ARDMORE SHIPPING CORP (ASC)

MHY0207T1001 - Common Stock

15.81  +0.02 (+0.13%)

Technical Rating and Analysis

4

Overall ASC gets a technical rating of 4 out of 10. ASC has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

ASC is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 62% of 213 stocks in the same industry do better.
In the last month ASC has a been trading in the 15.44 - 17.05 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
ASC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ASC is performing more or less in line with the market.
When compared to the yearly performance of all other stocks, ASC outperforms 52% of them, which is more or less in line with the market.
Weekly and Daily overview Charts
ASC Weekly chart
ASC Daily chart
Setup Rating and Analysis

6

Although the technical rating is only medium, ASC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 15.78, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

14.26

17.11

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 15.47 to 15.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @14.40 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 15.87 to 15.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 16.21 to 16.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.45
Mansfield0.24
10 Day High17.05
10 Day Low15.44
20 Day High17.05
20 Day Low15.44
52 Week High17.05
52 Week Low11.59
Performance
1 Week-4.24%
2 Weeks-5.79%
1 Month-4.65%
3 Month1.35%
6 Month20.26%
12 Month3.61%
2 Year153.45%
3 Year302.81%
5 Year126.22%
10 Year21.09%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.1
RSI(14)43.47
LBB15.52
UBB17.13
ASC Daily chart

ARDMORE SHIPPING CORP

NYSE:ASC (4/16/2024, 11:03:48 AM)

15.81

+0.02 (+0.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.13%
1 Week-4.24%
2 Weeks-5.79%
1 Month-4.65%
3 Month1.35%
6 Month20.26%
12 Month3.61%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.44
ATR(20)%2.74%
ATR Inc
Range Today0.34
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High17.05
10 Day Low15.44
20 Day High17.05
20 Day Low15.44
52 Week High17.05
52 Week Low11.59
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume135.27K
Volume Incr20.11%
Vol(5)635.50K
Vol(50)601.56K