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TORM plc

TRMD Technical Analysis Summary (NASDAQ)

Analyze TRMD on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

TRMD●NASDAQ
IndustrialsMarine Shipping
$36.09
$1.79(5.22%)
U.S. Market is Open · 13:25

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

TRMD Technical Analysis Summary (NASDAQ)

TORM plc (NASDAQ: TRMD) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 41.20)
Trend Strength:Moderate (ADX: 26.86)
Volatility:Medium (ATR: 1.74)
Support/Resistance:$33.09 – $43.89 (Bollinger Bands)

Technical conditions suggest TORM plc on the NASDAQ is awaiting a decisive move. Technical conditions suggest TORM plc is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 41.20

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 12.56

Bullish
Oversold zone signals rebound potential.

Williams %R: -77.64

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -8.23

Strongly Bearish
Sharp downside momentum.

Takeaway:TORM plc shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.76

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 26.86

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.74

Low
Low volatility, stable price action.

CCI (14): -81.10

Bearish
Bearish, momentum remains under pressure.

Takeaway:TORM plc shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$43.89
Middle Band (SMA 20)
$38.49
Lower Band
$33.09
Current Position
Within Bands

Takeaway:TORM plc trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$41.16
Middle Line (EMA 20)
$37.67
Lower Channel
$34.18
Squeeze Status
No Squeeze

Takeaway:TORM plc trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.95M
Money Flow Index43.38Neutral, balanced money flows with no clear signal.
Relative Vigor Index58.44Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:TRMD shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of TORM plc (NASDAQ: TRMD), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:TORM plc shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: TRMD) Technical Analysis FAQ