TREX COMPANY INC (TREX) Stock Technical Analysis
NYSE:TREX - New York Stock Exchange, Inc. - US89531P1057 - Common Stock - Currency: USD
Overall TREX gets a technical rating of 1 out of 10. TREX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
86% of all other stocks performed better in the past year than TREX.
TREX is part of the Building Products industry. There are 42 other stocks in this industry, of which 70% 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 52.38 - 58.97 range, which is quite wide. It is currently trading near the lows of this range.
TREX has an average volume of 1425070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TREX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
53.24
62.65
We found 1 important support area.
- Support @53.78 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @54.28 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 55.65 to 57.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 60.43 to 62.03. 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 | 14.61 | NEGATIVE | TREX has a low relative strength, it was outperformed by 85.39% 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) | UP | MIXED | The current price of TREX is below 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) | 41.03 | NEUTRAL | The RSI value for TREX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests TREX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.77 | OVERSOLD | The low Stochastics value suggests TREX may be oversold. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for TREX suggests some volalility. |
| Average Directional Index/ADX (14) | 18.63 | 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)
53.79
+1.19 (+2.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg2.26%
1 Week-5.78%
2 Weeks-4.95%
1 Month-5.37%
3 Month-9.49%
6 Month-23.39%
12 Month-31.05%
2 Year-17.95%
3 Year-1.16%
5 Year-17.29%
10 Year335.28%
15 Year2041.96%
Volatility
ATR(14)1.87
ATR(20)%3.29%
ATR Inc-5.55%
Range Today1.74
ADR(20)1.68
ADR(20)%3.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.61
Mansfield-2.12
10 Day High58.97
10 Day Low52.38
20 Day High58.97
20 Day Low52.38
52 Week High86.56
52 Week Low49.01
CS1 End53.78
CR1 Start54.28
Volume & EV
DER(3)2.21%
DER(5)2.82%
Volume3.23M
Volume Incr36.32%
Vol(5)1.75M
Vol(50)1.43M