USA - NYSE:TREX - US89531P1057 - Common Stock
Taking everything into account, TREX scores 0 out of 10 in our technical rating. 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.
Although the technical rating is bad, TREX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
49.23
4 important resistance areas can be observed.
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 | 7.89 | NEGATIVE | TREX has a low relative strength, it was outperformed by 92.11% 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) | 39.09 | NEUTRAL | The RSI value for TREX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests TREX has a positive trend. |
| Stochastics (14,3) | 13.5 | OVERSOLD | The low Stochastics value suggests TREX may be oversold. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for TREX suggests some volalility. |
| Average Directional Index/ADX (14) | 26.3 | POSITIVE | The high ADX value value for TREX suggests a strong trend. |
49.73
+0.82 (+1.68%)
ChartMill assigns a technical rating of 0 / 10 to TREX.
The current trend direction for TREX COMPANY INC (TREX) is Bearish.
TREX COMPANY INC (TREX) has an RSI value of 39.0946. This indicates that the stock is currently neutral.
The short term momentum for TREX COMPANY INC (TREX) is negative.
TREX COMPANY INC (TREX) has a resistance level at 53.58. Check the full technical report for our detailed analysis of TREX support and resistance levels.