TORM PLC-A (TRMD)

GB00BZ3CNK81 - Common Stock

35.8  +0.87 (+2.49%)

After market: 35.8 0 (0%)

Technical Rating and Analysis

8

Overall TRMD gets a technical rating of 8 out of 10. Both in the recent history as in the last year, TRMD has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that TRMD is one of the better performing stocks in the market, outperforming 74% of all stocks.
TRMD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month TRMD has a been trading in the 32.05 - 36.25 range, which is quite wide. It is currently trading near the high of this range.
TRMD is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, TRMD did better than 48% of them.
Weekly and Daily overview Charts
TRMD Weekly chart
TRMD Daily chart
Setup Rating and Analysis

1

Although TRMD has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

29.43

36.95

4 important support areas can be observed.

  • A support zone ranging from 33.61 to 34.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 32.72 to 33.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 31.95 to 32.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @29.73 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 36.35 to 36.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.77
Mansfield0.54
10 Day High35.45
10 Day Low33.21
20 Day High36.25
20 Day Low32.05
52 Week High37.11
52 Week Low22.31
Performance
1 Week1.45%
2 Weeks4.74%
1 Month1.01%
3 Month4.02%
6 Month12.06%
12 Month25.96%
2 Year160.67%
3 Year272.39%
5 Year288.62%
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)0.14
RSI(14)55.84
LBB32.17
UBB35.7
TRMD Daily chart

TORM PLC-A

NASDAQ:TRMD (5/8/2024, 3:01:22 PM)

After market: 35.8 0 (0%)

35.8

+0.87 (+2.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.49%
1 Week1.45%
2 Weeks4.74%
1 Month1.01%
3 Month4.02%
6 Month12.06%
12 Month25.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.72
ATR(20)%2.53%
ATR Inc
Range Today1.27
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High35.45
10 Day Low33.21
20 Day High36.25
20 Day Low32.05
52 Week High37.11
52 Week Low22.31
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.22M
Volume Incr-11.58%
Vol(5)595.46K
Vol(50)638.04K