TORM PLC-A (TRMD) Stock Technical Analysis
NASDAQ:TRMD - Nasdaq - GB00BZ3CNK81 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to TRMD. TRMD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, TRMD is a bad performer in the overall market: 88% of all stocks are doing better.
TRMD is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 77% of 210 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. The S&P500 Index is trading in the upper part of its 52 week range, so TRMD is lagging the market.
In the last month TRMD has a been trading in the 16.76 - 21.05 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
TRMD has an average volume of 1154400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of TRMD is bad and it also does not present a quality setup 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
17.18
22.37
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 18.21 to 18.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @22.15 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
CRS12.46
Mansfield-4.49
10 Day High19.58
10 Day Low16.76
20 Day High21.05
20 Day Low16.76
52 Week High40.47
52 Week Low16.76
Performance
1 Week-7.76%
2 Weeks-10.93%
1 Month-17.3%
3 Month-11.61%
6 Month-47.49%
12 Month-48.61%
2 Year-44.27%
3 Year95.82%
5 Year129.3%
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)-0.19
RSI(14)31.22
LBB16.9
UBB20.22
17.35
-0.27 (-1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.53%
1 Week-7.76%
2 Weeks-10.93%
1 Month-17.3%
3 Month-11.61%
6 Month-47.49%
12 Month-48.61%
2 Year-44.27%
3 Year95.82%
5 Year129.3%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%3.92%
ATR Inc23.18%
Range Today0.66
ADR(20)0.63
ADR(20)%3.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.46
Mansfield-4.49
10 Day High19.58
10 Day Low16.76
20 Day High21.05
20 Day Low16.76
52 Week High40.47
52 Week Low16.76
CS1 EndN/A
CR1 Start18.21
Volume & EV
DER(3)1.74%
DER(5)2.02%
Volume1.18M
Volume Incr32.25%
Vol(5)1.21M
Vol(50)1.15M