(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 2024-08-21 View latest technical analysis
10 day averaged volume of Torm Plc is 602524
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 37.90 | 38.41 | 38.41 | 37.87 | 1.114 times |
| 20 Tue Aug 2024 | 37.90 | 38.01 | 38.25 | 37.70 | 1.526 times |
| 19 Mon Aug 2024 | 38.41 | 37.73 | 38.91 | 37.73 | 1.115 times |
| 16 Fri Aug 2024 | 37.27 | 37.45 | 37.67 | 37.18 | 1.57 times |
| 15 Thu Aug 2024 | 37.67 | 37.82 | 38.13 | 37.11 | 2.042 times |
| 14 Wed Aug 2024 | 37.38 | 37.50 | 37.87 | 37.09 | 0.834 times |
| 13 Tue Aug 2024 | 37.17 | 37.34 | 37.34 | 36.97 | 0.695 times |
| 12 Mon Aug 2024 | 37.17 | 37.00 | 37.53 | 37.00 | 0.529 times |
| 09 Fri Aug 2024 | 36.93 | 36.63 | 37.08 | 36.44 | 0.468 times |
| 08 Thu Aug 2024 | 36.78 | 36.42 | 36.92 | 36.01 | 0.613 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 38.1 as stoploss in an intra day sell trade for a target of 37.36. However, stock will show a bullish move above 38.1.
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 32.05 |
| Downside Target | 33.61 |
| Downside Target | 35.89 |
| Upside Target | 38.13 |
| Upside Target | 38.51 |
| Upside Target | 38.91 |
| 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 | 37.43 |
| Downside Intraday Target | 36.96 |
| Upside Intraday Target | 38.64 |
| Upside Intraday Target | 39.38 |
| Upside Intraday Target | 38.17 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 37.90 | 37.73 | 38.91 | 37.70 | 0.662 times |
| 16 Fri Aug 2024 | 37.27 | 37.00 | 38.13 | 36.97 | 1.478 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 |
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 |
| 21 Wed Aug 2024 | 37.90 | 38.63 | 38.91 | 34.11 | 0.905 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Torm Plc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Torm Plc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 but selling is losing 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 37.58 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 rising upwards.
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 is giving positive 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Torm Plc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Torm Plc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 but selling is losing 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 37.58 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 rising upwards.
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 is giving positive 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.