Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-23 View latest technical analysis

10 day averaged volume of Trom Industries is 27720

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	238.05	239.50	243.80	237.60	0.498 times
20 Fri Dec 2024	238.85	240.00	246.90	238.00	0.693 times
19 Thu Dec 2024	240.30	238.65	242.00	233.00	0.671 times
18 Wed Dec 2024	238.70	240.05	243.75	237.00	0.649 times
17 Tue Dec 2024	242.10	243.00	249.90	240.05	1.19 times
16 Mon Dec 2024	242.85	237.10	255.90	237.10	2.186 times
13 Fri Dec 2024	239.60	237.05	241.00	236.35	0.823 times
12 Thu Dec 2024	239.70	244.00	247.00	239.00	1.147 times
11 Wed Dec 2024	243.60	238.35	248.30	238.30	1.494 times
10 Tue Dec 2024	238.30	240.00	242.90	238.30	0.325 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 237.7 as stoploss in an intra day buy trade for a target of 239.71. However, stock will show a bearish move below 237.7.

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	243.80
Upside Target	249.50
Upside Target	249.90
Upside Target	255.90
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	235.83
Downside Intraday Target	233.62
Upside Intraday Target	242.03
Upside Intraday Target	246.02
Upside Intraday Target	239.82

Weekly technical analysis of Trom Industries (TROM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	238.05	239.50	243.80	237.60	0.092 times
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

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
23 Mon Dec 2024	238.05	237.05	255.90	228.05	0.75 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 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 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 neutral. A longer time frame might give a better analysis.

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 losing 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 SELL signal for Trom Industries in short term and SELL signal is strong!

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 241.08 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 negative.

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