Trex Co Inc (TREX): Price Now Near $101.58; Daily Chart Shows An Uptrend on 50 Day Basis
Get Ratings)’s price is down $-0.11 (-0.11%) from the hour prior. This is the 2nd hour in a row TREX has seen its price head down. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential
opportunity for rangebound traders.
Out of Construction Materials stocks, TREX ranks 53rd in regards to today’s price percentage change.