TORM PLC-A (TRMD) Stock Technical Analysis
NASDAQ:TRMD - GB00BZ3CNK81 - Common Stock
20.83 USD
+0.32 (+1.56%)
Taking everything into account, TRMD scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, TRMD is a bad performer.
82% of all other stocks performed better in the past year than TRMD.
TRMD is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry, of which 70% are performing better than TRMD.
The long and short term trends are both positive. This is looking good!
In the last month TRMD has a been trading in the 18.00 - 21.28 range, which is quite wide. It is currently trading near the high of this range.
TRMD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TRMD is lagging the market.
TRMD has an excellent technical rating, but the quality of the setup is 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
16.05
21.45
When analyzing the support we can see 3 important areas.
- A support zone ranging from 18.97 to 19.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.40 to 18.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @16.21 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.98 to 21.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TRMD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRMD is up. |
| ChartMill Relative Strength | 18.69 | NEGATIVE | TRMD has a low relative strength, it was outperformed by 81.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRMD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TRMD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.77 | NEUTRAL | The RSI value for TRMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests TRMD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.21 | OVERBOUGHT | The high Stochastics value suggests TRMD may be overbought. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for TRMD suggests some volalility. |
| Average Directional Index/ADX (14) | 25.15 | POSITIVE | The high ADX value value for TRMD suggests a strong trend. |
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)
NASDAQ:TRMD (8/27/2025, 11:13:06 AM)
20.83
+0.32 (+1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.56%
1 Week1.99%
2 Weeks9.27%
1 Month6.38%
3 Month28.35%
6 Month16.6%
12 Month-43.17%
2 Year-16.83%
3 Year4.64%
5 Year193%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%3.35%
ATR Inc-27.88%
Range Today0.43
ADR(20)0.57
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.69
Mansfield-1.08
10 Day High21.28
10 Day Low18.69
20 Day High21.28
20 Day Low18
52 Week High36.78
52 Week Low13.6
CS1 End19.27
CR1 Start20.98
Volume & EV
DER(3)-1.35%
DER(5)1.63%
Volume216.32K
Volume Incr11.25%
Vol(5)889.62K
Vol(50)827.95K