Trend Table for ASC - Ardmore Shipping Corporation

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 23	B	Very Strong	Up	Up	Flat	-14.78%
May 22	A	Very Strong	Up	Up	Up	-17.53%
May 21	A	Very Strong	Up	Up	Up	-18.90%
May 20	B	Strong	Up	Up	Up	-16.36%
May 17	B	Strong	Up	Up	Up	-15.20%
May 16	A	Strong	Up	Up	Up	-15.95%
May 15	A	Strong	Up	Up	Up	-14.94%
May 14	A	Strong	Up	Up	Up	-13.54%
May 13	A	Strong	Up	Up	Up	-10.22%
May 10	A	Strong	Up	Up	Up	-6.92%