TREX COMPANY INC (TREX) Stock Technical Analysis
NYSE:TREX - New York Stock Exchange, Inc. - US89531P1057 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to TREX. In the last year, TREX was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
69% of all other stocks performed better in the past year than TREX.
In the last month TREX has a been trading in the 57.84 - 68.78 range, which is quite wide. It is currently trading near the lows of this range.
TREX has an average volume of 1719470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
TREX is part of the Building Products industry. There are 41 other stocks in this industry, TREX did better than 52% of them.
TREX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TREX is lagging the market.
TREX has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
52.06
69.17
When analyzing the support we notice one important area.
- A support zone ranging from 52.59 to 54.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 67.13 to 68.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for TREX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TREX is down. |
| ChartMill Relative Strength | 31.64 | NEUTRAL | TREX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TREX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TREX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TREX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.07 | NEUTRAL | The RSI value for TREX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.95 | NEGATIVE | The MACD value suggests TREX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.23 | OVERSOLD | The low Stochastics value suggests TREX may be oversold. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for TREX suggests some volalility. |
| Average Directional Index/ADX (14) | 18.04 | NEGATIVE | The low ADX value for TREX suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
61.12
+2.45 (+4.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg4.18%
1 Week-7.06%
2 Weeks-9.02%
1 Month0.39%
3 Month0.48%
6 Month-9.22%
12 Month-3.6%
2 Year-14.36%
3 Year30.63%
5 Year-18.23%
10 Year529.94%
15 Year2338.7%
Volatility
ATR(14)2.38
ATR(20)%3.82%
ATR Inc4.77%
Range Today3.47
ADR(20)2.25
ADR(20)%3.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.64
Mansfield-1.28
10 Day High67.89
10 Day Low57.84
20 Day High68.78
20 Day Low57.84
52 Week High80.74
52 Week Low49.01
CS1 End54.28
CR1 Start67.13
Volume & EV
DER(3)-0.34%
DER(5)-1.19%
Volume1.55M
Volume Incr19.8%
Vol(5)1.87M
Vol(50)1.72M