TRMD Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Torm PLC (TRMD) Moving Averages Convergence Divergence (MACD) indicator is -0.386, suggesting TRMD is Strong Buy.

Torm PLC (TRMD) 20-Day simple moving average is 29.241, while Torm PLC (TRMD) share price is $29.41, making it Buy.

Torm PLC (TRMD) 60-Day simple moving average is 30.341, while Torm PLC (TRMD) share price is $29.41, making it Sell.

Technical Analysis for TRMD

Technical Sentiment Analysis for Torm PLC (TRMD) As of 2026-06-18, Torm PLC (TRMD) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 8 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TRMD stands at 47.308, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.386, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 64.466 and the Commodity Channel Index (CCI) at -24.156 further confirm a 1.31 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, TRMD is trading above its 60-day moving average of $30.341 and above its 200-day long-term moving average of $25.174. Key price levels to watch include the immediate resistance at $30.571 and strong support at $28.041. A break above $30.571 could signal a bull continuation, while falling below $28.041 may test the next Fibonacci floor at $26.801.

Torm PLC (TRMD) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	25.511	26.801	28.041	29.331	30.571	31.861	33.101
Fibonacci	26.801	27.767	28.364	29.331	30.297	30.894	31.861

Torm PLC (TRMD) Technical Indicators

2026-06-18

Name	Value
RSI_14	47.308
STOCHk_14_3_3	64.466
STOCHd_14_3_3	71.074
CCI_20	-24.156
AO_5_34	-1.316
MOM_10	1.31
MACD_12_26_9	-0.386

Torm PLC (TRMD) Relative Strength Index (RSI) is 47.308, creating a Neutral signal.

Torm PLC (TRMD) Stochastic Oscillator is 64.466, creating a Neutral signal.

Torm PLC (TRMD) Stochastic RSI is 71.074, creating a Neutral signal.

Torm PLC (TRMD) Commodity Channel Index (CCI) is -24.156, creating a Neutral signal.

Torm PLC (TRMD) Awesome Oscillator is -1.316, creating a Sell signal.

Torm PLC (TRMD) Momentum is 1.31, creating a Buy signal.

Torm PLC (TRMD) MACD is -0.386, creating a Sell signal.

Torm PLC (TRMD) Moving Average

2026-06-18

Period	Simple	Signal
MA_5	29.72	Sell
MA_10	29.282	Buy
MA_20	29.241	Buy
MA_60	30.341	Sell
MA_200	25.174	Buy
MA_250	23.915	Buy

Torm PLC (TRMD) 5-Day simple moving average is 29.72, while Torm PLC (TRMD) share price is $29.41, making it a Sell.

Torm PLC (TRMD) 10-Day simple moving average is 29.282, while Torm PLC (TRMD) share price is $29.41, making it a Buy.

Torm PLC (TRMD) 20-Day simple moving average is 29.241, while Torm PLC (TRMD) share price is $29.41, making it a Buy.

Torm PLC (TRMD) 60-Day simple moving average is 30.341, while Torm PLC (TRMD) share price is $29.41, making it a Sell.

Torm PLC (TRMD) 200-Day simple moving average is 25.174, while Torm PLC (TRMD) share price is $29.41, making it a Buy.

Torm PLC (TRMD) 250-Day simple moving average is 23.915, while Torm PLC (TRMD) share price is $29.41, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for TRMD?

The overall technical consensus for Torm PLC (TRMD) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 2 sell signals.

What are the key support and resistance levels for Torm PLC (TRMD) today?

Based on pivot point calculations, Torm PLC (TRMD) has an immediate support level at 28.041 and a major resistance level at 30.571. Traders also monitor the pivot point at 29.331 to determine the intraday trend direction.

Is Torm PLC (TRMD) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Torm PLC (TRMD) is currently 47.308. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Torm PLC (TRMD)?

Torm PLC (TRMD) Moving Averages Convergence Divergence (MACD) indicator is -0.386, suggesting TRMD is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for Torm PLC.

How is Torm PLC (TRMD) performing relative to its 200-day moving average?

Torm PLC (TRMD) is currently trading at $29.41, which is above its 200-day simple moving average of 25.174. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.