


Technical Sentiment Analysis for Ardmore Shipping Corp (ASC) As of 2026-05-08, Ardmore Shipping Corp (ASC) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 10 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ASC stands at 78.803, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 0.997, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 89.856 and the Commodity Channel Index (CCI) at 130.517 further confirm a 2.77 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ASC is trading above its 60-day moving average of $15.807 and above its 200-day long-term moving average of $13.017. Key price levels to watch include the immediate resistance at $19.801 and strong support at $16.541. A break above $19.801 could signal a bull continuation, while falling below $16.541 may test the next Fibonacci floor at $14.82.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 13.281 | 14.82 | 16.541 | 18.08 | 19.801 | 21.34 | 23.061 |
| Fibonacci | 14.82 | 16.066 | 16.835 | 18.08 | 19.326 | 20.095 | 21.34 |
2026-05-08
| Name | Value |
|---|---|
| RSI_14 | 78.803 |
| STOCHk_14_3_3 | 89.856 |
| STOCHd_14_3_3 | 91.426 |
| CCI_20 | 130.517 |
| AO_5_34 | 2.488 |
| MOM_10 | 2.77 |
| MACD_12_26_9 | 0.997 |
2026-05-08
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 18.96 | Buy |
| MA_10 | 18.261 | Buy |
| MA_20 | 17.05 | Buy |
| MA_60 | 15.807 | Buy |
| MA_200 | 13.017 | Buy |
| MA_250 | 12.405 | Buy |