THOR MEDICAL ASA (TRMED.OL) Stock Technical Analysis
OSL:TRMED - Euronext Oslo - NO0010597883 - Common Stock - Currency: NOK
Taking everything into account, TRMED scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
TRMED is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, TRMED did better than 97% of all other stocks. On top of that, TRMED also shows a nice and consistent pattern of rising prices.
TRMED is one of the better performing stocks in the Biotechnology industry, it outperforms 93% of 73 stocks in the same industry.
TRMED has an average volume of 1578380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TRMED is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TRMED is lagging the market.
Considerably lower volume is observed in the last couple of days.
TRMED 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
2.36
2.85
We found 2 important support areas.
- A support zone ranging from 2.42 to 2.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.38 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.48 to 2.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.65 to 2.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.82 from a trend 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 | 97.47 | POSITIVE | TRMED.OL has a high relative strength, it outperformed 97.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRMED.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TRMED.OL is below the rising 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) | 47.71 | 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. |
| Stochastics (14,3) | 25.27 | NEUTRAL | The Stochastics value for TRMED.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for TRMED.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 10.03 | NEGATIVE | The low ADX value for TRMED.OL suggests a weak or negative 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)
OSL:TRMED (8/6/2025, 12:37:29 PM)
2.47
0 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.2%
1 Week0.61%
2 Weeks-0.4%
1 Month0%
3 Month3.13%
6 Month-1.2%
12 Month142.17%
2 Year86.37%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%2.22%
ATR Inc95.57%
Range Today0.03
ADR(20)0.05
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.47
Mansfield0.41
10 Day High2.64
10 Day Low2.44
20 Day High2.64
20 Day Low2.4
52 Week High5
52 Week Low0.96
CS1 End2.46
CR1 Start2.48
Volume & EV
DER(3)-0.42%
DER(5)-0.24%
Volume24.77K
Volume Incr-30.84%
Vol(5)568.93K
Vol(50)1.58M