(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 2024-06-27 View latest technical analysis
10 day averaged volume of Torm Plc is 701860
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 38.80 | 39.02 | 39.15 | 38.55 | 1.073 times |
| 26 Wed Jun 2024 | 38.41 | 38.57 | 38.85 | 37.95 | 1.284 times |
| 25 Tue Jun 2024 | 37.59 | 37.16 | 37.67 | 36.83 | 1.106 times |
| 24 Mon Jun 2024 | 37.40 | 36.95 | 37.50 | 36.61 | 0.888 times |
| 21 Fri Jun 2024 | 36.11 | 35.94 | 36.29 | 35.90 | 0.982 times |
| 20 Thu Jun 2024 | 35.89 | 35.24 | 36.14 | 35.24 | 0.806 times |
| 18 Tue Jun 2024 | 35.16 | 34.77 | 35.28 | 34.77 | 0.994 times |
| 18 Tue Jun 2024 | 35.16 | 34.77 | 35.28 | 34.77 | 0.994 times |
| 17 Mon Jun 2024 | 34.58 | 34.75 | 34.88 | 34.22 | 0.81 times |
| 14 Fri Jun 2024 | 33.96 | 34.48 | 34.66 | 33.91 | 1.29 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 39, for a target of 37.6 or 36.31
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 32.05 |
| Downside Target | 33.61 |
| Downside Target | 36.29 |
| Downside Target | 36.31 |
| Downside Target | 36.51 |
| Downside Target | 36.61 |
| Downside Target | 37.13 |
| Downside Target | 37.47 |
| Downside Target | 38.51 |
| Upside Target | 39.15 |
Intraday share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Intraday Target | 37.22 |
| Downside Intraday Target | 35.65 |
| Upside Intraday Target | 39.76 |
| Upside Intraday Target | 40.73 |
| Downside Intraday Target | 38.19 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 38.80 | 36.95 | 39.15 | 36.61 | 1.564 times |
| 21 Fri Jun 2024 | 36.11 | 34.77 | 36.29 | 34.77 | 1.542 times |
| 18 Tue Jun 2024 | 35.16 | 34.75 | 35.28 | 34.22 | 0.332 times |
| 14 Fri Jun 2024 | 33.96 | 37.21 | 37.47 | 33.91 | 0.944 times |
| 07 Fri Jun 2024 | 36.56 | 37.06 | 37.13 | 35.86 | 1.061 times |
Price has moved up 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 |
| 27 Thu Jun 2024 | 38.80 | 37.06 | 39.15 | 33.91 | 0.699 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 up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Torm Plc ( (TRMD) ) based on a short 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.
Price action analysis of Torm Plc ( (TRMD) ) based on a short to mid 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.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Torm Plc in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 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 36.36 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 rising upwards.
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 is giving positive 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Torm Plc ( (TRMD) ) based on a short 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.
Price action analysis of Torm Plc ( (TRMD) ) based on a short to mid 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.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Torm Plc in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 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 36.36 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 rising upwards.
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 is giving positive 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.