ARDMORE SHIPPING CORP (ASC)

MHY0207T1001 - Common Stock

11.31  +0.02 (+0.18%)

After market: 11.31 0 (0%)

Technical Rating and Analysis

0

Taking everything into account, ASC scores 0 out of 10 in our technical rating. ASC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

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: 90% of all stocks are doing better.
ASC is part of the Oil, Gas & Consumable Fuels industry. There are 205 other stocks in this industry, of which 82% 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.
ASC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Weekly and Daily overview Charts
ASC Weekly chart
ASC Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, ASC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 11.16, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

10.97

14.96

We found 1 important support area.

  • A support zone ranging from 11.08 to 11.16. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 11.36 to 11.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @11.85 from a horizontal line in the daily time frame.
  • Resistance @14.81 from a trend line in the daily time frame.
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
CRS10.88
Mansfield-4.02
10 Day High12.1
10 Day Low10.87
20 Day High12.1
20 Day Low10.86
52 Week High23.44
52 Week Low10.86
Performance
1 Week-0.35%
2 Weeks-0.18%
1 Month-4.88%
3 Month-35.33%
6 Month-49.49%
12 Month-24.3%
2 Year-21.51%
3 Year234.62%
5 Year24.97%
10 Year-5.51%
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)0.13
RSI(14)38.34
LBB11
UBB11.75
ASC Daily chart

ARDMORE SHIPPING CORP

NYSE:ASC (12/20/2024, 8:04:00 PM)

After market: 11.31 0 (0%)

11.31

+0.02 (+0.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.18%
1 Week-0.35%
2 Weeks-0.18%
1 Month-4.88%
3 Month-35.33%
6 Month-49.49%
12 Month-24.3%
2 Year-21.51%
3 Year234.62%
5 Year24.97%
10 Year-5.51%
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%3.63%
ATR Inc4.77%
Range Today0.5
ADR(20)0.39
ADR(20)%3.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.88
Mansfield-4.02
10 Day High12.1
10 Day Low10.87
20 Day High12.1
20 Day Low10.86
52 Week High23.44
52 Week Low10.86
CS1 End11.16
CR1 Start11.36
Volume & EV
DER(3)-0.72%
DER(5)-0.48%
Volume795.60K
Volume Incr-17.3%
Vol(5)867.12K
Vol(50)888.00K