Technical Analysis for TRMD - TORM plc

Grade Last Price % Change Price Change
C 29.14 0.41% 0.12
TRMD closed up 0.41 percent on Wednesday, February 8, 2023, on 80 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
MACD Bullish Centerline Cross Bullish 0.00%
NR7 Range Contraction 0.00%
Upper Bollinger Band Walk Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Stochastic Reached Overbought Strength 0.41%
Gapped Up Strength 0.41%
Overbought Stochastic Strength 0.41%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Rose Above Previous Day's High about 7 hours ago
Possible NR7 about 8 hours ago
Possible Inside Day about 8 hours ago
Up 1% about 9 hours ago
60 Minute Opening Range Breakout about 11 hours ago

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

TORM PLC owns and operates product tankers & dry bulk carriers. Its products include naphtha, gasoline, gas oil, jet fuel, & diesel oil.
Classification

Sector: Industrials
Industry: Shipping & Ports
Keywords: Petroleum Products Chemical Substances Tanker Ships Bulk Carrier Liquid Fuels Gas Oil Singapore Petroleum Company Oil Refinery

Is TRMD a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 31.65
52 Week Low 7.11
Average Volume 271,958
200-Day Moving Average 20.63
50-Day Moving Average 27.82
20-Day Moving Average 26.46
10-Day Moving Average 26.43
Average True Range 1.25
RSI 61.39
ADX 21.52
+DI 31.66
-DI 20.31
Chandelier Exit (Long, 3 ATRs) 25.85
Chandelier Exit (Short, 3 ATRs) 26.80
Upper Bollinger Bands 29.57
Lower Bollinger Band 23.36
Percent B (%b) 0.93
BandWidth 23.47
MACD Line 0.11
MACD Signal Line -0.42
MACD Histogram 0.5232
Fundamentals Value
Market Cap 2.17 Billion
Num Shares 74.3 Million
EPS 3.69
Price-to-Earnings (P/E) Ratio 7.89
Price-to-Sales 0.66
Price-to-Book 0.53
Dividend 0.95
Dividend Yield 3.26%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.31
Resistance 3 (R3) 30.33 29.96 30.12
Resistance 2 (R2) 29.96 29.66 29.95 30.05
Resistance 1 (R1) 29.55 29.48 29.76 29.53 29.98
Pivot Point 29.18 29.18 29.28 29.17 29.18
Support 1 (S1) 28.77 28.88 28.98 28.75 28.30
Support 2 (S2) 28.40 28.70 28.39 28.23
Support 3 (S3) 27.99 28.40 28.17
Support 4 (S4) 27.97