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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Ardmore Shipping Corporation (NYSE:ASC)

Crossroads (-60) - ASC is struggling to move into a solid trend. Beware of choppy markets 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
15.690 15.970 15.510 15.925 +0.135
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 down The intermediate-term trend has been DOWN since Apr 9th, 2024 at 16.010

short term down The short-term trend has been DOWN since Apr 8th, 2024 at 16.530

Smart Scan Analysis for ASC

Based on our trend formula, ASC is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ASC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.690 15.970 15.510 15.925 +0.135
Prev. Close Volume Bid Ask Time
15.790 314755 2024-04-16 15:59:26
Year High8.75Year High Date2018-05-09
Year Low5.3035Year Low Date2018-11-20
52wk High17.169952wk High Date2023-04-18
52wk Low11.5952wk Low Date2023-06-28
Average Volume501,084Shares Outstanding33,187
Market Cap238MAssets690,951,000M
Liabilities116,507,000MP/E Ratio5.8266
Volatility58.92
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