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Stock Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

Ardmore Shipping Corporation (NYSE:ASC)

Countertrend Up (+85) - ASC is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
4.08 4.11 4.02 4.10 +0.08
Entry Signal

MarketClub’s Trade Triangles for ASC

long term up The long-term trend has been UP since Oct 1st, 2021 at 4.28

intermediate term up The intermediate-term trend has been UP since Sep 24th, 2021 at 3.74

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 4.01

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
4.08 4.11 4.02 4.10 +0.08
Prev. Close Volume Bid Ask Time
4.02 54230 2021-10-28 11:16:20
Year High8.75Year High Date2018-05-09
Year Low5.3035Year Low Date2018-11-20
52wk High5.4352wk High Date2021-03-18
52wk Low2.6152wk Low Date2020-10-30
Average Volume284,086Shares Outstanding33,187
Market Cap238MAssets732,979,903M
Liabilities399,255,727MP/E Ratio10.2553
Volatility58.92
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