(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 2024-10-25 View latest technical analysis
10 day averaged volume of Torm Plc is 1062860
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Fri Oct 2024 | 27.29 | 26.95 | 27.50 | 26.89 | 0.94 times |
| 24 Thu Oct 2024 | 26.96 | 27.18 | 27.20 | 26.72 | 1.123 times |
| 23 Wed Oct 2024 | 27.53 | 27.90 | 28.11 | 27.29 | 2.101 times |
| 22 Tue Oct 2024 | 29.15 | 29.74 | 29.81 | 29.11 | 0.663 times |
| 21 Mon Oct 2024 | 29.80 | 30.07 | 30.20 | 29.64 | 0.49 times |
| 18 Fri Oct 2024 | 30.02 | 30.01 | 30.11 | 29.68 | 0.835 times |
| 17 Thu Oct 2024 | 29.90 | 30.09 | 30.17 | 29.87 | 0.939 times |
| 16 Wed Oct 2024 | 30.11 | 29.89 | 30.33 | 29.77 | 0.832 times |
| 15 Tue Oct 2024 | 30.01 | 30.34 | 30.72 | 29.96 | 1.338 times |
| 14 Mon Oct 2024 | 31.29 | 31.00 | 31.44 | 30.80 | 0.969 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 26.4, for a target of 28.9 or 30.93
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 26.72 |
| Upside Target | 29.68 |
| Upside Target | 31.44 |
| Upside Target | 33.15 |
| Upside Target | 34.11 |
| Upside Target | 34.26 |
| 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 | 25.94 |
| Downside Intraday Target | 24.59 |
| Upside Intraday Target | 29.42 |
| Upside Intraday Target | 31.55 |
| Upside Intraday Target | 28.07 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Fri Oct 2024 | 27.29 | 30.07 | 30.20 | 26.72 | 1.082 times |
| 18 Fri Oct 2024 | 30.02 | 31.00 | 31.44 | 29.68 | 1.419 times |
| 11 Fri Oct 2024 | 31.64 | 32.78 | 33.15 | 31.48 | 0.449 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 |
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 |
| 25 Fri Oct 2024 | 27.29 | 32.35 | 33.47 | 26.72 | 1.515 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, and volume has increased substantially. This means that the move can 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 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 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 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 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 losing momentum.
MACD generated a SELL signal for Torm Plc in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Torm Plc in short term but BUY signal is weak.
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 28.97 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 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 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 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 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 losing momentum.
MACD generated a SELL signal for Torm Plc in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Torm Plc in short term but BUY signal is weak.
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 28.97 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.