THOR MEDICAL ASA (TRMED.OL) Stock Technical Analysis
Europe - OSL:TRMED - NO0010597883 - Common Stock
Taking everything into account, TRMED scores 5 out of 10 in our technical rating. TRMED has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
TRMED has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
2.36
We found 8 important support areas.
- A support zone ranging from 3.50 to 3.52. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @3.34 from a horizontal line in the daily time frame.
- Support @3.27 from a horizontal line in the daily time frame.
- Support @2.77 from a trend line in the weekly time frame.
- Support @2.70 from a trend line in the daily time frame.
- Support @2.64 from a trend line in the weekly time frame.
- Support @2.54 from a trend line in the daily time frame.
- Support @2.38 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @3.85 from a horizontal line in the daily time frame.
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 TRMED.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRMED.OL is neutral. |
| ChartMill Relative Strength | 67.47 | NEUTRAL | TRMED.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRMED.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TRMED.OL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRMED.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.27 | NEUTRAL | The RSI value for TRMED.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TRMED.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.98 | NEUTRAL | The Stochastics value for TRMED.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for TRMED.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 11.25 | NEGATIVE | The low ADX value for TRMED.OL suggests a weak or negative trend. |
OSL:TRMED (11/20/2025, 4:19:49 PM)
3.72
+0.2 (+5.68%)
THOR MEDICAL ASA / TRMED.OL FAQ
Can you provide the ChartMill technical rating for THOR MEDICAL ASA?
ChartMill assigns a technical rating of 5 / 10 to TRMED.OL.
What is the trend direction for TRMED stock?
The current trend direction for THOR MEDICAL ASA (TRMED.OL) is Bullish.
What is the RSI signal for TRMED stock?
THOR MEDICAL ASA (TRMED.OL) has an RSI value of 55.2736. This indicates that the stock is currently neutral.
What is the MACD signal for THOR MEDICAL ASA (TRMED.OL) stock?
The MACD indicator for THOR MEDICAL ASA (TRMED.OL) has a value of -0.00209372, indicating a bearish trend.
Can you provide the support and resistance levels for THOR MEDICAL ASA?
THOR MEDICAL ASA (TRMED.OL) has a support level at 3.52 and a resistance level at 3.85. Check the full technical report for our detailed analysis of TRMED.OL support and resistance levels.