TREX COMPANY INC (TREX)

US89531P1057 - Common Stock

71.67  +1.33 (+1.89%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to TREX. TREX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

TREX is part of the Building Products industry. There are 39 other stocks in this industry, of which 68% are performing better than TREX.
TREX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
TREX has an average volume of 1347420 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 44% of them, which is more or less in line with the market.
In the last month TREX has a been trading in the 63.96 - 75.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
TREX Weekly chart
TREX Daily chart
Setup Rating and Analysis

4

TREX has an average technical rating and also the quality of the setup is only medium 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.

Support and Resistance Analysis

60.09

79.97

We found 2 important support areas.

  • A support zone ranging from 62.86 to 64.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @60.70 from a horizontal line in the weekly time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 72.76 to 73.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @74.43 from a horizontal line in the daily time frame.
  • Resistance @79.18 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.83
Mansfield-2.2
10 Day High75.07
10 Day Low66.39
20 Day High75.36
20 Day Low63.96
52 Week High101.91
52 Week Low58.68
Performance
1 Week-0.62%
2 Weeks-2.13%
1 Month9.67%
3 Month4.16%
6 Month-20.34%
12 Month3.09%
2 Year53.28%
3 Year-47.02%
5 Year63.47%
10 Year567.68%
15 Year3038.43%
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)
Technical Indicators
MACD(12,26,9)-0.43
RSI(14)54.31
LBB66.76
UBB75.04
TREX Daily chart

TREX COMPANY INC

NYSE:TREX (11/22/2024, 11:16:40 AM)

71.67

+1.33 (+1.89%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg1.89%
1 Week-0.62%
2 Weeks-2.13%
1 Month9.67%
3 Month4.16%
6 Month-20.34%
12 Month3.09%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.2
ATR(20)%3.27%
ATR Inc
Range Today1.27
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High75.07
10 Day Low66.39
20 Day High75.36
20 Day Low63.96
52 Week High101.91
52 Week Low58.68
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume186.82K
Volume Incr-37.24%
Vol(5)1.03M
Vol(50)1.35M