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 1.465, suggesting TRMD is Strong Buy.

Torm PLC (TRMD) 20-Day simple moving average is 27.698, while Torm PLC (TRMD) share price is $28.67, making it Buy.

Torm PLC (TRMD) 60-Day simple moving average is 23.774, while Torm PLC (TRMD) share price is $28.67, making it Buy.

Technical Analysis for TRMD

Technical Sentiment Analysis for Torm PLC (TRMD) As of 2026-03-09, Torm PLC (TRMD) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 8 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TRMD stands at 60.603, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.465, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 48.924 and the Commodity Channel Index (CCI) at 36.411 further confirm a 1.4 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, TRMD is trading above its 60-day moving average of $23.774 and above its 200-day long-term moving average of $21.176. Key price levels to watch include the immediate resistance at $31.667 and strong support at $27.068. A break above $31.667 could signal a bull continuation, while falling below $27.068 may test the next Fibonacci floor at $24.815.

Torm PLC (TRMD) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	22.469	24.815	27.068	29.414	31.667	34.013	36.266
Fibonacci	24.815	26.571	27.657	29.414	31.17	32.256	34.013

Torm PLC (TRMD) Technical Indicators

2026-03-09

Name	Value
RSI_14	60.603
STOCHk_14_3_3	48.924
STOCHd_14_3_3	63.302
CCI_20	36.411
AO_5_34	3.472
MOM_10	1.4
MACD_12_26_9	1.465

Torm PLC (TRMD) Relative Strength Index (RSI) is 60.603, creating a Neutral signal.

Torm PLC (TRMD) Stochastic Oscillator is 48.924, creating a Neutral signal.

Torm PLC (TRMD) Stochastic RSI is 63.302, creating a Neutral signal.

Torm PLC (TRMD) Commodity Channel Index (CCI) is 36.411, creating a Neutral signal.

Torm PLC (TRMD) Awesome Oscillator is 3.472, creating a Buy signal.

Torm PLC (TRMD) Momentum is 1.4, creating a Buy signal.

Torm PLC (TRMD) MACD is 1.465, creating a Buy signal.

Torm PLC (TRMD) Moving Average

2026-03-09

Period	Simple	Signal
MA_5	29.512	Sell
MA_10	29.322	Sell
MA_20	27.698	Buy
MA_60	23.774	Buy
MA_200	21.176	Buy
MA_250	20.3	Buy

Torm PLC (TRMD) 5-Day simple moving average is 29.512, while Torm PLC (TRMD) share price is $28.67, making it a Sell.

Torm PLC (TRMD) 10-Day simple moving average is 29.322, while Torm PLC (TRMD) share price is $28.67, making it a Sell.

Torm PLC (TRMD) 20-Day simple moving average is 27.698, while Torm PLC (TRMD) share price is $28.67, making it a Buy.

Torm PLC (TRMD) 60-Day simple moving average is 23.774, while Torm PLC (TRMD) share price is $28.67, making it a Buy.

Torm PLC (TRMD) 200-Day simple moving average is 21.176, while Torm PLC (TRMD) share price is $28.67, making it a Buy.

Torm PLC (TRMD) 250-Day simple moving average is 20.3, while Torm PLC (TRMD) share price is $28.67, 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 0 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 27.068 and a major resistance level at 31.667. Traders also monitor the pivot point at 29.414 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 60.603. 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 1.465, 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 $28.67, which is above its 200-day simple moving average of 21.176. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.