THOR MEDICAL ASA (TRMED.OL) Stock Technical Analysis
OSL:TRMED - Euronext Oslo - NO0010597883 - Common Stock - Currency: NOK
We assign a technical rating of 5 out of 10 to TRMED. In the last year, TRMED was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that TRMED is one of the better performing stocks in the market, outperforming 96% of all stocks.
TRMED is one of the better performing stocks in the Biotechnology industry, it outperforms 92% of 71 stocks in the same industry.
In the last month TRMED has a been trading in the 1.94 - 3.02 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
TRMED has an average volume of 1434250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TRMED is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
TRMED has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 2.39, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.16
2.77
We found 2 important support areas.
- A support zone ranging from 2.34 to 2.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.18 to 2.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @2.51 from a horizontal line in the weekly time frame.
- Resistance @2.74 from a horizontal 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
CRS96.32
Mansfield3.81
10 Day High2.58
10 Day Low2.29
20 Day High3.02
20 Day Low1.94
52 Week High5
52 Week Low0.96
Performance
1 Week-3.81%
2 Weeks0.42%
1 Month-8.4%
3 Month-13.67%
6 Month75.44%
12 Month122.22%
2 YearN/A
3 YearN/A
5 YearN/A
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)0.01
RSI(14)50.23
LBB2.19
UBB2.58
OSL:TRMED (4/25/2025, 7:00:00 PM)
2.4
-0.06 (-2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.24%
1 Week-3.81%
2 Weeks0.42%
1 Month-8.4%
3 Month-13.67%
6 Month75.44%
12 Month122.22%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%7.31%
ATR Inc5.02%
Range Today0.19
ADR(20)0.17
ADR(20)%7.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.32
Mansfield3.81
10 Day High2.58
10 Day Low2.29
20 Day High3.02
20 Day Low1.94
52 Week High5
52 Week Low0.96
CS1 End2.39
CR1 Start2.51
Volume & EV
DER(3)-0.2%
DER(5)-0.22%
Volume415.02K
Volume Incr-70.27%
Vol(5)506.38K
Vol(50)1.43M