(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 2024-11-22 View latest technical analysis
10 day averaged volume of Torm Plc is 1638940
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Nov 2024 | 21.89 | 21.65 | 21.90 | 21.25 | 0.875 times |
| 21 Thu Nov 2024 | 21.71 | 22.40 | 22.40 | 21.52 | 1.396 times |
| 20 Wed Nov 2024 | 23.81 | 24.29 | 24.38 | 23.71 | 1.033 times |
| 19 Tue Nov 2024 | 23.97 | 23.60 | 24.04 | 23.47 | 0.761 times |
| 18 Mon Nov 2024 | 23.43 | 23.00 | 23.53 | 22.99 | 0.949 times |
| 15 Fri Nov 2024 | 22.85 | 23.55 | 23.64 | 22.72 | 1.005 times |
| 14 Thu Nov 2024 | 23.63 | 23.84 | 24.32 | 23.50 | 0.903 times |
| 13 Wed Nov 2024 | 23.73 | 23.00 | 24.08 | 23.00 | 1.354 times |
| 12 Tue Nov 2024 | 22.95 | 23.54 | 23.55 | 22.77 | 0.907 times |
| 11 Mon Nov 2024 | 23.80 | 24.08 | 24.11 | 23.75 | 0.702 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 22.9, but if it comes above 22.9, then a intra day buy could be more profitable.
If you take a sell trade below 22.9, then use 22.9 as stoploss and 21.2 as target. However if you take a buy trade in stock , then use 22.9 as stoploss and 24.33 as target.
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 21.25 |
| Upside Target | 22.72 |
| Upside Target | 23.75 |
| Upside Target | 24.32 |
| Upside Target | 25.47 |
| Upside Target | 26.42 |
| Upside Target | 30.20 |
| Upside Target | 32.26 |
| 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 | 20.63 |
| Downside Intraday Target | 19.38 |
| Upside Intraday Target | 23.76 |
| Upside Intraday Target | 25.64 |
| Upside Intraday Target | 22.51 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Nov 2024 | 21.89 | 23.00 | 24.38 | 21.25 | 1.03 times |
| 15 Fri Nov 2024 | 22.85 | 24.08 | 24.32 | 22.72 | 1.081 times |
| 08 Fri Nov 2024 | 23.97 | 25.51 | 25.65 | 23.75 | 1.308 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 |
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 |
| 22 Fri Nov 2024 | 21.89 | 26.42 | 26.42 | 21.25 | 0.9 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 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 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 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 BUY signal for Torm Plc in short term but the buy signal is initial and weak.
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 moving up
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 23.11 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 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 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 BUY signal for Torm Plc in short term but the buy signal is initial and weak.
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 moving up
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 23.11 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.