By Mill Chart
Last update: May 15, 2024
Exploring Growth Potential: TREX COMPANY INC (NYSE:TREX) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and TREX COMPANY INC has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected TREX COMPANY INC on our screen for growth with base formation, suggesting it merits a closer look.
Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. NYSE:TREX boasts a 8 out of 10:
A critical element of ChartMill's stock evaluation is the Health Rating, which spans from 0 to 10. This rating considers multiple health factors, including liquidity and solvency, both in absolute terms and relative to industry peers. NYSE:TREX has received a 7 out of 10:
ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NYSE:TREX, the assigned 8 is a significant indicator of profitability:
Besides the Technical Rating, ChartMill assigns a Setup Rating to every stock to determine the degree of consolidation. This rating, ranging from 0 to 10, is updated daily and evaluates various short-term technical indicators. NYSE:TREX currently holds a 7 as its setup rating, suggesting a particular level of consolidation in the stock.
TREX has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 87.38, a Stop Loss order could be placed below this zone.
More Strong Growth stocks can be found in our Strong Growth screener.
For an up to date full fundamental analysis you can check the fundamental report of TREX
Check the latest full technical report of TREX for a complete technical analysis.
Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.
NYSE:TREX (6/6/2025, 3:43:05 PM)
56.78
+0.19 (+0.34%)
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