TORM PLC-A (TRMD) Stock Technical Analysis
NASDAQ:TRMD - Nasdaq - GB00BZ3CNK81 - Common Stock - Currency: USD
Overall TRMD gets a technical rating of 0 out of 10. TRMD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
87% of all other stocks performed better in the past year than TRMD.
TRMD is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 72% of 212 stocks in the same industry do better.
TRMD is currently trading near the lower end of its 52 week range, which is not a good sign. TRMD is lagging the S&P500 Index which is trading in the middle of its 52 week range.
TRMD has an average volume of 1034610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TRMD has a been trading in the 13.60 - 19.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
TRMD has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
15.44
18.70
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 15.87 to 16.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.00 from a trend line in the daily time frame.
- Resistance @18.51 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.41
Mansfield-4.05
10 Day High16.03
10 Day Low13.6
20 Day High19
20 Day Low13.6
52 Week High40.47
52 Week Low13.6
Performance
1 Week2.36%
2 Weeks4.07%
1 Month-18.79%
3 Month-23.49%
6 Month-48.03%
12 Month-52.34%
2 Year-50.24%
3 Year59.67%
5 Year83.53%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)43.5
LBB13.98
UBB16.8
15.6
+0.32 (+2.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.09%
1 Week2.36%
2 Weeks4.07%
1 Month-18.79%
3 Month-23.49%
6 Month-48.03%
12 Month-52.34%
2 Year-50.24%
3 Year59.67%
5 Year83.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%5.03%
ATR Inc-48.86%
Range Today0.37
ADR(20)0.65
ADR(20)%4.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.41
Mansfield-4.05
10 Day High16.03
10 Day Low13.6
20 Day High19
20 Day Low13.6
52 Week High40.47
52 Week Low13.6
CS1 EndN/A
CR1 Start15.87
Volume & EV
DER(3)-1.01%
DER(5)-2.19%
Volume530.00K
Volume Incr-39%
Vol(5)661.42K
Vol(50)1.03M