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 -0.418, suggesting TRMD is Sell.

Torm PLC (TRMD) 20-Day simple moving average is 29.406, while Torm PLC (TRMD) share price is $28.94, making it Sell.

Torm PLC (TRMD) 60-Day simple moving average is 30.32, while Torm PLC (TRMD) share price is $28.94, making it Sell.

Technical Analysis for TRMD

Technical Sentiment Analysis for Torm PLC (TRMD) As of 2026-06-17, Torm PLC (TRMD) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 4 indicators are flashing buy, while 6 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TRMD stands at 44.536, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.418, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 70.682 and the Commodity Channel Index (CCI) at -7.956 further confirm a 0.85 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, TRMD is trading above its 60-day moving average of $30.32 and above its 200-day long-term moving average of $25.136. Key price levels to watch include the immediate resistance at $30.499 and strong support at $27.924. A break above $30.499 could signal a bull continuation, while falling below $27.924 may test the next Fibonacci floor at $26.697.

Torm PLC (TRMD) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	25.349	26.697	27.924	29.272	30.499	31.847	33.074
Fibonacci	26.697	27.681	28.288	29.272	30.256	30.863	31.847

Torm PLC (TRMD) Technical Indicators

2026-06-17

Name	Value
RSI_14	44.536
STOCHk_14_3_3	70.682
STOCHd_14_3_3	71.48
CCI_20	-7.956
AO_5_34	-1.256
MOM_10	0.85
MACD_12_26_9	-0.418

Torm PLC (TRMD) Relative Strength Index (RSI) is 44.536, creating a Neutral signal.

Torm PLC (TRMD) Stochastic Oscillator is 70.682, creating a Neutral signal.

Torm PLC (TRMD) Stochastic RSI is 71.48, creating a Neutral signal.

Torm PLC (TRMD) Commodity Channel Index (CCI) is -7.956, creating a Neutral signal.

Torm PLC (TRMD) Awesome Oscillator is -1.256, creating a Sell signal.

Torm PLC (TRMD) Momentum is 0.85, creating a Buy signal.

Torm PLC (TRMD) MACD is -0.418, creating a Sell signal.

Torm PLC (TRMD) Moving Average

2026-06-17

Period	Simple	Signal
MA_5	29.628	Sell
MA_10	29.151	Sell
MA_20	29.406	Sell
MA_60	30.32	Sell
MA_200	25.136	Buy
MA_250	23.873	Buy

Torm PLC (TRMD) 5-Day simple moving average is 29.628, while Torm PLC (TRMD) share price is $28.94, making it a Sell.

Torm PLC (TRMD) 10-Day simple moving average is 29.151, while Torm PLC (TRMD) share price is $28.94, making it a Sell.

Torm PLC (TRMD) 20-Day simple moving average is 29.406, while Torm PLC (TRMD) share price is $28.94, making it a Sell.

Torm PLC (TRMD) 60-Day simple moving average is 30.32, while Torm PLC (TRMD) share price is $28.94, making it a Sell.

Torm PLC (TRMD) 200-Day simple moving average is 25.136, while Torm PLC (TRMD) share price is $28.94, making it a Buy.

Torm PLC (TRMD) 250-Day simple moving average is 23.873, while Torm PLC (TRMD) share price is $28.94, making it a Buy.

People Also Watch

Frequently Asked Questions

What is the current technical consensus for TRMD?

The overall technical consensus for Torm PLC (TRMD) is currently Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 2 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 27.924 and a major resistance level at 30.499. Traders also monitor the pivot point at 29.272 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 44.536. 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 -0.418, suggesting TRMD is Sell. 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 $28.94, which is above its 200-day simple moving average of 25.136. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.