TREX COMPANY INC (TREX) Technical Analysis
NYSE:TREX • US89531P1057
Current stock price
36.92 USD
+0.93 (+2.58%)
At close:
36.92 USD
0 (0%)
After Hours:
TREX Technical Rating and Analysis
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: 82% of all stocks are doing better.
- TREX is part of the Building Products industry. There are 42 other stocks in this industry, of which 60% are performing better than TREX.
- TREX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TREX is lagging the market.
- In the last month TREX has a been trading in the 35.59 - 44.66 range, which is quite wide. It is currently trading near the lows of this range.
- TREX has an average volume of 2063390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TREX Weekly and Daily overview Charts
TREX Setup Rating and Analysis
TREX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 35.98, a Stop Loss order could be placed below this zone.
More info and screens
TREX Support and Resistance Analysis
35.62
60.80
We found 1 important support area.
- A support zone ranging from 35.98 to 35.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 36.93 to 37.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 38.71 to 39.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @41.87 from a horizontal line in the daily time frame.
- Resistance @60.20 from a trend line in the weekly time frame.
TREX Technical Indicator Signal Analysis
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 | 18.43 | NEGATIVE | TREX has a low relative strength, it was outperformed by 81.57% 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) | 37.5 | NEUTRAL | The RSI value for TREX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests TREX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.3 | OVERSOLD | The low Stochastics value suggests TREX may be oversold. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for TREX suggests some volalility. |
| Average Directional Index/ADX (14) | 20.85 | NEUTRAL | The ADX value for TREX suggests a possible start of a new trend. |
TREX Chart- and CandleStick Pattern Analysis
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)
TREX Technicals: Chart, Performance Metrics, Trend & Indicators
36.92
+0.93 (+2.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg2.58%
1 Week-2.66%
2 Weeks-1.1%
1 Month-8.34%
3 Month3.53%
6 Month-28%
12 Month-35.58%
2 Year-62.99%
3 Year-24.14%
5 Year-59.67%
10 Year208.12%
15 Year805.46%
Volatility
ATR(14)1.51
ATR(20)%4.48%
ATR Inc1.11%
Range Today1.13
ADR(20)1.55
ADR(20)%4.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.43
3 months CRS78.64
6 months CRS18.02
Mansfield-2.82
10 Day High38.83
10 Day Low35.7
20 Day High44.66
20 Day Low35.59
52 Week High68.78
52 Week Low29.77
CS1 End35.98
CR1 Start36.93
Volume & EV
DER(3)-1.43%
DER(5)-0.45%
Volume1.72M
Volume Incr-21.6%
Vol(5)1.82M
Vol(50)2.06M
TREX COMPANY INC / TREX TA 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 trend direction for 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 37.5021. This indicates that the stock is currently neutral.
What is the MACD signal for TREX COMPANY INC (TREX) stock?
The MACD indicator for TREX COMPANY INC (TREX) has a value of -0.158386, indicating a bearish trend.
What is the short term momentum for TREX COMPANY INC (TREX) stock?
The short term momentum for TREX COMPANY INC (TREX) is negative.