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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 2024-12-20 View latest technical analysis

10 day averaged volume of Trom Industries is 28680

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	238.85	240.00	246.90	238.00	0.669 times
19 Thu Dec 2024	240.30	238.65	242.00	233.00	0.649 times
18 Wed Dec 2024	238.70	240.05	243.75	237.00	0.628 times
17 Tue Dec 2024	242.10	243.00	249.90	240.05	1.151 times
16 Mon Dec 2024	242.85	237.10	255.90	237.10	2.113 times
13 Fri Dec 2024	239.60	237.05	241.00	236.35	0.795 times
12 Thu Dec 2024	239.70	244.00	247.00	239.00	1.109 times
11 Wed Dec 2024	243.60	238.35	248.30	238.30	1.444 times
10 Tue Dec 2024	238.30	240.00	242.90	238.30	0.314 times
09 Mon Dec 2024	241.10	237.35	245.00	237.35	0.795 times

My analysis of stock is bearish for shortterm, and stock might move down till 237.7 or till 235.3. Use a stoploss of 239.74 and if the stock hits stoploss, then it can shoot up till 241.74

Share price targets for Trom Industries (TROM_SM)

Target Type	Value
Downside Target	195.00
Downside Target	224.00
Downside Target	233.00
Upside Target	248.30
Upside Target	249.90
Upside Target	255.90
Upside Target	259.85
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	229.27
Downside Intraday Target	219.68
Upside Intraday Target	252.17
Upside Intraday Target	265.48
Upside Intraday Target	242.58

Weekly technical analysis of Trom Industries (TROM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	238.85	237.10	255.90	233.00	1.169 times
13 Fri Dec 2024	239.60	237.35	248.30	236.35	1.164 times
06 Fri Dec 2024	237.35	237.05	249.50	228.05	1.76 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

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
20 Fri Dec 2024	238.85	237.05	255.90	228.05	0.724 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 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)

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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Trom Industries ( (TROM_SM) ) based on a short to mid 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 mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Trom Industries stock for short term is BUY. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 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 241.23 and Trom Industries (TROM_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.