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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Ardmore Shipping Corporation (NYSE:ASC)

Countertrend Down (-85) - ASC is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
11.940 12.460 11.870 12.335 +0.395
Entry Signal

MarketClub’s Trade Triangles for ASC

long term down The long-term trend has been DOWN since Sep 3rd, 2024 at 18.21

intermediate term down The intermediate-term trend has been DOWN since Oct 14th, 2024 at 17.32

short term up The short-term trend has been UP since Nov 19th, 2024 at 12.23

Smart Scan Analysis for ASC

Based on our trend formula, ASC is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ASC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.940 12.460 11.870 12.335 +0.395
Prev. Close Volume Bid Ask Time
12.360 824244 2024-11-19 15:59:33
Year High8.75Year High Date2018-05-09
Year Low5.3035Year Low Date2018-11-20
52wk High23.439952wk High Date2024-05-21
52wk Low11.5952wk Low Date2024-11-15
Average Volume919,380Shares Outstanding33,187
Market Cap238MAssets722,813,000M
Liabilities58,772,000MP/E Ratio3.3539
Volatility58.92
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