TORM PLC-A (TRMD) Stock Technical Analysis
USA - NASDAQ:TRMD - GB00BZ3CNK81 - Common Stock
20.39 USD
-0.99 (-4.63%)
20.39 USD
0 (0%)
Overall TRMD gets a technical rating of 5 out of 10. TRMD was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
83% 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. 68% of 211 stocks in the same industry do better.
In the last month TRMD has a been trading in the 20.32 - 23.51 range, which is quite wide. It is currently trading near the lows of this range.
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!
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 average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
19.66
23.63
2 important support areas can be observed.
- A support zone ranging from 20.38 to 20.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.86 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 21.09 to 21.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.02 to 23.40. 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 | NEUTRAL | NEUTRAL | The short term trend for TRMD is neutral. |
| ChartMill Relative Strength | 17.34 | NEGATIVE | TRMD has a low relative strength, it was outperformed by 82.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRMD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TRMD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRMD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.49 | NEUTRAL | The RSI value for TRMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests TRMD has a negative trend. |
| Stochastics (14,3) | 27.51 | NEUTRAL | The Stochastics value for TRMD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for TRMD suggests some volalility. |
| Average Directional Index/ADX (14) | 20.8 | NEUTRAL | The ADX value for TRMD suggests a possible start of a new 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)
20.39
-0.99 (-4.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-4.63%
1 Week-1.12%
2 Weeks-8.15%
1 Month-11.42%
3 Month11.85%
6 Month28.56%
12 Month-35.56%
2 Year-32.82%
3 Year-24.48%
5 Year211.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%3.04%
ATR Inc54.29%
Range Today0.56
ADR(20)0.48
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.34
Mansfield-0.68
10 Day High22.27
10 Day Low20.32
20 Day High23.51
20 Day Low20.32
52 Week High31.44
52 Week Low13.6
CS1 End20.38
CR1 Start21.09
Volume & EV
DER(3)-5.71%
DER(5)-4.13%
Volume890.72K
Volume Incr-7.35%
Vol(5)653.56K
Vol(50)751.44K