Mobile app version of munafa.best
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 707620

Date Daily Closing Price Open High Low Volume
25 Thu Apr 2024 34.03 33.46 34.19 33.46 0.957 times
24 Wed Apr 2024 33.37 33.59 33.95 33.21 0.7 times
23 Tue Apr 2024 33.35 32.56 33.57 32.56 0.725 times
22 Mon Apr 2024 32.77 32.26 32.88 32.26 0.56 times
19 Fri Apr 2024 32.73 32.23 32.77 32.23 0.579 times
18 Thu Apr 2024 32.17 32.82 32.86 32.05 1.08 times
17 Wed Apr 2024 33.06 33.23 33.86 33.06 1.024 times
16 Tue Apr 2024 33.23 32.70 33.24 32.39 1.073 times
15 Mon Apr 2024 32.80 33.08 33.58 32.65 1.955 times
12 Fri Apr 2024 35.33 36.20 36.25 35.22 1.198 times

My analysis of stock is bearish for shortterm, and stock might move down till 33.1 or till 31.7. Use a stoploss of 34.27 and if the stock hits stoploss, then it can shoot up till 35.46

Share price targets for Torm Plc (TRMD)

Target Type Value
Downside Target 26.10
Downside Target 31.00
Downside Target 32.05
Downside 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 32.8
Downside Intraday Target 31.56
Upside Intraday Target 34.73
Upside Intraday Target 35.42
Downside Intraday Target 33.49

Weekly technical analysis of Torm Plc (TRMD)

Date Weekly Closing Price Open High Low Volume
25 Thu Apr 2024 34.03 32.26 34.19 32.26 0.515 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
25 Thu Apr 2024 34.03 35.05 36.31 32.05 1.051 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 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 short 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 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 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.

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 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Torm Plc in short term and BUY signal is strong.

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 33.31 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 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 short 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 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 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.

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 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Torm Plc in short term and BUY signal is strong.

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 33.31 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme