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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 2025-01-08 View latest technical analysis

10 day averaged volume of Trom Industries is 63720

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	244.20	239.30	244.75	237.00	0.395 times
07 Tue Jan 2025	240.50	238.00	245.00	238.00	0.254 times
06 Mon Jan 2025	237.35	252.65	252.65	236.00	0.678 times
03 Fri Jan 2025	251.40	258.80	258.80	248.15	0.65 times
02 Thu Jan 2025	253.00	255.00	255.70	247.55	0.895 times
01 Wed Jan 2025	252.75	251.50	256.40	249.10	0.377 times
31 Tue Dec 2024	247.45	248.50	255.90	245.90	0.405 times
30 Mon Dec 2024	251.10	260.00	263.95	247.30	1.384 times
27 Fri Dec 2024	256.00	265.00	266.60	250.55	1.026 times
26 Thu Dec 2024	259.15	256.00	268.95	254.90	2.872 times

My analysis of stock is bearish for shortterm, and stock might move down till 238.8 or till 231. Use a stoploss of 245.3 and if the stock hits stoploss, then it can shoot up till 251.81

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	245.90
Upside Target	252.65
Upside Target	255.90
Upside Target	258.80
Upside Target	263.95
Upside Target	270.00
Upside Target	280.00
Upside Target	294.00

Intraday share price targets for Trom Industries (TROM_SM)

Target Type	Value
Downside Intraday Target	235.92
Downside Intraday Target	227.63
Upside Intraday Target	252.57
Upside Intraday Target	260.93
Upside Intraday Target	244.28

Weekly technical analysis of Trom Industries (TROM_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	244.20	252.65	252.65	236.00	0.358 times
03 Fri Jan 2025	251.40	260.00	263.95	245.90	0.666 times
27 Fri Dec 2024	256.00	239.50	280.00	237.20	2.378 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

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
08 Wed Jan 2025	244.20	251.50	258.80	236.00	0.242 times
31 Tue Dec 2024	247.45	237.05	280.00	228.05	1.602 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

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 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 short to mid 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 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 but the sell signal is initial and weak.

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 red color and prices are below the red cloud Prices appear to be moving up

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 but buying is losing 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 252.72 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 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.