(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 2024-04-15 View latest technical analysis
10 day averaged volume of Torm Plc is 747340
Date | Daily Closing Price | Open | High | Low | Volume |
15 Mon Apr 2024 | 32.80 | 33.08 | 33.58 | 32.65 | 1.851 times |
12 Fri Apr 2024 | 35.33 | 36.20 | 36.25 | 35.22 | 1.134 times |
11 Thu Apr 2024 | 35.83 | 35.80 | 36.25 | 35.66 | 1.048 times |
10 Wed Apr 2024 | 34.79 | 34.36 | 35.10 | 34.29 | 0.946 times |
09 Tue Apr 2024 | 34.58 | 35.40 | 35.62 | 34.45 | 1.1 times |
08 Mon Apr 2024 | 35.06 | 35.19 | 35.19 | 34.63 | 0.839 times |
05 Fri Apr 2024 | 35.37 | 35.38 | 35.68 | 35.25 | 0.694 times |
04 Thu Apr 2024 | 35.27 | 36.08 | 36.10 | 35.27 | 0.862 times |
03 Wed Apr 2024 | 36.20 | 35.35 | 36.31 | 35.26 | 1.522 times |
02 Tue Apr 2024 | 35.25 | 35.18 | 35.38 | 34.84 | 0.807 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 32.9, for a target of 33.8 or 34.65
Share price targets for Torm Plc (TRMD)
Target Type | Value |
Downside Target | 26.10 |
Downside Target | 31.00 |
Downside Target | 32.27 |
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 | 32.44 |
Downside Intraday Target | 32.08 |
Upside Intraday Target | 33.37 |
Upside Intraday Target | 33.94 |
Upside Intraday Target | 33.01 |
Weekly technical analysis of Torm Plc (TRMD)
Date | Weekly Closing Price | Open | High | Low | Volume |
15 Mon Apr 2024 | 32.80 | 33.08 | 33.58 | 32.65 | 0.365 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 |
22 Fri Mar 2024 | 33.61 | 34.37 | 34.74 | 32.95 | 1.09 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 |
15 Mon Apr 2024 | 32.80 | 35.05 | 36.31 | 32.65 | 0.684 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 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 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 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 green color and prices are in or below the green 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 34.91 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 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 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 green color and prices are in or below the green 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 34.91 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.