(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 2024-04-17 View latest technical analysis
10 day averaged volume of Torm Plc is 822890
Date | Daily Closing Price | Open | High | Low | Volume |
17 Wed Apr 2024 | 33.06 | 33.23 | 33.86 | 33.06 | 0.88 times |
16 Tue Apr 2024 | 33.23 | 32.70 | 33.24 | 32.39 | 0.923 times |
15 Mon Apr 2024 | 32.80 | 33.08 | 33.58 | 32.65 | 1.681 times |
12 Fri Apr 2024 | 35.33 | 36.20 | 36.25 | 35.22 | 1.03 times |
11 Thu Apr 2024 | 35.83 | 35.80 | 36.25 | 35.66 | 0.952 times |
10 Wed Apr 2024 | 34.79 | 34.36 | 35.10 | 34.29 | 0.859 times |
09 Tue Apr 2024 | 34.58 | 35.40 | 35.62 | 34.45 | 0.999 times |
08 Mon Apr 2024 | 35.06 | 35.19 | 35.19 | 34.63 | 0.762 times |
05 Fri Apr 2024 | 35.37 | 35.38 | 35.68 | 35.25 | 0.63 times |
04 Thu Apr 2024 | 35.27 | 36.08 | 36.10 | 35.27 | 0.783 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 33.6, but if it comes above 33.6, then a intra day buy could be more profitable.
If you take a sell trade below 33.6, then use 33.6 as stoploss and 32.5 as target. However if you take a buy trade in stock , then use 33.6 as stoploss and 34.54 as target.
Share price targets for Torm Plc (TRMD)
Target Type | Value |
Downside Target | 26.10 |
Downside Target | 31.00 |
Downside Target | 32.27 |
Upside Target | 33.64 |
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 | 32.35 |
Downside Intraday Target | 31.63 |
Upside Intraday Target | 33.82 |
Upside Intraday Target | 34.57 |
Upside Intraday Target | 33.1 |
Weekly technical analysis of Torm Plc (TRMD)
Date | Weekly Closing Price | Open | High | Low | Volume |
17 Wed Apr 2024 | 33.06 | 33.08 | 33.86 | 32.39 | 0.757 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 |
17 Wed Apr 2024 | 33.06 | 35.05 | 36.31 | 32.39 | 0.799 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 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 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 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 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 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.
Torm Plc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 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 34.37 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 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 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 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 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 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.
Torm Plc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 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 34.37 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.