(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 2024-11-19 View latest technical analysis
10 day averaged volume of Torm Plc is 1595690
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 23.97 | 23.60 | 24.04 | 23.47 | 0.782 times |
| 18 Mon Nov 2024 | 23.43 | 23.00 | 23.53 | 22.99 | 0.975 times |
| 15 Fri Nov 2024 | 22.85 | 23.55 | 23.64 | 22.72 | 1.032 times |
| 14 Thu Nov 2024 | 23.63 | 23.84 | 24.32 | 23.50 | 0.927 times |
| 13 Wed Nov 2024 | 23.73 | 23.00 | 24.08 | 23.00 | 1.391 times |
| 12 Tue Nov 2024 | 22.95 | 23.54 | 23.55 | 22.77 | 0.931 times |
| 11 Mon Nov 2024 | 23.80 | 24.08 | 24.11 | 23.75 | 0.721 times |
| 08 Fri Nov 2024 | 23.97 | 24.70 | 24.87 | 23.75 | 1.016 times |
| 07 Thu Nov 2024 | 24.79 | 24.90 | 25.55 | 24.64 | 1.377 times |
| 06 Wed Nov 2024 | 24.75 | 24.07 | 24.92 | 24.06 | 0.858 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 23.6 as stoploss in an intra day buy trade for a target of 25.05. However, stock will show a bearish move below 23.6.
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 22.72 |
| Downside Target | 23.75 |
| Upside Target | 25.47 |
| Upside Target | 26.42 |
| Upside Target | 30.20 |
| Upside Target | 32.26 |
| Upside Target | 33.47 |
| Upside Target | 34.11 |
| Upside Target | 36.78 |
| Upside Target | 36.84 |
| Upside Target | 38.98 |
| Upside Target | 40.47 |
Intraday share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Intraday Target | 23.29 |
| Downside Intraday Target | 22.62 |
| Upside Intraday Target | 24.34 |
| Upside Intraday Target | 24.72 |
| Downside Intraday Target | 23.67 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 23.97 | 23.00 | 24.04 | 22.99 | 0.351 times |
| 15 Fri Nov 2024 | 22.85 | 24.08 | 24.32 | 22.72 | 1.081 times |
| 08 Fri Nov 2024 | 23.97 | 25.51 | 25.65 | 23.75 | 1.308 times |
| 01 Fri Nov 2024 | 25.75 | 26.74 | 27.00 | 25.47 | 0.999 times |
| 25 Fri Oct 2024 | 27.29 | 30.07 | 30.20 | 26.72 | 1.082 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 Tue Nov 2024 | 23.97 | 26.42 | 26.42 | 22.72 | 0.7 times |
| 31 Thu Oct 2024 | 26.00 | 32.35 | 33.47 | 25.47 | 1.851 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Torm Plc ( (TRMD) ) based on a short 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 short to mid 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 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 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 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 but selling is losing 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 23.81 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Torm Plc ( (TRMD) ) based on a short 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 short to mid 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 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 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 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 but selling is losing 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 23.81 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 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.