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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 2024-12-24 View latest technical analysis

10 day averaged volume of Trom Industries is 26820

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	249.40	237.20	280.00	237.20	3.468 times
23 Mon Dec 2024	238.05	239.50	243.80	237.60	0.515 times
20 Fri Dec 2024	238.85	240.00	246.90	238.00	0.716 times
19 Thu Dec 2024	240.30	238.65	242.00	233.00	0.694 times
18 Wed Dec 2024	238.70	240.05	243.75	237.00	0.671 times
17 Tue Dec 2024	242.10	243.00	249.90	240.05	1.23 times
16 Mon Dec 2024	242.85	237.10	255.90	237.10	2.26 times
13 Fri Dec 2024	239.60	237.05	241.00	236.35	0.85 times
12 Thu Dec 2024	239.70	244.00	247.00	239.00	1.186 times
11 Wed Dec 2024	243.60	238.35	248.30	238.30	1.544 times

Stock of Trom Industries (TROM_SM) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 246.6, for a target of 243.1 or 240.21

Share price targets for Trom Industries (TROM_SM)

Target Type	Value
Downside Target	195.00
Downside Target	224.00
Downside Target	233.00
Downside Target	248.30
Upside Target	249.90
Upside Target	255.90
Upside Target	264.55
Upside Target	270.00
Upside Target	280.00
Upside Target	294.00
Upside Target	330.95

Intraday share price targets for Trom Industries (TROM_SM)

Target Type	Value
Downside Intraday Target	231.07
Downside Intraday Target	212.73
Upside Intraday Target	273.87
Upside Intraday Target	298.33
Upside Intraday Target	255.53

Weekly technical analysis of Trom Industries (TROM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	249.40	239.50	280.00	237.20	0.715 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 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
24 Tue Dec 2024	249.40	237.05	280.00	228.05	0.924 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 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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Trom Industries in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Trom Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 buy signal for Trom Industries in short term and BUY signal is strong.

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 243.35 and Trom Industries (TROM_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.