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Stock Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

TORM plc - Class A (NASDAQ:TRMD)

Weak Downtrend (-65) - TRMD is showing signs of a strengthening downtrend. Monitor TRMD as it may be building momentum to the downside.

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
28.5400 28.6995 28.1100 28.1900 -0.1900
Entry Signal

MarketClub’s Trade Triangles for TRMD

long term up The long-term trend has been UP since Sep 22nd, 2023 at 28.2

intermediate term down The intermediate-term trend has been DOWN since Nov 28th, 2023 at 29.3

short term down The short-term trend has been DOWN since Nov 21st, 2023 at 31.0

Smart Scan Analysis for TRMD

Based on our trend formula, TRMD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for TRMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.5400 28.6995 28.1100 28.1900 -0.1900
Prev. Close Volume Bid Ask Time
28.3800 696440 2023-11-30 15:59:50
Year High8.25Year High Date2018-03-13
Year Low4.37Year Low Date2018-10-15
52wk High36.652wk High Date2023-03-01
52wk Low22.3152wk Low Date2023-07-21
Average Volume726,316Shares Outstanding74,856
Market Cap597MAssets280,810,000M
Liabilities124,090,000MP/E Ratio21.5044
Volatility115.24
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