Trend Table for ASC - Ardmore Shipping Corporation

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 28	B	Weak or Absent	Up	Up	Flat	18.36%
Feb 27	C	Weak or Absent	Up	Up	Flat	19.03%
Feb 26	C	Weak or Absent	Up	Up	Down	19.32%
Feb 23	C	Weak or Absent	Up	Up	Down	20.82%
Feb 22	B	Weak or Absent	Up	Up	Flat	18.15%
Feb 21	C	Weak or Absent	Up	Up	Flat	18.88%
Feb 20	C	Weak or Absent	Up	Up	Down	19.84%
Feb 16	B	Strong	Up	Up	Up	17.50%
Feb 15	B	Strong	Up	Up	Flat	18.22%
Feb 14	B	Strong	Up	Up	Flat	18.15%