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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
$36.15
$0.73(2.06%)
U.S. Market opens in 7h 34m

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:Bullish (RSI: 60.31)
Trend Strength:Weak (ADX: 18.03)
Volatility:Medium (ATR: 1.35)
Support/Resistance:$32.87 – $37.58 (Bollinger Bands)

Technical conditions suggest TORM plc on the NASDAQ is awaiting a decisive move. This mix signals that TORM plc is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 60.31

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 45.34

Neutral
Mid-range signal with no clear trend.

Williams %R: -41.43

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 1.86

Bullish
Steady upward momentum.

Takeaway:TORM plc shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.94

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.03

Weak
Weak trend, market trading sideways.

ATR (14): 1.35

Low
Low volatility, stable price action.

CCI (14): 30.80

Bullish
Bullish, momentum building upward.

Takeaway:TORM plc shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$37.58
Middle Band (SMA 20)
$35.23
Lower Band
$32.87
Current Position
Within Bands

Takeaway:TORM plc trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$37.47
Middle Line (EMA 20)
$34.77
Lower Channel
$32.07
Squeeze Status
Squeeze On

Takeaway:TORM plc trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume2.18M
Money Flow Index35.47Bearish, selling pressure outweighs inflows.
Relative Vigor Index62.91Bullish, price momentum strongly favors buyers.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

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

Overall Recommendation:Technical indicators for TORM plc are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: TRMD) Technical Analysis FAQ