(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 2024-10-07 View latest technical analysis
10 day averaged volume of Torm Plc is 1189340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 32.75 | 32.78 | 33.15 | 32.38 | 0.788 times |
| 04 Fri Oct 2024 | 32.92 | 32.91 | 33.10 | 32.70 | 0.68 times |
| 03 Thu Oct 2024 | 33.22 | 33.11 | 33.28 | 32.78 | 0.73 times |
| 02 Wed Oct 2024 | 33.02 | 33.02 | 33.47 | 32.71 | 0.864 times |
| 01 Tue Oct 2024 | 32.44 | 32.35 | 32.89 | 31.80 | 4.079 times |
| 30 Mon Sep 2024 | 34.19 | 34.06 | 34.26 | 33.87 | 0.531 times |
| 27 Fri Sep 2024 | 34.24 | 34.01 | 34.34 | 33.78 | 0.928 times |
| 26 Thu Sep 2024 | 35.36 | 34.68 | 35.43 | 34.68 | 0.473 times |
| 25 Wed Sep 2024 | 34.50 | 34.50 | 34.68 | 34.25 | 0.88 times |
| 24 Tue Sep 2024 | 35.29 | 35.14 | 35.41 | 34.93 | 0.348 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 33, but if it comes above 33, then a intra day buy could be more profitable.
If you take a sell trade below 33, then use 33 as stoploss and 31.6 as target. However if you take a buy trade in stock , then use 33 as stoploss and 34.25 as target.
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 31.80 |
| Upside Target | 33.15 |
| Upside Target | 34.45 |
| Upside Target | 34.67 |
| Upside Target | 35.43 |
| Upside Target | 36.78 |
| Upside Target | 36.84 |
| 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 | 32.37 |
| Downside Intraday Target | 31.99 |
| Upside Intraday Target | 33.14 |
| Upside Intraday Target | 33.53 |
| Upside Intraday Target | 32.76 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 32.75 | 32.78 | 33.15 | 32.38 | 0.114 times |
| 04 Fri Oct 2024 | 32.92 | 34.06 | 34.26 | 31.80 | 2.21 times |
| 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 |
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 |
| 07 Mon Oct 2024 | 32.75 | 32.35 | 33.47 | 31.80 | 0.582 times |
| 30 Mon Sep 2024 | 34.19 | 35.46 | 36.78 | 32.26 | 0.877 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 |
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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Torm Plc in short term and the sell signal is strong.
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 weakening, and bulls are picking up momentum!
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 but selling is losing 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 33.26 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Torm Plc in short term and the sell signal is strong.
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 weakening, and bulls are picking up momentum!
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 but selling is losing 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 33.26 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.