(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 2024-07-17 View latest technical analysis
10 day averaged volume of Torm Plc is 414790
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Jul 2024 | 37.45 | 38.00 | 38.03 | 37.04 | 0.928 times |
| 16 Tue Jul 2024 | 38.18 | 38.25 | 38.44 | 37.97 | 0.964 times |
| 15 Mon Jul 2024 | 37.74 | 37.81 | 38.09 | 37.69 | 0.809 times |
| 12 Fri Jul 2024 | 37.28 | 37.51 | 37.72 | 37.16 | 0.938 times |
| 11 Thu Jul 2024 | 37.49 | 37.78 | 37.79 | 37.15 | 1.006 times |
| 10 Wed Jul 2024 | 37.99 | 37.47 | 38.21 | 37.42 | 1.018 times |
| 09 Tue Jul 2024 | 37.18 | 37.38 | 37.48 | 37.03 | 1.361 times |
| 08 Mon Jul 2024 | 37.96 | 38.67 | 38.67 | 37.85 | 1.412 times |
| 05 Fri Jul 2024 | 38.87 | 39.36 | 39.36 | 38.52 | 1.19 times |
| 03 Wed Jul 2024 | 39.10 | 39.13 | 39.64 | 39.09 | 0.652 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 37 as stoploss in an intra day buy trade for a target of 37.93. However, stock will show a bearish move below 37.
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 32.05 |
| Downside Target | 33.61 |
| Downside Target | 35.32 |
| Downside Target | 36.31 |
| Upside Target | 38.09 |
| Upside Target | 38.52 |
| Upside Target | 38.67 |
| Upside Target | 39.46 |
| Upside Target | 39.64 |
Intraday share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Intraday Target | 36.85 |
| Downside Intraday Target | 36.24 |
| Upside Intraday Target | 38.25 |
| Upside Intraday Target | 39.04 |
| Upside Intraday Target | 37.64 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Jul 2024 | 37.45 | 37.81 | 38.44 | 37.04 | 0.471 times |
| 12 Fri Jul 2024 | 37.28 | 38.67 | 38.67 | 37.03 | 3.115 times |
| 05 Fri Jul 2024 | 38.87 | 39.13 | 39.64 | 38.52 | 0.591 times |
| 03 Wed Jul 2024 | 39.10 | 38.89 | 39.64 | 38.09 | 0.351 times |
| 28 Fri Jun 2024 | 38.77 | 36.95 | 39.46 | 36.61 | 1.885 times |
Price has moved up 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 |
| 17 Wed Jul 2024 | 37.45 | 38.89 | 39.64 | 37.03 | 0.377 times |
| 28 Fri Jun 2024 | 38.77 | 37.06 | 39.46 | 33.91 | 0.73 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 |
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 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 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 to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Torm Plc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 37.89 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 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 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 to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Torm Plc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 37.89 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.