ARDMORE SHIPPING CORP (ASC) Stock Technical Analysis
USA - NYSE:ASC - MHY0207T1001 - Common Stock
12.58 USD
+0.04 (+0.32%)
Overall ASC gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ASC is a bad performer.
70% of all other stocks performed better in the past year than ASC.
The long and short term trends are both positive. This is looking good!
ASC is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, ASC did better than 47% of them.
ASC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ASC is lagging the market.
In the last month ASC has a been trading in the 11.27 - 13.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ASC has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.57
13.74
3 important support areas can be observed.
- A support zone ranging from 12.53 to 12.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.73 from a trend line in the daily time frame.
- Support @9.67 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 12.72 to 12.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.60 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ASC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASC is up. |
| ChartMill Relative Strength | 30.02 | NEUTRAL | ASC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.45 | NEUTRAL | The RSI value for ASC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ASC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.91 | NEUTRAL | The Stochastics value for ASC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for ASC suggests some volalility. |
| Average Directional Index/ADX (14) | 40.4 | POSITIVE | The high ADX value value for ASC suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:ASC (9/23/2025, 3:16:36 PM)
12.58
+0.04 (+0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.32%
1 Week-3.83%
2 Weeks1.21%
1 Month9.52%
3 Month28.62%
6 Month22.82%
12 Month-30.18%
2 Year-3.61%
3 Year37.35%
5 Year252.25%
10 Year3.81%
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%2.87%
ATR Inc20.08%
Range Today0.25
ADR(20)0.34
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.02
Mansfield-0.08
10 Day High13.45
10 Day Low12.06
20 Day High13.45
20 Day Low11.27
52 Week High18.79
52 Week Low8.32
CS1 End12.53
CR1 Start12.72
Volume & EV
DER(3)-0.79%
DER(5)0.61%
Volume302.32K
Volume Incr18.51%
Vol(5)582.93K
Vol(50)559.02K