TREX COMPANY INC (TREX) Stock Technical Analysis
USA - NYSE:TREX - US89531P1057 - Common Stock
48.91 USD
-0.24 (-0.49%)
48.91 USD
0 (0%)
We assign a technical rating of 0 out of 10 to TREX. TREX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, TREX is a bad performer in the overall market: 91% of all stocks are doing better.
TREX is one of the lesser performing stocks in the Building Products industry. 75% of 41 stocks in the same industry do better.
TREX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TREX has a been trading in the 48.48 - 54.30 range, which is quite wide. It is currently trading near the lows of this range.
TREX has an average volume of 1672870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, TREX does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
48.42
66.50
5 important resistance areas can be observed.
- A resistance zone ranging from 50.73 to 51.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @53.58 from a horizontal line in the daily time frame.
- Resistance @59.91 from a trend line in the daily time frame.
- Resistance @62.60 from a trend line in the weekly time frame.
- A resistance zone ranging from 65.47 to 65.84. 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 | DOWN | NEGATIVE | The long term trend for TREX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TREX is down. |
| ChartMill Relative Strength | 9.24 | NEGATIVE | TREX has a low relative strength, it was outperformed by 90.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TREX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TREX is below a declining 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) | 34.99 | NEUTRAL | The RSI value for TREX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TREX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 13.23 | OVERSOLD | The low Stochastics value suggests TREX may be oversold. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for TREX suggests some volalility. |
| Average Directional Index/ADX (14) | 25.25 | POSITIVE | The high ADX value value for TREX suggests a strong 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)
48.91
-0.24 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-0.49%
1 Week-3.57%
2 Weeks-2.76%
1 Month-4.62%
3 Month-28.59%
6 Month-15.29%
12 Month-23.96%
2 Year-12.99%
3 Year1.71%
5 Year-29.67%
10 Year400.74%
15 Year2079.83%
Volatility
ATR(14)1.92
ATR(20)%3.69%
ATR Inc1.24%
Range Today1.33
ADR(20)1.77
ADR(20)%3.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.24
3 months CRS5.9
6 months CRS10.9
Mansfield-3.01
10 Day High54.3
10 Day Low48.48
20 Day High54.3
20 Day Low48.48
52 Week High80.74
52 Week Low48.48
CS1 EndN/A
CR1 Start50.73
Volume & EV
DER(3)-2.77%
DER(5)-0.88%
Volume1.23M
Volume Incr12.08%
Vol(5)1.80M
Vol(50)1.67M
TREX COMPANY INC / TREX FAQ
Can you provide the ChartMill technical rating for TREX COMPANY INC?
ChartMill assigns a technical rating of 0 / 10 to TREX.
What is the current trend direction of TREX COMPANY INC (TREX) stock?
The current trend direction for TREX COMPANY INC (TREX) is Bearish.
What is the RSI signal for TREX stock?
TREX COMPANY INC (TREX) has an RSI value of 34.9859. This indicates that the stock is currently neutral.
What is the short term momentum for TREX COMPANY INC (TREX) stock?
The short term momentum for TREX COMPANY INC (TREX) is negative.
Can you provide the support and resistance levels for TREX COMPANY INC?
TREX COMPANY INC (TREX) has a resistance level at 50.73. Check the full technical report for our detailed analysis of TREX support and resistance levels.