TREX COMPANY INC (TREX) Stock Technical Analysis
NYSE:TREX - US89531P1057 - Common Stock
64.6 USD
+2.34 (+3.76%)
64.6 USD
0 (0%)
Overall TREX gets a technical rating of 5 out of 10. TREX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
In the last month TREX has a been trading in the 57.84 - 66.06 range, which is quite wide. It is currently trading near the high of this range.
TREX has an average volume of 1745870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, TREX outperforms 59% of them, which is more or less in line with the market.
TREX is an average performer in the Building Products industry, it outperforms 60% of 41 stocks in the same industry.
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 the quality of the presented setup is also not ideal 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
52.89
69.17
When analyzing the support we can see 5 important areas.
- A support zone ranging from 61.91 to 62.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @59.77 from a horizontal line in the weekly time frame.
- Support @58.66 from a horizontal line in the daily time frame.
- A support zone ranging from 54.28 to 54.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @53.42 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 65.77 to 66.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 68.49 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 | NEUTRAL | NEUTRAL | The short term trend for TREX is neutral. |
| ChartMill Relative Strength | 59.22 | NEUTRAL | TREX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TREX is above 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 | MIXED | The current price of TREX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.58 | NEUTRAL | The RSI value for TREX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests TREX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.82 | NEUTRAL | The Stochastics value for TREX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for TREX suggests some volalility. |
| Average Directional Index/ADX (14) | 15.15 | 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)
64.6
+2.34 (+3.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg3.76%
1 Week2.77%
2 Weeks5.31%
1 Month5.11%
3 Month14.03%
6 Month14.97%
12 Month4.63%
2 Year4.82%
3 Year47.02%
5 Year-9.78%
10 Year675.28%
15 Year2610.02%
Volatility
ATR(14)2.15
ATR(20)%3.65%
ATR Inc57.7%
Range Today2.53
ADR(20)2.09
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.22
Mansfield-0.77
10 Day High66.06
10 Day Low59.15
20 Day High66.06
20 Day Low57.84
52 Week High80.74
52 Week Low49.01
CS1 End62.65
CR1 Start65.77
Volume & EV
DER(3)2.7%
DER(5)2.62%
Volume1.26M
Volume Incr-27.35%
Vol(5)1.34M
Vol(50)1.75M