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 -0.485, suggesting TRMD is Neutral.

Torm PLC (TRMD) 20-Day simple moving average is 32.103, while Torm PLC (TRMD) share price is $27.42, making it Sell.

Torm PLC (TRMD) 60-Day simple moving average is 29.81, while Torm PLC (TRMD) share price is $27.42, making it Sell.

Technical Analysis for TRMD

Technical Sentiment Analysis for Torm PLC (TRMD) As of 2026-05-29, Torm PLC (TRMD) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 7 indicators are flashing buy, while 8 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TRMD stands at 32.464, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.485, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 1.945 and the Commodity Channel Index (CCI) at -228.337 further confirm a -4.02 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, TRMD is trading above its 60-day moving average of $29.81 and above its 200-day long-term moving average of $24.603. Key price levels to watch include the immediate resistance at $33.578 and strong support at $27.798. A break above $33.578 could signal a bull continuation, while falling below $27.798 may test the next Fibonacci floor at $24.719.

Torm PLC (TRMD) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	22.018	24.719	27.798	30.499	33.578	36.279	39.358
Fibonacci	24.719	26.927	28.291	30.499	32.707	34.071	36.279

Torm PLC (TRMD) Technical Indicators

2026-05-29

Name	Value
RSI_14	32.464
STOCHk_14_3_3	1.945
STOCHd_14_3_3	3.429
CCI_20	-228.337
AO_5_34	-1.855
MOM_10	-4.02
MACD_12_26_9	-0.485

Torm PLC (TRMD) Relative Strength Index (RSI) is 32.464, creating a Neutral signal.

Torm PLC (TRMD) Stochastic Oscillator is 1.945, creating a Buy signal.

Torm PLC (TRMD) Stochastic RSI is 3.429, creating a Buy signal.

Torm PLC (TRMD) Commodity Channel Index (CCI) is -228.337, creating a Buy signal.

Torm PLC (TRMD) Awesome Oscillator is -1.855, creating a Sell signal.

Torm PLC (TRMD) Momentum is -4.02, creating a Sell signal.

Torm PLC (TRMD) MACD is -0.485, creating a Sell signal.

Torm PLC (TRMD) Moving Average

2026-05-29

Period	Simple	Signal
MA_5	29.476	Sell
MA_10	30.877	Sell
MA_20	32.103	Sell
MA_60	29.81	Sell
MA_200	24.603	Buy
MA_250	23.284	Buy

Torm PLC (TRMD) 5-Day simple moving average is 29.476, while Torm PLC (TRMD) share price is $27.42, making it a Sell.

Torm PLC (TRMD) 10-Day simple moving average is 30.877, while Torm PLC (TRMD) share price is $27.42, making it a Sell.

Torm PLC (TRMD) 20-Day simple moving average is 32.103, while Torm PLC (TRMD) share price is $27.42, making it a Sell.

Torm PLC (TRMD) 60-Day simple moving average is 29.81, while Torm PLC (TRMD) share price is $27.42, making it a Sell.

Torm PLC (TRMD) 200-Day simple moving average is 24.603, while Torm PLC (TRMD) share price is $27.42, making it a Buy.

Torm PLC (TRMD) 250-Day simple moving average is 23.284, while Torm PLC (TRMD) share price is $27.42, 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 Neutral. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 5 buy signals and 4 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 27.798 and a major resistance level at 33.578. Traders also monitor the pivot point at 30.499 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 32.464. 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 -0.485, suggesting TRMD is Neutral. 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 $27.42, which is above its 200-day simple moving average of 24.603. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.