THOR MEDICAL ASA (TRMED.OL) Stock Technical Analysis
OSL:TRMED • NO0010597883
Overall TRMED gets a technical rating of 10 out of 10. Both in the recent history as in the last year, TRMED has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, TRMED did better than 96% of all other stocks. We also observe that the gains produced by TRMED over the past year are nicely spread over this period.
- TRMED is part of the Biotechnology industry. There are 81 other stocks in this industry. TRMED outperforms 91% of them.
- TRMED 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.
- TRMED has an average volume of 1727790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month TRMED has a been trading in the 4.62 - 5.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although TRMED has an excellent technical rating, the quality of the presented setup is not ideal 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
2.82
When analyzing the support we can see 5 important areas.
- A support zone ranging from 4.75 to 4.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.65 to 4.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.41 from a trend line in the daily time frame.
- Support @3.08 from a trend line in the weekly time frame.
- Support @2.85 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for TRMED.OL is up. |
| ChartMill Relative Strength | 96.51 | POSITIVE | TRMED.OL has a high relative strength, it outperformed 96.51% off all stocks 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) | UP | POSITIVE | The current price of TRMED.OL is above 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) | 56.02 | NEUTRAL | The RSI value for TRMED.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TRMED.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.51 | NEUTRAL | The Stochastics value for TRMED.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for TRMED.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.95 | NEGATIVE | The low ADX value for TRMED.OL suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.50 | 4.63 | 0.87 (15.82%) | 6.32% |
| An entry @5.50. This is a Buy Stop order right above the 10 day high. | An exit @4.63. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.87 points, which is 15.82%. | When investing 6.32% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:TRMED (2/13/2026, 3:36:39 PM)
5.13
-0.16 (-3.02%)
THOR MEDICAL ASA / TRMED.OL FAQ
Can you provide the ChartMill technical rating for THOR MEDICAL ASA?
ChartMill assigns a technical rating of 10 / 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 56.0215. 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 0.0243221, indicating a bearish trend.
What is the support and resistance level for TRMED stock?
THOR MEDICAL ASA (TRMED.OL) has a support level at 4.79. Check the full technical report for our detailed analysis of TRMED.OL support and resistance levels.