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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

TORM plc - Class A (NASDAQ:TRMD)

Weak Uptrend (+65) - TRMD is showing signs of weakening momentum to the upside. Monitor TRMD as it may be in the beginning stages of a reversal.

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
37.500 37.610 37.085 37.490 -0.060
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 Jun 24th, 2024 at 37.47

short term down The short-term trend has been DOWN since Jul 25th, 2024 at 37.83

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
37.500 37.610 37.085 37.490 -0.060
Prev. Close Volume Bid Ask Time
37.550 420048 2024-07-26 15:59:51
Year High8.25Year High Date2018-03-13
Year Low4.37Year Low Date2018-10-15
52wk High40.4752wk High Date2024-07-23
52wk Low22.852wk Low Date2023-07-28
Average Volume492,608Shares Outstanding74,856
Market Cap597MAssets350,780,000M
Liabilities144,420,000MP/E Ratio5.0201
Volatility115.24
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