TRMD NEWS why is Torm Plc price falling or rising

TRMD NEWS reasons for why stock price of Torm Plc is falling or rising

TRMD Torm Plc is falling or rising technical reasons

Technical analysis forecast for Torm Plc Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Torm Plc TRMD at this time. Stock is falling and might fall more.

It appears as if Torm Plc TRMD gave a large move recently.

Stock of Torm Plc (TRMD) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for Torm Plc is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 21.5, for a target of 23.2 or 24.58

TRMD Torm Plc is falling or rising NEWS fundamental reasons

More announcements and NEWS

TRMD Torm Plc current price & indicator signals

Moving Averages for Torm Plc

  • 5Day Average: 22.96
  • 12Day Average: 23.38
  • 20Day Average: 24.33
  • 50Day Average: 29.16
  • 100Day Average: 32.94
  • 150Day Average: 34.22
  • 200Day Average: 34.18

TRMD Indicators & signals

Indicator MACD (12,26,9)

23.51, 25.37, -1.92
Indicator MACD is in negative zone

Indicator ADX (14)

55.17, 14.61, 50.56
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 41
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of TRMD Torm Plc are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Fri Nov 2024 21.89 21.25 to 21.90 0.83% 0.88 times
21 Thu Nov 2024 21.71 21.52 to 22.40 -8.82% 1.4 times
20 Wed Nov 2024 23.81 23.71 to 24.38 -0.67% 1.03 times
19 Tue Nov 2024 23.97 23.47 to 24.04 2.3% 0.76 times
18 Mon Nov 2024 23.43 22.99 to 23.53 2.54% 0.95 times
15 Fri Nov 2024 22.85 22.72 to 23.64 -3.3% 1 times
14 Thu Nov 2024 23.63 23.50 to 24.32 -0.42% 0.9 times
13 Wed Nov 2024 23.73 23.00 to 24.08 3.4% 1.35 times
12 Tue Nov 2024 22.95 22.77 to 23.55 -3.57% 0.91 times
11 Mon Nov 2024 23.80 23.75 to 24.11 -0.71% 0.7 times
08 Fri Nov 2024 23.97 23.75 to 24.87 -3.31% 0.99 times
07 Thu Nov 2024 24.79 24.64 to 25.55 0.16% 1.34 times

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TRMD NEWS why is Torm Plc price falling or rising

 

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