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Stock Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

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
34.4800 34.6592 33.9050 33.9500 -0.9700
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 down The intermediate-term trend has been DOWN since Jun 4th, 2024 at 36.36

short term down The short-term trend has been DOWN since Jun 11th, 2024 at 36.36

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
34.4800 34.6592 33.9050 33.9500 -0.9700
Prev. Close Volume Bid Ask Time
33.9600 869308 2024-06-14 15:59:56
Year High8.25Year High Date2018-03-13
Year Low4.37Year Low Date2018-10-15
52wk High38.5152wk High Date2024-05-20
52wk Low22.3152wk Low Date2023-07-21
Average Volume896,110Shares Outstanding74,856
Market Cap597MAssets350,780,000M
Liabilities144,420,000MP/E Ratio4.6684
Volatility115.24
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