Trend Table for ASC - Ardmore Shipping Corporation

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 9	A	Strong	Up	Up	Up	-7.19%
May 8	A	Strong	Up	Up	Up	-6.78%
May 7	A	Weak or Absent	Up	Up	Up	7.73%
May 6	A	Weak or Absent	Up	Up	Up	7.43%
May 3	A	Weak or Absent	Up	Up	Up	8.85%
May 2	A	Weak or Absent	Up	Up	Up	9.79%
May 1	A	Weak or Absent	Up	Up	Up	13.67%
Apr 30	A	Weak or Absent	Up	Up	Up	13.20%
Apr 29	A	Weak or Absent	Up	Up	Up	11.47%
Apr 26	A	Weak or Absent	Up	Up	Up	12.26%