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Stock Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Ardmore Shipping Corp (NYSE:ASC)

Sidelines Mode (-55) - ASC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
5.870 5.950 5.660 5.845 -0.075
Entry Signal

MarketClub’s Trade Triangles for ASC

long term down The long-term trend has been DOWN since Jan 27th, 2020 at 6.6100

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2020 at 5.2700

short term up The short-term trend has been UP since May 20th, 2020 at 5.0399

Smart Scan Analysis for ASC

Based on our trend formula, ASC is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ASC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.870 5.950 5.660 5.845 -0.075
Prev. Close Volume Bid Ask Time
5.620 292758 2020-05-29 15:59:43
Year High8.75Year High Date2018-05-09
Year Low5.3035Year Low Date2018-11-20
52wk High9.7952wk High Date2019-10-16
52wk Low3.730152wk Low Date2020-03-18
Average Volume406,666Shares Outstanding33,098
Market Cap238MAssets844,759,801M
Liabilities498,175,867MVolatility58.92
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