(TROM_SM) Trom Industries complete technical analysis [charts+indicators] | Buy/Sell Trom Industries | (TROM_SM) share price targets
Complete technical analysis of Trom Industries (TROM_SM) by charts plus indicators, forecast predictions and share price targets for Trom Industries (TROM_SM)
10 day averaged volume of Trom Industries is 25500
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Mon Nov 2024 | 238.60 | 246.00 | 249.00 | 237.15 | 0.471 times |
| 22 Fri Nov 2024 | 239.25 | 247.50 | 247.50 | 237.00 | 0.635 times |
| 21 Thu Nov 2024 | 247.75 | 245.30 | 248.95 | 239.50 | 0.635 times |
| 19 Tue Nov 2024 | 245.30 | 250.00 | 256.00 | 245.30 | 0.659 times |
| 18 Mon Nov 2024 | 250.00 | 259.85 | 259.85 | 242.50 | 1.247 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 233.6 as stoploss in an intra day buy trade for a target of 246.09. However, stock will show a bearish move below 233.6.
Share price targets for Trom Industries (TROM_SM)
| Target Type | Value |
| Downside Target | 195.00 |
| Downside Target | 224.00 |
| Downside Target | 237.00 |
| Upside Target | 243.00 |
| Upside Target | 249.00 |
| Upside Target | 259.85 |
| Upside Target | 263.00 |
| Upside Target | 264.55 |
| Upside Target | 270.00 |
| Upside Target | 294.00 |
| Upside Target | 330.95 |
Intraday share price targets for Trom Industries (TROM_SM)
| Target Type | Value |
| Downside Intraday Target | 234.17 |
| Downside Intraday Target | 229.73 |
| Upside Intraday Target | 246.02 |
| Upside Intraday Target | 253.43 |
| Upside Intraday Target | 241.58 |
Weekly technical analysis of Trom Industries (TROM_SM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Mon Nov 2024 | 238.60 | 246.00 | 249.00 | 237.15 | 0.148 times |
| 22 Fri Nov 2024 | 239.25 | 259.85 | 259.85 | 237.00 | 0.603 times |
| 14 Thu Nov 2024 | 250.80 | 254.95 | 262.00 | 224.00 | 0.644 times |
| 08 Fri Nov 2024 | 268.35 | 259.80 | 270.00 | 243.00 | 0.926 times |
| 01 Fri Nov 2024 | 257.65 | 245.00 | 263.00 | 232.00 | 1.175 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Trom Industries (TROM_SM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 25 Mon Nov 2024 | 238.60 | 258.00 | 270.00 | 224.00 | 0.504 times |
| 31 Thu Oct 2024 | 248.70 | 234.00 | 249.90 | 195.00 | 0.62 times |
| 30 Mon Sep 2024 | 232.00 | 287.95 | 294.00 | 228.00 | 0.51 times |
| 30 Fri Aug 2024 | 275.75 | 282.00 | 330.95 | 264.55 | 0 times |
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Trom Industries (TROM_SM)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 20, 22, 3 | Sell |
| MACD | 2, 3 | Sell |
| Stochastics | 39 | None |
| CCI | -56 | Buy |
| RSI | 57 | Buy |
| OBV | 247800 | Sell |
| VWAP | 249 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Trom Industries ( (TROM_SM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Trom Industries ( (TROM_SM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Trom Industries ( (TROM_SM) ) based on a short to mid term time period is
Price action analysis of Trom Industries ( (TROM_SM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Trom Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Trom Industries in short term but the sell signal is initial and weak.
Trom Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Trom Industries in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Trom Industries is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 248.77 and Trom Industries (TROM_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Trom Industries (TROM_SM) stock. Volume based technical analysis of Trom Industries (TROM_SM) stock is negative.
Trom Industries Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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