ARDMORE SHIPPING CORP (ASC) Stock Technical Analysis
NYSE:ASC - New York Stock Exchange, Inc. - MHY0207T1001 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ASC. ASC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
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 part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, of which 71% are performing better than ASC.
ASC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index 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 8.83 - 11.97 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of ASC is bad and it also does not present a 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
11.32
We found 1 important resistance area.
- A resistance zone ranging from 11.09 to 11.21. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS14.55
Mansfield-4.33
10 Day High10.53
10 Day Low8.83
20 Day High11.97
20 Day Low8.83
52 Week High23.44
52 Week Low8.83
Performance
1 Week-0.62%
2 Weeks-6.57%
1 Month-18.19%
3 Month-14.65%
6 Month-43.84%
12 Month-38.72%
2 Year-34.97%
3 Year114.89%
5 Year84.19%
10 Year-3.97%
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)-0.06
RSI(14)36.22
LBB8.89
UBB10.91
9.67
+0.12 (+1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.26%
1 Week-0.62%
2 Weeks-6.57%
1 Month-18.19%
3 Month-14.65%
6 Month-43.84%
12 Month-38.72%
2 Year-34.97%
3 Year114.89%
5 Year84.19%
10 Year-3.97%
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%4.84%
ATR Inc26.71%
Range Today0.35
ADR(20)0.46
ADR(20)%4.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.55
Mansfield-4.33
10 Day High10.53
10 Day Low8.83
20 Day High11.97
20 Day Low8.83
52 Week High23.44
52 Week Low8.83
CS1 EndN/A
CR1 Start11.09
Volume & EV
DER(3)0.91%
DER(5)-2.05%
Volume1.11M
Volume Incr17.39%
Vol(5)907.10K
Vol(50)778.72K