(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 2024-03-22 View latest technical analysis
10 day averaged volume of Torm Plc is 727710
Date | Daily Closing Price | Open | High | Low | Volume |
22 Fri Mar 2024 | 33.61 | 34.14 | 34.14 | 33.61 | 0.735 times |
21 Thu Mar 2024 | 34.38 | 33.55 | 34.49 | 33.53 | 1.058 times |
20 Wed Mar 2024 | 33.70 | 33.60 | 33.78 | 32.95 | 1.414 times |
19 Tue Mar 2024 | 34.29 | 34.47 | 34.74 | 34.00 | 0.834 times |
18 Mon Mar 2024 | 34.21 | 34.37 | 34.41 | 33.81 | 1.017 times |
15 Fri Mar 2024 | 34.58 | 35.08 | 35.32 | 34.38 | 0.759 times |
14 Thu Mar 2024 | 35.11 | 34.53 | 35.21 | 34.15 | 0.933 times |
13 Wed Mar 2024 | 34.54 | 34.61 | 34.90 | 34.35 | 0.851 times |
12 Tue Mar 2024 | 33.94 | 33.76 | 34.25 | 33.51 | 0.996 times |
11 Mon Mar 2024 | 34.00 | 33.75 | 34.04 | 33.38 | 1.101 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 33.4 as stoploss in an intra day buy trade for a target of 33.95. However, stock will show a bearish move below 33.4.
Share price targets for Torm Plc (TRMD)
Target Type | Value |
Downside Target | 26.10 |
Downside Target | 28.11 |
Downside Target | 31.00 |
Downside Target | 32.27 |
Upside Target | 34.25 |
Upside Target | 34.33 |
Upside Target | 34.74 |
Upside Target | 34.95 |
Upside Target | 35.32 |
Upside Target | 36.51 |
Upside Target | 37.11 |
Intraday share price targets for Torm Plc (TRMD)
Target Type | Value |
Downside Intraday Target | 32.79 |
Downside Intraday Target | 31.98 |
Upside Intraday Target | 34.58 |
Upside Intraday Target | 35.56 |
Upside Intraday Target | 33.77 |
Weekly technical analysis of Torm Plc (TRMD)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Fri Mar 2024 | 33.61 | 34.37 | 34.74 | 32.95 | 1.09 times |
15 Fri Mar 2024 | 34.58 | 33.75 | 35.32 | 33.38 | 1.019 times |
08 Fri Mar 2024 | 33.76 | 33.78 | 34.33 | 32.61 | 1.653 times |
01 Fri Mar 2024 | 33.80 | 34.11 | 34.95 | 33.50 | 1.111 times |
23 Fri Feb 2024 | 33.25 | 34.17 | 34.27 | 32.59 | 0.791 times |
Price has moved down 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 |
22 Fri Mar 2024 | 33.61 | 33.56 | 35.32 | 32.61 | 1.081 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 |
29 Fri Dec 2023 | 30.41 | 28.25 | 32.27 | 26.10 | 0.907 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Torm Plc ( (TRMD) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 SELL signal for Torm Plc in short term but the sell signal is initial and weak.
Torm Plc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Torm Plc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 34.21 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Torm Plc ( (TRMD) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 SELL signal for Torm Plc in short term but the sell signal is initial and weak.
Torm Plc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Torm Plc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 34.21 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.