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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Ardmore Shipping Corporation (NYSE:ASC)

Strong Uptrend (+100) - ASC is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ASC continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid ASC?

MarketClub looks at technical strength and momentum to determine if the timing is right for ASC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_ASC
Open High Low ASC Price Change
17.93 20.52 17.87 20.32 +2.72
Entry Signal

MarketClub’s Trade Triangles for ASC

long term up The long-term trend has been UP since Dec 4th, 2023 at 14.355

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2024 at 16.990

short term up The short-term trend has been UP since May 2nd, 2024 at 17.170

Smart Scan Analysis for ASC

Based on our trend formula, ASC is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for ASC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.93 20.52 17.87 20.32 +2.72
Prev. Close Volume Bid Ask Time
20.34 2116891 2024-05-08 15:59:44
Year High8.75Year High Date2018-05-09
Year Low5.3035Year Low Date2018-11-20
52wk High17.8452wk High Date2024-05-06
52wk Low11.5952wk Low Date2023-06-28
Average Volume449,058Shares Outstanding33,187
Market Cap238MAssets690,951,000M
Liabilities116,507,000MP/E Ratio6.4945
Volatility58.92
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