(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 2024-12-24 View latest technical analysis
10 day averaged volume of Torm Plc is 1113086
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Dec 2024 | 19.66 | 19.32 | 19.76 | 19.07 | 0.775 times |
| 23 Mon Dec 2024 | 19.06 | 18.35 | 19.06 | 18.34 | 1.018 times |
| 20 Fri Dec 2024 | 18.08 | 17.92 | 18.30 | 17.77 | 0.973 times |
| 19 Thu Dec 2024 | 17.98 | 18.45 | 18.45 | 17.90 | 0.992 times |
| 18 Wed Dec 2024 | 18.44 | 18.29 | 18.73 | 18.29 | 0.879 times |
| 17 Tue Dec 2024 | 18.29 | 18.37 | 18.41 | 18.01 | 1.137 times |
| 16 Mon Dec 2024 | 18.59 | 18.91 | 18.95 | 18.47 | 1.212 times |
| 13 Fri Dec 2024 | 19.45 | 18.84 | 19.48 | 18.84 | 0.966 times |
| 12 Thu Dec 2024 | 18.75 | 19.09 | 19.12 | 18.72 | 0.937 times |
| 11 Wed Dec 2024 | 19.31 | 19.80 | 20.01 | 19.24 | 1.128 times |
My analysis of stock is bearish for shortterm, and stock might move down till 18.4 or till 16.2. Use a stoploss of 20.3 and if the stock hits stoploss, then it can shoot up till 22.17
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 17.77 |
| Downside Target | 18.34 |
| Downside Target | 18.72 |
| Upside Target | 19.76 |
| Upside Target | 20.16 |
| Upside Target | 20.98 |
| Upside Target | 21.58 |
| 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 | 18.75 |
| Downside Intraday Target | 17.83 |
| Upside Intraday Target | 20.17 |
| Upside Intraday Target | 20.67 |
| Downside Intraday Target | 19.25 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Dec 2024 | 19.66 | 18.35 | 19.76 | 18.34 | 0.345 times |
| 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 |
Price has moved up 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 |
| 24 Tue Dec 2024 | 19.66 | 19.77 | 20.16 | 17.77 | 0.448 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Torm Plc ( (TRMD) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 buy signal for Torm Plc in short term and BUY 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 18.74 and Torm Plc (TRMD) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Torm Plc ( (TRMD) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 buy signal for Torm Plc in short term and BUY 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 18.74 and Torm Plc (TRMD) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.