(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 2024-08-12 View latest technical analysis
10 day averaged volume of Torm Plc is 466994
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 37.17 | 37.00 | 37.53 | 37.00 | 0.683 times |
| 09 Fri Aug 2024 | 36.93 | 36.63 | 37.08 | 36.44 | 0.603 times |
| 08 Thu Aug 2024 | 36.78 | 36.42 | 36.92 | 36.01 | 0.79 times |
| 07 Wed Aug 2024 | 36.24 | 37.04 | 37.04 | 36.08 | 0.785 times |
| 06 Tue Aug 2024 | 36.76 | 35.34 | 36.92 | 35.24 | 1.02 times |
| 05 Mon Aug 2024 | 35.48 | 34.72 | 35.81 | 34.11 | 1.752 times |
| 02 Fri Aug 2024 | 36.50 | 37.19 | 37.20 | 35.89 | 1.754 times |
| 01 Thu Aug 2024 | 37.84 | 38.63 | 38.64 | 37.66 | 1.015 times |
| 31 Wed Jul 2024 | 38.68 | 38.81 | 39.02 | 38.40 | 0.715 times |
| 30 Tue Jul 2024 | 38.03 | 38.02 | 38.28 | 37.77 | 0.742 times |
My analysis of stock is bearish for shortterm, and stock might move down till 36.5 or till 35.2. Use a stoploss of 37.64 and if the stock hits stoploss, then it can shoot up till 38.75
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 32.05 |
| Downside Target | 33.61 |
| Downside Target | 35.89 |
| Upside Target | 37.53 |
| Upside Target | 38.44 |
| Upside Target | 38.51 |
| Upside Target | 38.64 |
| Upside Target | 39.02 |
| Upside Target | 39.46 |
| Upside Target | 40.47 |
Intraday share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Intraday Target | 36.94 |
| Downside Intraday Target | 36.7 |
| Upside Intraday Target | 37.47 |
| Upside Intraday Target | 37.76 |
| Upside Intraday Target | 37.23 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 37.17 | 37.00 | 37.53 | 37.00 | 0.138 times |
| 09 Fri Aug 2024 | 36.93 | 34.72 | 37.08 | 34.11 | 0.981 times |
| 02 Fri Aug 2024 | 36.50 | 38.76 | 39.02 | 35.89 | 0.87 times |
| 26 Fri Jul 2024 | 37.50 | 37.87 | 40.47 | 37.09 | 1.326 times |
| 19 Fri Jul 2024 | 37.76 | 37.81 | 38.44 | 36.84 | 0.86 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 |
| 12 Mon Aug 2024 | 37.17 | 38.63 | 38.64 | 34.11 | 0.383 times |
| 31 Wed Jul 2024 | 38.68 | 38.89 | 40.47 | 36.84 | 0.696 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 |
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 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 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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Torm Plc in short term and BUY 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 36.83 and Torm Plc (TRMD) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
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 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 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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Torm Plc in short term and BUY 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 36.83 and Torm Plc (TRMD) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.