THOR MEDICAL ASA (TRMED.OL) Stock Technical Analysis
Europe - OSL:TRMED - NO0010597883 - Common Stock
3.575 NOK
-0.02 (-0.56%)
We assign a technical rating of 9 out of 10 to TRMED. In the last year, TRMED was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month TRMED has a been trading in the 3.17 - 4.80 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, TRMED did better than 97% 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 one of the better performing stocks in the Biotechnology industry, it outperforms 88% of 73 stocks in the same industry.
TRMED has an average volume of 3796430 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.
Although TRMED has an excellent technical rating, it does not present a decent entry opportunity 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
3.79
We found 6 important support areas.
- Support @3.39 from a trend line in the daily time frame.
- A support zone ranging from 3.24 to 3.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.61 from a trend line in the weekly time frame.
- Support @2.56 from a trend line in the daily time frame.
- Support @2.44 from a horizontal line in the daily time frame.
- Support @2.38 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.75 to 3.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 97.03 | POSITIVE | TRMED.OL has a high relative strength, it outperformed 97.03% 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 | 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) | 49.62 | NEUTRAL | The RSI value for TRMED.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests TRMED.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.51 | NEUTRAL | The Stochastics value for TRMED.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 8.37 | HIGH VOLATILITY | The high ATR as a percentage value for TRMED.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 29.14 | POSITIVE | The high ADX value value for TRMED.OL suggests a strong 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 (10/7/2025, 7:00:00 PM)
3.575
-0.02 (-0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.56%
1 Week9.33%
2 Weeks-3.25%
1 Month-3.12%
3 Month44.15%
6 Month48.65%
12 Month121.77%
2 Year181.5%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%8.37%
ATR Inc-38.58%
Range Today0.17
ADR(20)0.29
ADR(20)%8.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.03
Mansfield2.28
10 Day High3.8
10 Day Low3.18
20 Day High4.8
20 Day Low3.18
52 Week High5
52 Week Low1.28
CS1 End3.39
CR1 Start3.75
Volume & EV
DER(3)0.17%
DER(5)0.38%
Volume999.73K
Volume Incr-57.56%
Vol(5)2.46M
Vol(50)3.80M