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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

TORM plc - Class A (NASDAQ:TRMD)

Strong Uptrend (+100) - TRMD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TRMD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

NASDAQ_TRMD
Open High Low TRMD Price Change
34.36 35.00 34.00 34.93 +0.66
Entry Signal

MarketClub’s Trade Triangles for TRMD

long term up The long-term trend has been UP since Sep 22nd, 2023 at 28.20

intermediate term up The intermediate-term trend has been UP since Feb 28th, 2024 at 34.89

short term up The short-term trend has been UP since Mar 27th, 2024 at 34.17

Smart Scan Analysis for TRMD

Based on our trend formula, TRMD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for TRMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.36 35.00 34.00 34.93 +0.66
Prev. Close Volume Bid Ask Time
34.27 492416 2024-03-28 15:59:59
Year High8.25Year High Date2018-03-13
Year Low4.37Year Low Date2018-10-15
52wk High37.1152wk High Date2024-01-29
52wk Low22.3152wk Low Date2023-07-21
Average Volume642,955Shares Outstanding74,856
Market Cap597MAssets280,810,000M
Liabilities124,090,000MP/E Ratio21.5044
Volatility115.24
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