ARDMORE SHIPPING CORP (ASC) Stock Technical Analysis
NYSE:ASC - New York Stock Exchange, Inc. - MHY0207T1001 - Common Stock - Currency: USD
Overall ASC gets a technical rating of 4 out of 10. In the past year, ASC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, ASC is a bad performer in the overall market: 86% of all stocks are doing better.
ASC is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 70% of 213 stocks in the same industry do better.
ASC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ASC is lagging the market.
In the last month ASC has a been trading in the 8.88 - 10.41 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
ASC has an average technical rating and the quality of the presented setup is also not ideal 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
9.54
10.51
We found 1 important support area.
- A support zone ranging from 9.64 to 10.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.41 to 10.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.87
Mansfield-3.15
10 Day High10.41
10 Day Low9.41
20 Day High10.41
20 Day Low8.89
52 Week High23.19
52 Week Low8.32
Performance
1 Week5.91%
2 Weeks5.05%
1 Month15.43%
3 Month3.69%
6 Month-12.24%
12 Month-54.74%
2 Year-11.19%
3 Year49%
5 Year78.08%
10 Year-10.5%
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)0.07
RSI(14)65.22
LBB9.54
UBB10.29
NYSE:ASC (5/21/2025, 3:05:08 PM)
10.295
-0.11 (-1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.01%
1 Week5.91%
2 Weeks5.05%
1 Month15.43%
3 Month3.69%
6 Month-12.24%
12 Month-54.74%
2 Year-11.19%
3 Year49%
5 Year78.08%
10 Year-10.5%
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%3.05%
ATR Inc-16.87%
Range Today0.18
ADR(20)0.31
ADR(20)%2.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.87
Mansfield-3.15
10 Day High10.41
10 Day Low9.41
20 Day High10.41
20 Day Low8.89
52 Week High23.19
52 Week Low8.32
CS1 End10.11
CR1 Start10.41
Volume & EV
DER(3)0.67%
DER(5)0.93%
Volume340.01K
Volume Incr25.23%
Vol(5)630.46K
Vol(50)612.81K