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Stock Trend Analysis Report

Prepared for you on Sunday, June 4, 2023.

TORM plc - Class A (NASDAQ:TRMD)

Long-Term Downtrend (-90) - TRMD is in a strong downtrend that is likely to continue. While TRMD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

Open High Low TRMD Price Change
25.590 25.895 25.370 25.810 +0.590
Entry Signal

MarketClub’s Trade Triangles for TRMD

long term down The long-term trend has been DOWN since May 24th, 2023 at 25.63

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2023 at 29.37

short term down The short-term trend has been DOWN since May 22nd, 2023 at 26.71

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).

Smart Scan Analysis for TRMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.590 25.895 25.370 25.810 +0.590
Prev. Close Volume Bid Ask Time
25.800 209632 2023-06-02 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 Low11.004852wk Low Date2022-07-06
Average Volume381,545Shares Outstanding74,856
Market Cap597MAssets242,110,000M
Liabilities120,640,000MP/E Ratio22.3186
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