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.O) Moving Averages Convergence Divergence (MACD) indicator is 0.877, suggesting TRMD.O is Strong buy.

Torm PLC (TRMD.O) 20-Day simple moving average is 23.439, while Torm PLC (TRMD.O) share price is $24.9, making it Buy.

Torm PLC (TRMD.O) 60-Day simple moving average is 21.865, while Torm PLC (TRMD.O) share price is $24.9, making it Buy.

Technical Analysis for TRMD

Technical Sentiment Analysis for Torm PLC (TRMD) As of 2026-02-06, Torm PLC (TRMD) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 11 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TRMD stands at 68.893, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.877, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 83.444 and the Commodity Channel Index (CCI) at 110.03 further confirm a 2.23 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, TRMD is trading above its 60-day moving average of $21.865 and above its 200-day long-term moving average of $20.098. Key price levels to watch include the immediate resistance at $25.223 and strong support at $22.893. A break above $25.223 could signal a bull continuation, while falling below $22.893 may test the next Fibonacci floor at $21.597.

Torm PLC (TRMD) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	20.563	21.597	22.893	23.927	25.223	26.257	27.553
Fibonacci	21.597	22.487	23.037	23.927	24.817	25.367	26.257

Torm PLC (TRMD) Technical Indicators

2026-02-06

Name	Value
RSI_14	68.893
STOCHk_14_3_3	83.444
STOCHd_14_3_3	83.514
CCI_20	110.03
AO_5_34	2.345
MOM_10	2.23
MACD_12_26_9	0.877

Torm PLC (TRMD) Relative Strength Index (RSI) is 68.893, creating a Neutral signal.

Torm PLC (TRMD) Stochastic Oscillator is 83.444, creating a Sell signal.

Torm PLC (TRMD) Stochastic RSI is 83.514, creating a Sell signal.

Torm PLC (TRMD) Commodity Channel Index (CCI) is 110.03, creating a Sell signal.

Torm PLC (TRMD) Awesome Oscillator is 2.345, creating a Buy signal.

Torm PLC (TRMD) Momentum is 2.23, creating a Buy signal.

Torm PLC (TRMD) MACD is 0.877, creating a Buy signal.

Torm PLC (TRMD) Moving Average

2026-02-06

Period	Simple	Signal
MA_5	24.512	Buy
MA_10	24.19	Buy
MA_20	23.439	Buy
MA_60	21.865	Buy
MA_200	20.098	Buy
MA_250	19.591	Buy

Torm PLC (TRMD) 5-Day simple moving average is 24.512, while Torm PLC (TRMD) share price is $24.9, making it a Buy.

Torm PLC (TRMD) 10-Day simple moving average is 24.19, while Torm PLC (TRMD) share price is $24.9, making it a Buy.

Torm PLC (TRMD) 20-Day simple moving average is 23.439, while Torm PLC (TRMD) share price is $24.9, making it a Buy.

Torm PLC (TRMD) 60-Day simple moving average is 21.865, while Torm PLC (TRMD) share price is $24.9, making it a Buy.

Torm PLC (TRMD) 200-Day simple moving average is 20.098, while Torm PLC (TRMD) share price is $24.9, making it a Buy.

Torm PLC (TRMD) 250-Day simple moving average is 19.591, while Torm PLC (TRMD) share price is $24.9, 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 5 buy signals and 3 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 22.893 and a major resistance level at 25.223. Traders also monitor the pivot point at 23.927 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 68.893. 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 0.877, 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 $24.9, which is above its 200-day simple moving average of 20.098. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.