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(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)

Showing technical analysis as on 2024-12-02 View latest technical analysis

10 day averaged volume of Trom Industries is 18960

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	241.00	237.05	244.40	228.05	0.854 times
29 Fri Nov 2024	240.00	241.00	242.00	236.30	0.57 times
28 Thu Nov 2024	236.30	237.15	238.00	235.00	0.791 times
27 Wed Nov 2024	241.95	245.00	245.00	241.95	0.411 times
26 Tue Nov 2024	239.45	241.95	244.00	238.00	0.886 times
25 Mon Nov 2024	238.60	246.00	249.00	237.15	0.633 times
22 Fri Nov 2024	239.25	247.50	247.50	237.00	0.854 times
21 Thu Nov 2024	247.75	245.30	248.95	239.50	0.854 times
19 Tue Nov 2024	245.30	250.00	256.00	245.30	0.886 times
18 Mon Nov 2024	250.00	259.85	259.85	242.50	1.677 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 237 as stoploss in an intra day buy trade for a target of 247.55. However, stock will show a bearish move below 237.

Share price targets for Trom Industries (TROM_SM)

Target Type	Value
Downside Target	195.00
Downside Target	224.00
Downside Target	235.00
Upside Target	243.00
Upside Target	249.90
Upside Target	259.85
Upside Target	262.00
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	231.23
Downside Intraday Target	221.47
Upside Intraday Target	247.58
Upside Intraday Target	254.17
Downside Intraday Target	237.82

Weekly technical analysis of Trom Industries (TROM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	241.00	237.05	244.40	228.05	0.26 times
29 Fri Nov 2024	240.00	246.00	249.00	235.00	0.77 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	0.69 times

Price has moved up 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
02 Mon Dec 2024	241.00	237.05	244.40	228.05	0.03 times
29 Fri Nov 2024	240.00	258.00	270.00	224.00	0.632 times
31 Thu Oct 2024	248.70	234.00	249.90	195.00	0.546 times
30 Mon Sep 2024	232.00	287.95	294.00	228.00	0.51 times

Scroll below to view daily charts

Price has moved up 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)

Price action analysis of Trom Industries ( (TROM_SM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Trom Industries ( (TROM_SM) ) based on a short to mid 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.

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 gaining momentum.

MACD generated a SELL signal for Trom Industries in short term and the sell signal is strong.

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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Trom Industries in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 242.95 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.