(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 2024-12-13 View latest technical analysis
10 day averaged volume of Torm Plc is 1349275
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 19.45 | 18.84 | 19.48 | 18.84 | 0.797 times |
| 12 Thu Dec 2024 | 18.75 | 19.09 | 19.12 | 18.72 | 0.773 times |
| 11 Wed Dec 2024 | 19.31 | 19.80 | 20.01 | 19.24 | 0.93 times |
| 10 Tue Dec 2024 | 19.84 | 19.95 | 20.06 | 19.73 | 0.626 times |
| 09 Mon Dec 2024 | 20.08 | 19.77 | 20.16 | 19.64 | 0.572 times |
| 26 Tue Nov 2024 | 21.18 | 21.31 | 21.58 | 20.98 | 0.916 times |
| 26 Tue Nov 2024 | 21.18 | 21.31 | 21.58 | 20.98 | 0.916 times |
| 25 Mon Nov 2024 | 21.25 | 21.91 | 21.91 | 21.21 | 1.254 times |
| 22 Fri Nov 2024 | 21.89 | 21.65 | 21.90 | 21.25 | 1.063 times |
| 21 Thu Nov 2024 | 21.71 | 22.40 | 22.40 | 21.52 | 1.696 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 20.3, but if it comes above 20.3, then a intra day buy could be more profitable.
If you take a sell trade below 20.3, then use 20.3 as stoploss and 18.1 as target. However if you take a buy trade in stock , then use 20.3 as stoploss and 22.08 as target.
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 18.72 |
| Upside Target | 20.16 |
| Upside Target | 20.98 |
| Upside Target | 22.72 |
| Upside Target | 24.32 |
| Upside Target | 25.47 |
| Upside Target | 26.42 |
| Upside Target | 32.26 |
| Upside Target | 33.47 |
| Upside Target | 34.11 |
| Upside Target | 36.78 |
| Upside Target | 38.98 |
Intraday share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Intraday Target | 18.73 |
| Downside Intraday Target | 18 |
| Upside Intraday Target | 20.17 |
| Upside Intraday Target | 20.88 |
| Downside Intraday Target | 19.44 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 19.45 | 19.77 | 20.16 | 18.72 | 4.039 times |
| 26 Tue Nov 2024 | 21.18 | 21.31 | 21.58 | 20.98 | 0.422 times |
| 26 Tue Nov 2024 | 21.18 | 21.91 | 21.91 | 20.98 | 0.356 times |
| 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Torm Plc (TRMD)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 19.45 | 19.77 | 20.16 | 18.72 | 0.175 times |
| 26 Tue Nov 2024 | 21.18 | 26.42 | 26.42 | 20.98 | 1.054 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 |
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 losing momentum.
MACD generated a SELL signal for Torm Plc in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 but selling is losing 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 20.69 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 but selling is losing 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 20.69 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.