(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 2024-10-03 View latest technical analysis
10 day averaged volume of Torm Plc is 1179090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 33.22 | 33.11 | 33.28 | 32.78 | 0.736 times |
| 02 Wed Oct 2024 | 33.02 | 33.02 | 33.47 | 32.71 | 0.871 times |
| 01 Tue Oct 2024 | 32.44 | 32.35 | 32.89 | 31.80 | 4.114 times |
| 30 Mon Sep 2024 | 34.19 | 34.06 | 34.26 | 33.87 | 0.536 times |
| 27 Fri Sep 2024 | 34.24 | 34.01 | 34.34 | 33.78 | 0.936 times |
| 26 Thu Sep 2024 | 35.36 | 34.68 | 35.43 | 34.68 | 0.477 times |
| 25 Wed Sep 2024 | 34.50 | 34.50 | 34.68 | 34.25 | 0.888 times |
| 24 Tue Sep 2024 | 35.29 | 35.14 | 35.41 | 34.93 | 0.351 times |
| 23 Mon Sep 2024 | 34.77 | 34.66 | 35.20 | 34.46 | 0.49 times |
| 20 Fri Sep 2024 | 35.11 | 34.77 | 35.27 | 34.45 | 0.859 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 33.1 as stoploss in an intra day buy trade for a target of 34.27. However, stock will show a bearish move below 33.1.
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 31.80 |
| Upside Target | 34.67 |
| Upside Target | 35.43 |
| Upside Target | 35.46 |
| Upside Target | 36.78 |
| Upside Target | 36.84 |
| 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 | 31.93 |
| Downside Intraday Target | 30.63 |
| Upside Intraday Target | 34.39 |
| Upside Intraday Target | 35.55 |
| Downside Intraday Target | 33.09 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 33.22 | 34.06 | 34.26 | 31.80 | 1.991 times |
| 27 Fri Sep 2024 | 34.24 | 34.66 | 35.43 | 33.78 | 1.049 times |
| 20 Fri Sep 2024 | 35.11 | 34.76 | 36.78 | 34.45 | 1.087 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 |
Price has moved down 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 |
| 03 Thu Oct 2024 | 33.22 | 32.35 | 33.47 | 31.80 | 0.462 times |
| 30 Mon Sep 2024 | 34.19 | 35.46 | 36.78 | 32.26 | 0.877 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 |
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 neutral. A longer time frame might give a better analysis.
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 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Torm Plc in short term and the sell signal is strong.
Torm Plc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Torm Plc in short term but BUY signal is weak.
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 33.55 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Torm Plc in short term and the sell signal is strong.
Torm Plc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Torm Plc in short term but BUY signal is weak.
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 33.55 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.