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Stock Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

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
7.8500 8.2495 7.8500 8.0500 +0.2300
Entry Signal

MarketClub’s Trade Triangles for TRMD

long term down The long-term trend has been DOWN since Nov 22nd, 2021 at 7.24

intermediate term down The intermediate-term trend has been DOWN since Nov 10th, 2021 at 7.90

short term up The short-term trend has been UP since Dec 7th, 2021 at 7.54

Smart Scan Analysis for TRMD

Based on our trend formula, TRMD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for TRMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.8500 8.2495 7.8500 8.0500 +0.2300
Prev. Close Volume Bid Ask Time
7.8200 282997 2021-12-08 15:58:03
Year High8.25Year High Date2018-03-13
Year Low4.37Year Low Date2018-10-15
52wk High10.1652wk High Date2021-05-24
52wk Low6.9352wk Low Date2021-12-01
Average Volume154,998Shares Outstanding74,856
Market Cap597MAssets199,930,000M
Liabilities995,700,000MP/E Ratio55.8571
Volatility115.24
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