(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 2024-06-03 View latest technical analysis
10 day averaged volume of Torm Plc is 990499
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 36.92 | 37.06 | 37.13 | 36.79 | 1.283 times |
| 31 Fri May 2024 | 37.05 | 36.75 | 37.26 | 36.67 | 2.467 times |
| 30 Thu May 2024 | 38.40 | 38.05 | 38.43 | 38.02 | 0.433 times |
| 29 Wed May 2024 | 37.62 | 38.33 | 38.33 | 37.53 | 0.354 times |
| 28 Tue May 2024 | 38.19 | 38.09 | 38.30 | 37.81 | 0.586 times |
| 23 Thu May 2024 | 37.08 | 37.26 | 37.40 | 36.92 | 0.761 times |
| 22 Wed May 2024 | 36.59 | 37.38 | 37.44 | 36.36 | 0.792 times |
| 21 Tue May 2024 | 37.50 | 37.53 | 37.78 | 37.32 | 0.825 times |
| 20 Mon May 2024 | 38.20 | 38.29 | 38.51 | 37.92 | 1.738 times |
| 17 Fri May 2024 | 38.16 | 38.29 | 38.29 | 37.78 | 1.144 times |
My analysis of stock is bearish for shortterm, and stock might move down till 35.8 or till 34.4. Use a stoploss of 36.98 and if the stock hits stoploss, then it can shoot up till 38.15
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 32.05 |
| Downside Target | 33.61 |
| Downside Target | 34.40 |
| Downside Target | 35.32 |
| Downside Target | 36.31 |
| Upside Target | 37.05 |
| Upside Target | 37.13 |
| 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 | 36.76 |
| Downside Intraday Target | 36.61 |
| Upside Intraday Target | 37.1 |
| Upside Intraday Target | 37.29 |
| Upside Intraday Target | 36.95 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 36.92 | 37.06 | 37.13 | 36.79 | 0.334 times |
| 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 |
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 |
| 03 Mon Jun 2024 | 36.92 | 37.06 | 37.13 | 36.79 | 0.063 times |
| 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 |
Scroll below to view daily charts
Price has moved down 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Torm Plc ( (TRMD) ) based on a short 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 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 in or below 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 BUY signal in short term and the buying is gaining 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 37.49 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Torm Plc ( (TRMD) ) based on a short 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 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 in or below 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 BUY signal in short term and the buying is gaining 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 37.49 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.