Strait Intelligence · Strait Signal
Tanker · Weekly Chart Review
45/100 Orange
Prior entry (1 Aug 2026): 80/100 → Green. Real decline — Green → Orange.
Trend · 35/35
Price > 250 SMA✓ +20
Price > 50 SMA✓ +15
Momentum · 0/35
MACD bullish✗ +20
ROC positive✗ +15
Trend Strength · 0/20
ADX > 25(value: 9.92)✗ +20
Volatility · 10/10
ATR vs 50d avg(stable, visual estimate)✓ +10
Note: Trend intact, price above both the 50 SMA ($28.88) and 250 SMA ($25.39). But momentum has turned since the 1 August read — MACD crossed below signal at today’s close and ROC prints negative at -1.04 — netting zero on that category. ADX at 9.92 shows no trend-strength conviction. Volatility has eased back from a recent local peak and earns the full 10 points. Score falls from 80/Green to 45/Orange.
Daily Chart SMA / ADX / MACD / ROC / ATR · click to enlarge
TORM plc (TRMD) daily chart with 50/250 SMA, ADX, MACD, ROC, and ATR panels
TORM joins the list of names sliding from Green to Orange this week on a clean momentum breakdown. Trend still scores in full — price remains above both moving averages — but MACD has crossed below its signal line and ROC has turned outright negative, a decisive reversal rather than a marginal one. ADX at 9.92 is among the lower trend-strength readings in the batch, consistent with a stock losing upward momentum rather than reversing into a hard downtrend. Volatility has actually improved, easing back from a recent local peak to earn the full allocation. The combination — intact trend, broken momentum, calming volatility — suggests consolidation rather than a structural top, but the momentum read bears watching next week.