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Stock Trend Analysis Report

Prepared for you on Wednesday, December 1, 2021.

TORM plc - Class A (NASDAQ:TRMD)

Countertrend Down (-85) - TRMD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
7.53 7.55 6.93 7.00 -0.46
Entry Signal

MarketClub’s Trade Triangles for TRMD

long term down The long-term trend has been DOWN since Nov 22nd, 2021 at 7.2400

intermediate term down The intermediate-term trend has been DOWN since Nov 10th, 2021 at 7.9000

short term up The short-term trend has been UP since Dec 1st, 2021 at 7.5388

Smart Scan Analysis for TRMD

Based on our trend formula, TRMD is rated as a -85 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
7.53 7.55 6.93 7.00 -0.46
Prev. Close Volume Bid Ask Time
7.46 87823 2021-12-01 15:59:50
Year High8.25Year High Date2018-03-13
Year Low4.37Year Low Date2018-10-15
52wk High10.1652wk High Date2021-05-24
52wk Low752wk Low Date2020-12-18
Average Volume181,903Shares Outstanding74,856
Market Cap597MAssets199,930,000M
Liabilities995,700,000MP/E Ratio53.2857
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