(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 2024-08-15 View latest technical analysis
10 day averaged volume of Torm Plc is 484565
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 37.67 | 37.82 | 38.13 | 37.11 | 2.539 times |
| 14 Wed Aug 2024 | 37.38 | 37.50 | 37.87 | 37.09 | 1.038 times |
| 13 Tue Aug 2024 | 37.17 | 37.34 | 37.34 | 36.97 | 0.864 times |
| 12 Mon Aug 2024 | 37.17 | 37.00 | 37.53 | 37.00 | 0.658 times |
| 09 Fri Aug 2024 | 36.93 | 36.63 | 37.08 | 36.44 | 0.581 times |
| 08 Thu Aug 2024 | 36.78 | 36.42 | 36.92 | 36.01 | 0.762 times |
| 07 Wed Aug 2024 | 36.24 | 37.04 | 37.04 | 36.08 | 0.757 times |
| 06 Tue Aug 2024 | 36.76 | 35.34 | 36.92 | 35.24 | 0.983 times |
| 05 Mon Aug 2024 | 35.48 | 34.72 | 35.81 | 34.11 | 1.689 times |
| 02 Fri Aug 2024 | 36.50 | 37.19 | 37.20 | 35.89 | 1.69 times |
Stock of Torm Plc (TRMD) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, and stock might move up till 38.7 or till 40. Use a stoploss of 37.6 and if this stock hits its stoploss, then it can fall down till 36.49
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 32.05 |
| Downside Target | 33.61 |
| Downside Target | 35.89 |
| Upside Target | 38.13 |
| Upside Target | 38.44 |
| Upside Target | 38.51 |
| Upside Target | 38.64 |
| Upside Target | 39.02 |
| Upside Target | 39.46 |
| Upside Target | 40.47 |
Intraday share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Intraday Target | 37.05 |
| Downside Intraday Target | 36.43 |
| Upside Intraday Target | 38.21 |
| Upside Intraday Target | 38.75 |
| Downside Intraday Target | 37.59 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 37.67 | 37.00 | 38.13 | 36.97 | 1.069 times |
| 09 Fri Aug 2024 | 36.93 | 34.72 | 37.08 | 34.11 | 0.981 times |
| 02 Fri Aug 2024 | 36.50 | 38.76 | 39.02 | 35.89 | 0.87 times |
| 26 Fri Jul 2024 | 37.50 | 37.87 | 40.47 | 37.09 | 1.326 times |
| 19 Fri Jul 2024 | 37.76 | 37.81 | 38.44 | 36.84 | 0.86 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 |
| 15 Thu Aug 2024 | 37.67 | 38.63 | 38.64 | 34.11 | 0.592 times |
| 31 Wed Jul 2024 | 38.68 | 38.89 | 40.47 | 36.84 | 0.696 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 |
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 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 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 BUY. Signal strength is Weak 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 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 36.82 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 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 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 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 BUY. Signal strength is Weak 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 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 36.82 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 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.