(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 2024-11-04 View latest technical analysis
10 day averaged volume of Torm Plc is 1129940
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 25.49 | 25.51 | 25.65 | 25.22 | 0.856 times |
| 01 Fri Nov 2024 | 25.75 | 26.42 | 26.42 | 25.71 | 0.654 times |
| 31 Thu Oct 2024 | 26.00 | 25.87 | 26.34 | 25.83 | 0.863 times |
| 30 Wed Oct 2024 | 26.10 | 25.94 | 26.18 | 25.47 | 1.228 times |
| 29 Tue Oct 2024 | 26.30 | 26.69 | 26.69 | 26.13 | 1.135 times |
| 28 Mon Oct 2024 | 26.81 | 26.74 | 27.00 | 26.54 | 1.12 times |
| 25 Fri Oct 2024 | 27.29 | 26.95 | 27.50 | 26.89 | 0.884 times |
| 24 Thu Oct 2024 | 26.96 | 27.18 | 27.20 | 26.72 | 1.056 times |
| 23 Wed Oct 2024 | 27.53 | 27.90 | 28.11 | 27.29 | 1.977 times |
| 22 Tue Oct 2024 | 29.15 | 29.74 | 29.81 | 29.11 | 0.624 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 26.5, but if it comes above 26.5, then a intra day buy could be more profitable.
If you take a sell trade below 26.5, then use 26.5 as stoploss and 23.7 as target. However if you take a buy trade in stock , then use 26.5 as stoploss and 28.83 as target.
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 25.22 |
| Upside Target | 26.42 |
| Upside Target | 29.68 |
| Upside Target | 31.44 |
| Upside Target | 32.26 |
| Upside Target | 33.15 |
| Upside Target | 33.47 |
| Upside Target | 34.11 |
| Upside Target | 36.78 |
| Upside Target | 36.84 |
| Upside Target | 38.98 |
| Upside Target | 40.47 |
Intraday share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Intraday Target | 25.26 |
| Downside Intraday Target | 25.02 |
| Upside Intraday Target | 25.69 |
| Upside Intraday Target | 25.88 |
| Downside Intraday Target | 25.45 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 25.49 | 25.51 | 25.65 | 25.22 | 0.171 times |
| 01 Fri Nov 2024 | 25.75 | 26.74 | 27.00 | 25.47 | 0.999 times |
| 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 |
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 |
| 04 Mon Nov 2024 | 25.49 | 26.42 | 26.42 | 25.22 | 0.063 times |
| 31 Thu Oct 2024 | 26.00 | 32.35 | 33.47 | 25.47 | 1.851 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 |
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 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 gaining 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 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 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 26.76 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 gaining 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 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 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 26.76 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.