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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
TORM plc - Class A (NASDAQ:TRMD)
Long-Term Uptrend (+90) - TRMD is in a strong uptrend that is likely to continue. While TRMD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid TRMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRMD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TRMD
The long-term trend has been UP since Sep 22nd, 2023 at 28.20
The intermediate-term trend has been UP since May 6th, 2024 at 34.90
The short-term trend has been UP since May 3rd, 2024 at 34.85
Smart Scan Analysis for TRMD
Based on our trend formula, TRMD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 35.90 | 36.89 | 35.62 | 35.85 | +0.92 |
| Prev. Close | Volume | Bid | Ask | Time |
| 35.80 | 2156351 | 2024-05-08 15:59:44 |
| Year High | 8.25 | Year High Date | 2018-03-13 |
| Year Low | 4.37 | Year Low Date | 2018-10-15 |
| 52wk High | 37.11 | 52wk High Date | 2024-01-29 |
| 52wk Low | 22.31 | 52wk Low Date | 2023-07-21 |
| Average Volume | 630,111 | Shares Outstanding | 74,856 |
| Market Cap | 597M | Assets | 287,014,700M |
| Liabilities | 120,616,200M | P/E Ratio | 4.6698 |
| Volatility | 115.24 |