(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 2024-12-20 View latest technical analysis
10 day averaged volume of Torm Plc is 1092169
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 18.08 | 17.92 | 18.30 | 17.77 | 0.991 times |
| 19 Thu Dec 2024 | 17.98 | 18.45 | 18.45 | 17.90 | 1.011 times |
| 18 Wed Dec 2024 | 18.44 | 18.29 | 18.73 | 18.29 | 0.896 times |
| 17 Tue Dec 2024 | 18.29 | 18.37 | 18.41 | 18.01 | 1.158 times |
| 16 Mon Dec 2024 | 18.59 | 18.91 | 18.95 | 18.47 | 1.235 times |
| 13 Fri Dec 2024 | 19.45 | 18.84 | 19.48 | 18.84 | 0.984 times |
| 12 Thu Dec 2024 | 18.75 | 19.09 | 19.12 | 18.72 | 0.955 times |
| 11 Wed Dec 2024 | 19.31 | 19.80 | 20.01 | 19.24 | 1.149 times |
| 10 Tue Dec 2024 | 19.84 | 19.95 | 20.06 | 19.73 | 0.773 times |
| 09 Mon Dec 2024 | 20.08 | 19.77 | 20.16 | 19.64 | 0.706 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.7, but if it comes above 18.7, then a intra day buy could be more profitable.
If you take a sell trade below 18.7, then use 18.7 as stoploss and 16.2 as target. However if you take a buy trade in stock , then use 18.7 as stoploss and 20.69 as target.
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 17.77 |
| Upside Target | 18.72 |
| Upside Target | 20.16 |
| Upside Target | 20.98 |
| Upside Target | 24.38 |
| 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 | 17.58 |
| Downside Intraday Target | 17.09 |
| Upside Intraday Target | 18.76 |
| Upside Intraday Target | 19.45 |
| Upside Intraday Target | 18.27 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 18.08 | 18.91 | 18.95 | 17.77 | 1.158 times |
| 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 |
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 |
| 20 Fri Dec 2024 | 18.08 | 19.77 | 20.16 | 17.77 | 0.378 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 gaining momentum.
MACD generated a BUY signal for Torm Plc in short term but the buy signal is initial and weak.
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 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 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 18.82 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 BUY signal for Torm Plc in short term but the buy signal is initial and weak.
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 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 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 18.82 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.