THOR MEDICAL ASA (TRMED.OL) Technical Analysis
OSL:TRMED • NO0010597883
Current stock price
TRMED.OL Technical Rating and Analysis
Taking everything into account, TRMED scores 6 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, we notice that TRMED is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by TRMED over the past year are nicely spread over this period.
- TRMED is one of the better performing stocks in the Biotechnology industry, it outperforms 83% of 80 stocks in the same industry.
- TRMED has an average volume of 2150270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- TRMED is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TRMED is lagging the market slightly.
- In the last month TRMED has a been trading in the 3.94 - 4.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TRMED.OL Weekly and Daily overview Charts
TRMED.OL Setup Rating and Analysis
TRMED has an average technical rating and also 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
TRMED.OL Support and Resistance Analysis
3.23
We found 3 important support areas.
- A support zone ranging from 4.24 to 4.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.03 to 4.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.26 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 4.50 to 4.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.62 to 4.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.91 from a horizontal line in the daily time frame.
- Resistance @5.26 from a horizontal line in the daily time frame.
TRMED.OL Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for TRMED.OL is down. |
| ChartMill Relative Strength | 91.27 | POSITIVE | TRMED.OL has a high relative strength, it outperformed 91.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TRMED.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRMED.OL is below 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) | 47.78 | NEUTRAL | The RSI value for TRMED.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TRMED.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.28 | NEUTRAL | The Stochastics value for TRMED.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.92 | HIGH VOLATILITY | The high ATR as a percentage value for TRMED.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 11.43 | NEGATIVE | The low ADX value for TRMED.OL suggests a weak or negative trend. |
TRMED.OL Chart- and CandleStick Pattern Analysis
TRMED.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:TRMED (3/30/2026, 4:18:45 PM)
4.48
-0.05 (-1.1%)
THOR MEDICAL ASA / TRMED.OL TA FAQ
Can you provide the ChartMill technical rating for THOR MEDICAL ASA?
ChartMill assigns a technical rating of 6 / 10 to TRMED.OL.
What is the current trend direction of THOR MEDICAL ASA (TRMED.OL) 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 47.7806. This indicates that the stock is currently neutral.
What is the MACD signal for TRMED stock?
The MACD indicator for THOR MEDICAL ASA (TRMED.OL) has a value of 0.00428174, indicating a bearish trend.
What is the support and resistance level for TRMED stock?
THOR MEDICAL ASA (TRMED.OL) has a support level at 4.27 and a resistance level at 4.5. Check the full technical report for our detailed analysis of TRMED.OL support and resistance levels.