(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 2024-09-27 View latest technical analysis
10 day averaged volume of Torm Plc is 678350
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Sep 2024 | 34.24 | 34.01 | 34.34 | 33.78 | 1.627 times |
| 26 Thu Sep 2024 | 35.36 | 34.68 | 35.43 | 34.68 | 0.83 times |
| 25 Wed Sep 2024 | 34.50 | 34.50 | 34.68 | 34.25 | 1.543 times |
| 24 Tue Sep 2024 | 35.29 | 35.14 | 35.41 | 34.93 | 0.611 times |
| 23 Mon Sep 2024 | 34.77 | 34.66 | 35.20 | 34.46 | 0.852 times |
| 20 Fri Sep 2024 | 35.11 | 34.77 | 35.27 | 34.45 | 1.493 times |
| 19 Thu Sep 2024 | 36.44 | 36.74 | 36.78 | 36.23 | 0.829 times |
| 18 Wed Sep 2024 | 36.05 | 36.54 | 36.74 | 36.00 | 0.946 times |
| 17 Tue Sep 2024 | 36.05 | 36.30 | 36.30 | 35.74 | 1.046 times |
| 16 Mon Sep 2024 | 35.01 | 34.76 | 35.16 | 34.56 | 0.892 times |
My analysis of stock is bearish for shortterm, and stock might move down till 33.3 or till 32. Use a stoploss of 34.48 and if the stock hits stoploss, then it can shoot up till 35.61
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 32.26 |
| Downside Target | 33.61 |
| Upside Target | 35.43 |
| Upside Target | 36.71 |
| Upside Target | 36.78 |
| Upside Target | 36.84 |
| Upside Target | 38.51 |
| Upside Target | 38.98 |
| Upside Target | 39.46 |
| Upside Target | 40.47 |
Intraday share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Intraday Target | 33.54 |
| Downside Intraday Target | 32.83 |
| Upside Intraday Target | 35.19 |
| Upside Intraday Target | 36.13 |
| Upside Intraday Target | 34.48 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Sep 2024 | 34.24 | 34.66 | 35.43 | 33.78 | 1.049 times |
| 20 Fri Sep 2024 | 35.11 | 34.76 | 36.78 | 34.45 | 1.087 times |
| 13 Fri Sep 2024 | 34.05 | 32.91 | 34.67 | 32.26 | 0.935 times |
| 06 Fri Sep 2024 | 33.04 | 35.46 | 35.46 | 32.90 | 4.4 times |
| 30 Fri Aug 2024 | 36.09 | 36.29 | 36.71 | 35.70 | 0.165 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 |
| 27 Fri Sep 2024 | 34.24 | 35.46 | 36.78 | 32.26 | 0.839 times |
| 30 Fri Aug 2024 | 36.09 | 38.63 | 38.98 | 34.11 | 1.623 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 |
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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Torm Plc stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Torm Plc in short term but the buy 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 35.16 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 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Torm Plc stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Torm Plc in short term but the buy 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 35.16 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 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.