(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.
10 day averaged volume of Torm Plc is 759710
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 33.35 | 32.56 | 33.57 | 32.56 | 0.675 times |
| 22 Mon Apr 2024 | 32.77 | 32.26 | 32.88 | 32.26 | 0.522 times |
| 19 Fri Apr 2024 | 32.73 | 32.23 | 32.77 | 32.23 | 0.54 times |
| 18 Thu Apr 2024 | 32.17 | 32.82 | 32.86 | 32.05 | 1.006 times |
| 17 Wed Apr 2024 | 33.06 | 33.23 | 33.86 | 33.06 | 0.954 times |
| 16 Tue Apr 2024 | 33.23 | 32.70 | 33.24 | 32.39 | 0.999 times |
| 15 Mon Apr 2024 | 32.80 | 33.08 | 33.58 | 32.65 | 1.821 times |
| 12 Fri Apr 2024 | 35.33 | 36.20 | 36.25 | 35.22 | 1.115 times |
| 11 Thu Apr 2024 | 35.83 | 35.80 | 36.25 | 35.66 | 1.031 times |
| 10 Wed Apr 2024 | 34.79 | 34.36 | 35.10 | 34.29 | 0.931 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 34.3. However, stock will show a bearish move below 33.1.
Share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Target | 26.10 |
| Downside Target | 31.00 |
| Downside Target | 32.05 |
| Upside Target | 33.57 |
| Upside Target | 34.84 |
| Upside Target | 35.00 |
| Upside Target | 35.32 |
| Upside Target | 36.25 |
| Upside Target | 36.31 |
| Upside Target | 36.51 |
| Upside Target | 37.11 |
Intraday share price targets for Torm Plc (TRMD)
| Target Type | Value |
| Downside Intraday Target | 32.55 |
| Downside Intraday Target | 31.75 |
| Upside Intraday Target | 33.86 |
| Upside Intraday Target | 34.37 |
| Downside Intraday Target | 33.06 |
Weekly technical analysis of Torm Plc (TRMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 33.35 | 32.26 | 33.57 | 32.26 | 0.225 times |
| 19 Fri Apr 2024 | 32.73 | 33.08 | 33.86 | 32.05 | 1.067 times |
| 12 Fri Apr 2024 | 35.33 | 35.19 | 36.25 | 34.29 | 1.027 times |
| 05 Fri Apr 2024 | 35.37 | 35.05 | 36.31 | 34.84 | 1.709 times |
| 28 Thu Mar 2024 | 34.95 | 33.97 | 35.00 | 33.64 | 0.586 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 |
| 23 Tue Apr 2024 | 33.35 | 35.05 | 36.31 | 32.05 | 0.96 times |
| 28 Thu Mar 2024 | 34.95 | 33.56 | 35.32 | 32.61 | 1.297 times |
| 29 Thu Feb 2024 | 33.81 | 36.21 | 36.51 | 32.59 | 0.609 times |
| 31 Wed Jan 2024 | 35.94 | 31.00 | 37.11 | 31.00 | 1.184 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Torm Plc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Torm Plc in short term and the sell 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 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
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 33.65 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Torm Plc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Torm Plc in short term and the sell 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 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
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 33.65 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.