TORM PLC-A (TRMD) Stock Technical Analysis
NASDAQ:TRMD - Nasdaq - GB00BZ3CNK81 - Common Stock - Currency: USD
Overall TRMD gets a technical rating of 1 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
92% 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. 88% 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TRMD has a been trading in the 18.96 - 23.20 range, which is quite wide. It is currently trading near the lows of this range.
TRMD has an average volume of 1309940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TRMD has a poor technical rating and the quality of the setup is also only medium 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
19.19
38.54
2 important support areas can be observed.
- A support zone ranging from 19.70 to 19.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.38 from a trend line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @19.87 from a horizontal line in the daily time frame.
- Resistance @21.00 from a trend line in the daily time frame.
- Resistance @22.18 from a horizontal line in the weekly time frame.
- Resistance @22.75 from a trend line in the daily time frame.
- Resistance @38.16 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.22
Mansfield-4.28
10 Day High22.13
10 Day Low19.01
20 Day High23.2
20 Day Low18.96
52 Week High40.47
52 Week Low17.77
Performance
1 Week1.02%
2 Weeks-11.14%
1 Month4.53%
3 Month-22.87%
6 Month-45.59%
12 Month-41.74%
2 Year-22.69%
3 Year182.1%
5 Year135.03%
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)-0.11
RSI(14)46.57
LBB17.75
UBB23.29
TORM PLC-A
NASDAQ:TRMD (1/30/2025, 8:00:01 PM)
After market: 19.9 +0.04 (+0.2%)19.86
+0.34 (+1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.74%
1 Week1.02%
2 Weeks-11.14%
1 Month4.53%
3 Month-22.87%
6 Month-45.59%
12 Month-41.74%
2 Year-22.69%
3 Year182.1%
5 Year135.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%4.14%
ATR Inc-52.52%
Range Today0.42
ADR(20)0.66
ADR(20)%3.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.22
Mansfield-4.28
10 Day High22.13
10 Day Low19.01
20 Day High23.2
20 Day Low18.96
52 Week High40.47
52 Week Low17.77
CS1 End19.76
CR1 Start19.87
Volume & EV
DER(3)0.47%
DER(5)0.39%
Volume760.40K
Volume Incr-36.28%
Vol(5)893.90K
Vol(50)1.31M