Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Ardmore Shipping Corporation (NYSE:ASC)

Bull Market Weakness (+75) - ASC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ASC as it may be in the beginning stages of a reversal.

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
16.28 16.62 16.18 16.62 +0.25
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 up The short-term trend has been UP since Apr 23rd, 2024 at 16.125

Smart Scan Analysis for ASC

Based on our trend formula, ASC is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for ASC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.28 16.62 16.18 16.62 +0.25
Prev. Close Volume Bid Ask Time
16.62 278054 2024-04-25 15:59:59
Year High8.75Year High Date2018-05-09
Year Low5.3035Year Low Date2018-11-20
52wk High17.049952wk High Date2024-04-03
52wk Low11.5952wk Low Date2023-06-28
Average Volume516,598Shares Outstanding33,187
Market Cap238MAssets690,951,000M
Liabilities116,507,000MP/E Ratio6.0406
Volatility58.92
Get a free daily analysis and signals for Ardmore Shipping Corporation (ASC) - Request Your Free Report.