(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 2024-07-03 View latest technical analysis
10 day averaged volume of Torm Plc is 622440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 39.10 | 39.13 | 39.64 | 39.09 | 0.434 times |
| 03 Wed Jul 2024 | 39.10 | 39.13 | 39.64 | 39.09 | 0.434 times |
| 02 Tue Jul 2024 | 39.01 | 38.65 | 39.06 | 38.44 | 0.748 times |
| 01 Mon Jul 2024 | 38.26 | 38.89 | 39.00 | 38.09 | 0.892 times |
| 28 Fri Jun 2024 | 38.77 | 39.29 | 39.46 | 38.73 | 1.005 times |
| 27 Thu Jun 2024 | 38.80 | 39.02 | 39.15 | 38.55 | 1.209 times |
| 26 Wed Jun 2024 | 38.41 | 38.57 | 38.85 | 37.95 | 1.448 times |
| 25 Tue Jun 2024 | 37.59 | 37.16 | 37.67 | 36.83 | 1.247 times |
| 24 Mon Jun 2024 | 37.40 | 36.95 | 37.50 | 36.61 | 1.001 times |
| 21 Fri Jun 2024 | 36.11 | 35.94 | 36.29 | 35.90 | 1.107 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 38.5, but if it comes below 38.5, then a intra day sell could be more profitable.
If you take a sell trade below 38.5, then use 38.5 as stoploss and 36.85 as target. However if you take a buy trade in stock , then use 38.5 as stoploss and 40.5 as target.
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 32.05 |
| Downside Target | 33.61 |
| Downside Target | 36.29 |
| Downside Target | 38.09 |
| Downside Target | 38.51 |
| Downside Target | 39.09 |
| Upside Target | 39.46 |
| Upside Target | 39.64 |
Intraday share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Intraday Target | 38.91 |
| Downside Intraday Target | 38.73 |
| Upside Intraday Target | 39.46 |
| Upside Intraday Target | 39.83 |
| Upside Intraday Target | 39.28 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 39.10 | 39.13 | 39.64 | 39.09 | 0.209 times |
| 03 Wed Jul 2024 | 39.10 | 38.89 | 39.64 | 38.09 | 0.351 times |
| 28 Fri Jun 2024 | 38.77 | 36.95 | 39.46 | 36.61 | 1.885 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 |
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 |
| 03 Wed Jul 2024 | 39.10 | 38.89 | 39.64 | 38.09 | 0.106 times |
| 28 Fri Jun 2024 | 38.77 | 37.06 | 39.46 | 33.91 | 0.73 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 |
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 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 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Torm Plc in short term
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 38.11 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 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 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Torm Plc in short term
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 38.11 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.