Trex (TREX, $97.97) Moving Average Convergence Divergence (MACD) Histogram turned negative on April 1, 2024

A.I.dvisor
at Tickeron.com
04/02/24
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TREX - Trex Company
MACD signal
Bearish Trend
Odds of DOWN Trend
MACD signal
Price: $97.97
Daily change: -$1.78 (-1.78%)
Daily volume: 408.9K
Industry: Building Products
This is a Bearish indicator signaling TREX's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 45 similar cases where TREX's MACD histogram became negative, and of them led to successful outcomes. Odds of Success:
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TREXDaily Signal changed days agoGain/Loss if shorted
 
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A.I. Advisor
published General Information

General Information

a manufacturer of decking and railing products

Industry BuildingProducts

Profile
Fundamentals
Details
Industry
Forest Products
Address
2500 Trex Way
Phone
+1 540 542-6300
Employees
1765
Web
https://www.trex.com