(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 2024-09-19 View latest technical analysis
10 day averaged volume of Torm Plc is 664694
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 36.44 | 36.74 | 36.78 | 36.23 | 0.846 times |
| 18 Wed Sep 2024 | 36.05 | 36.54 | 36.74 | 36.00 | 0.965 times |
| 17 Tue Sep 2024 | 36.05 | 36.30 | 36.30 | 35.74 | 1.068 times |
| 16 Mon Sep 2024 | 35.01 | 34.76 | 35.16 | 34.56 | 0.91 times |
| 13 Fri Sep 2024 | 34.05 | 33.85 | 34.67 | 33.85 | 0.979 times |
| 12 Thu Sep 2024 | 33.69 | 33.47 | 34.18 | 33.43 | 1.212 times |
| 11 Wed Sep 2024 | 33.26 | 32.80 | 33.52 | 32.66 | 0.91 times |
| 10 Tue Sep 2024 | 32.57 | 33.09 | 33.09 | 32.26 | 0.918 times |
| 09 Mon Sep 2024 | 33.12 | 32.91 | 33.29 | 32.74 | 0.871 times |
| 06 Fri Sep 2024 | 33.04 | 33.42 | 33.71 | 32.90 | 0.956 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 37.2 as stoploss in an intra day sell trade for a target of 35.26. However, stock will show a bullish move above 37.2.
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 32.26 |
| Downside Target | 33.61 |
| Downside Target | 35.46 |
| Upside Target | 36.71 |
| Upside Target | 36.78 |
| Upside Target | 36.84 |
| Upside Target | 38.51 |
| Upside Target | 38.98 |
| Upside Target | 39.46 |
| Upside Target | 40.47 |
Intraday share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Intraday Target | 35.07 |
| Downside Intraday Target | 33.71 |
| Upside Intraday Target | 37.29 |
| Upside Intraday Target | 38.15 |
| Downside Intraday Target | 35.93 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 36.44 | 34.76 | 36.78 | 34.56 | 0.775 times |
| 13 Fri Sep 2024 | 34.05 | 32.91 | 34.67 | 32.26 | 0.935 times |
| 06 Fri Sep 2024 | 33.04 | 35.46 | 35.46 | 32.90 | 4.4 times |
| 30 Fri Aug 2024 | 36.09 | 36.29 | 36.71 | 35.70 | 0.165 times |
| 30 Fri Aug 2024 | 36.09 | 38.48 | 38.98 | 35.53 | 1.186 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 |
| 19 Thu Sep 2024 | 36.44 | 35.46 | 36.78 | 32.26 | 0.555 times |
| 30 Fri Aug 2024 | 36.09 | 38.63 | 38.98 | 34.11 | 1.623 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Strong 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
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 34.33 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Strong 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
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 34.33 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.