(TRMD) Torm Plc complete technical analysis [charts+indicators] | Buy/Sell Torm Plc | (TRMD) share price targets
Complete technical analysis of Torm Plc (TRMD) by charts plus indicators, forecast predictions and share price targets for Torm Plc (TRMD)
Torm Plc trades in USA in Transportation sector.
Showing technical analysis as on 2024-05-31 View latest technical analysis
10 day averaged volume of Torm Plc is 825868
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 37.05 | 36.75 | 37.26 | 36.67 | 2.959 times |
| 30 Thu May 2024 | 38.40 | 38.05 | 38.43 | 38.02 | 0.519 times |
| 29 Wed May 2024 | 37.62 | 38.33 | 38.33 | 37.53 | 0.425 times |
| 28 Tue May 2024 | 38.19 | 38.09 | 38.30 | 37.81 | 0.703 times |
| 23 Thu May 2024 | 37.08 | 37.26 | 37.40 | 36.92 | 0.913 times |
| 22 Wed May 2024 | 36.59 | 37.38 | 37.44 | 36.36 | 0.95 times |
| 21 Tue May 2024 | 37.50 | 37.53 | 37.78 | 37.32 | 0.989 times |
| 20 Mon May 2024 | 38.20 | 38.29 | 38.51 | 37.92 | 2.085 times |
| 17 Fri May 2024 | 38.16 | 38.29 | 38.29 | 37.78 | 1.373 times |
| 16 Thu May 2024 | 37.89 | 38.20 | 38.25 | 37.60 | 1.078 times |
Stock of Torm Plc (TRMD) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 38.1 or till 39.7. Use a stoploss of 36.86 and if this stock hits its stoploss, then it can fall down till 35.58
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 31.00 |
| Downside Target | 32.05 |
| Downside Target | 33.61 |
| Downside Target | 34.40 |
| Downside Target | 36.31 |
| Downside Target | 36.67 |
| Downside Target | 37.05 |
| Upside Target | 37.11 |
| Upside Target | 38.30 |
| Upside Target | 38.43 |
| Upside Target | 38.51 |
Intraday share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Intraday Target | 36.34 |
| Downside Intraday Target | 35.62 |
| Upside Intraday Target | 38.1 |
| Upside Intraday Target | 39.14 |
| Upside Intraday Target | 37.38 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 37.05 | 38.09 | 38.43 | 36.67 | 0.933 times |
| 23 Thu May 2024 | 37.08 | 38.29 | 38.51 | 36.36 | 0.775 times |
| 17 Fri May 2024 | 38.16 | 36.73 | 38.30 | 36.62 | 0.934 times |
| 10 Fri May 2024 | 36.22 | 35.12 | 37.05 | 34.40 | 2.5 times |
| 03 Fri May 2024 | 34.78 | 34.86 | 34.90 | 33.61 | 0.898 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Torm Plc (TRMD)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 37.05 | 34.20 | 38.51 | 33.61 | 1.359 times |
| 30 Tue Apr 2024 | 34.43 | 35.05 | 36.31 | 32.05 | 1.148 times |
| 28 Thu Mar 2024 | 34.95 | 33.56 | 35.32 | 32.61 | 1.297 times |
| 29 Thu Feb 2024 | 33.81 | 36.21 | 36.51 | 32.59 | 0.609 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Torm Plc (TRMD)
Price action analysis of Torm Plc ( (TRMD) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Torm Plc ( (TRMD) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Torm Plc ( (TRMD) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Torm Plc ( (TRMD) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Torm Plc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Torm Plc in short term but the sell signal is initial and weak.
Torm Plc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Torm Plc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Torm Plc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 37.6 and Torm Plc (TRMD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Torm Plc (TRMD) stock. Volume based technical analysis of Torm Plc (TRMD) stock is negative.
Torm Plc Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Torm Plc ( (TRMD) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Torm Plc ( (TRMD) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Torm Plc ( (TRMD) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Torm Plc ( (TRMD) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Torm Plc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Torm Plc in short term but the sell signal is initial and weak.
Torm Plc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Torm Plc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Torm Plc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 37.6 and Torm Plc (TRMD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Torm Plc (TRMD) stock. Volume based technical analysis of Torm Plc (TRMD) stock is negative.
Torm Plc Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.