(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 2024-06-04 View latest technical analysis
10 day averaged volume of Torm Plc is 1028532
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 35.86 | 36.77 | 36.89 | 35.86 | 0.856 times |
| 03 Mon Jun 2024 | 36.92 | 37.06 | 37.13 | 36.79 | 1.236 times |
| 31 Fri May 2024 | 37.05 | 36.75 | 37.26 | 36.67 | 2.376 times |
| 30 Thu May 2024 | 38.40 | 38.05 | 38.43 | 38.02 | 0.417 times |
| 29 Wed May 2024 | 37.62 | 38.33 | 38.33 | 37.53 | 0.341 times |
| 28 Tue May 2024 | 38.19 | 38.09 | 38.30 | 37.81 | 0.564 times |
| 23 Thu May 2024 | 37.08 | 37.26 | 37.40 | 36.92 | 0.733 times |
| 22 Wed May 2024 | 36.59 | 37.38 | 37.44 | 36.36 | 0.763 times |
| 21 Tue May 2024 | 37.50 | 37.53 | 37.78 | 37.32 | 0.794 times |
| 20 Mon May 2024 | 38.20 | 38.29 | 38.51 | 37.92 | 1.674 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 35.9, but if it comes above 35.9, then a intra day buy could be more profitable.
If you take a sell trade below 35.9, then use 35.9 as stoploss and 34.6 as target. However if you take a buy trade in stock , then use 35.9 as stoploss and 37.03 as target.
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 32.05 |
| Downside Target | 33.61 |
| Downside Target | 34.40 |
| Downside Target | 35.32 |
| Upside Target | 36.67 |
| Upside Target | 37.05 |
| Upside Target | 37.13 |
| Upside Target | 38.30 |
| Upside Target | 38.43 |
| Upside Target | 38.51 |
Intraday share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Intraday Target | 35.44 |
| Downside Intraday Target | 35.01 |
| Upside Intraday Target | 36.71 |
| Upside Intraday Target | 37.55 |
| Upside Intraday Target | 36.28 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 35.86 | 37.06 | 37.13 | 35.86 | 0.566 times |
| 31 Fri May 2024 | 37.05 | 38.09 | 38.43 | 36.67 | 0.933 times |
| 23 Thu May 2024 | 37.08 | 38.29 | 38.51 | 36.36 | 0.775 times |
| 17 Fri May 2024 | 38.16 | 36.73 | 38.30 | 36.62 | 0.934 times |
| 10 Fri May 2024 | 36.22 | 35.12 | 37.05 | 34.40 | 2.5 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 Tue Jun 2024 | 35.86 | 37.06 | 37.13 | 35.86 | 0.107 times |
| 31 Fri May 2024 | 37.05 | 34.20 | 38.51 | 33.61 | 1.359 times |
| 30 Tue Apr 2024 | 34.43 | 35.05 | 36.31 | 32.05 | 1.148 times |
| 28 Thu Mar 2024 | 34.95 | 33.56 | 35.32 | 32.61 | 1.297 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 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 to mid 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 mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell 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 green color and prices are in or below the green 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 37.27 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 positive
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 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 to mid 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 mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell 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 green color and prices are in or below the green 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 37.27 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.