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Stock Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Torm Plc CL A (NASDAQ:TRMD)

Sidelines Mode (+55) - TRMD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
7.9000 8.2400 7.7515 8.1000 -0.2100
Entry Signal

MarketClub’s Trade Triangles for TRMD

long term up The long-term trend has been UP since Jan 5th, 2021 at 7.6463

intermediate term up The intermediate-term trend has been UP since Feb 8th, 2021 at 7.9000

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 8.4500

Smart Scan Analysis for TRMD

Based on our trend formula, TRMD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for TRMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.9000 8.2400 7.7515 8.1000 -0.2100
Prev. Close Volume Bid Ask Time
8.3100 72974 2021-03-01 11:56:58
Year High8.25Year High Date2018-03-13
Year Low4.37Year Low Date2018-10-15
52wk High48.8652wk High Date2020-04-21
52wk Low6.3452wk Low Date2020-09-08
Average Volume89,559Shares Outstanding74,748
Market Cap597MAssets171,440,000M
Liabilities867,189,000MVolatility115.24
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