that the move can 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 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 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 BUY signal for Ardmore Shipping in short term but the buy signal is initial and weak.
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 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 but selling is losing 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 11.98 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 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 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 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 BUY signal for Ardmore Shipping in short term but the buy signal is initial and weak.
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 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 but selling is losing 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 11.98 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.