(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 2024-12-09 View latest technical analysis
10 day averaged volume of Ardmore Shipping is 765918
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 11.65 | 11.50 | 11.88 | 11.48 | 1.478 times |
| 05 Thu Dec 2024 | 11.28 | 11.23 | 11.33 | 11.23 | 0.046 times |
| 04 Wed Dec 2024 | 11.45 | 11.46 | 11.54 | 11.38 | 0.125 times |
| 03 Tue Dec 2024 | 11.27 | 11.32 | 11.37 | 11.24 | 0.107 times |
| 26 Tue Nov 2024 | 11.50 | 11.76 | 12.03 | 11.44 | 1.357 times |
| 26 Tue Nov 2024 | 11.50 | 11.76 | 12.03 | 11.44 | 1.357 times |
| 25 Mon Nov 2024 | 11.84 | 11.77 | 11.87 | 11.59 | 1.259 times |
| 22 Fri Nov 2024 | 11.85 | 11.81 | 12.04 | 11.72 | 1.459 times |
| 21 Thu Nov 2024 | 11.89 | 12.16 | 12.29 | 11.62 | 1.669 times |
| 20 Wed Nov 2024 | 12.32 | 12.52 | 12.64 | 12.13 | 1.398 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 11.5 as stoploss in an intra day buy trade for a target of 11.95. However, stock will show a bearish move below 11.5.
Share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Target | 11.23 |
| Upside Target | 11.88 |
| Upside Target | 12.03 |
| 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 | 21.52 |
Intraday share price targets for Ardmore Shipping (ASC)
| Target Type | Value |
| Downside Intraday Target | 11.46 |
| Downside Intraday Target | 11.27 |
| Upside Intraday Target | 11.86 |
| Upside Intraday Target | 12.07 |
| Upside Intraday Target | 11.67 |
Weekly technical analysis of Ardmore Shipping (ASC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 11.65 | 11.50 | 11.88 | 11.48 | 5.323 times |
| 05 Thu Dec 2024 | 11.28 | 11.32 | 11.54 | 11.23 | 0.205 times |
| 26 Tue Nov 2024 | 11.50 | 11.76 | 12.03 | 11.44 | 0.519 times |
| 26 Tue Nov 2024 | 11.50 | 11.77 | 12.03 | 11.44 | 0.379 times |
| 22 Fri Nov 2024 | 11.85 | 11.75 | 12.64 | 11.62 | 0.919 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 |
| 09 Mon Dec 2024 | 11.65 | 11.32 | 11.88 | 11.23 | 0.063 times |
| 26 Tue Nov 2024 | 11.50 | 14.20 | 14.36 | 11.44 | 2.155 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 |
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 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 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 Weak and stock is losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ardmore Shipping in short term but BUY signal is weak.
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 11.78 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 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 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 Weak and stock is losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ardmore Shipping in short term but BUY signal is weak.
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 11.78 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.