• Return to Headlines

Trinity Industri Bearish Moving Average Crossover Alert (TRN)

By Amy Schwartz

Trinity Industri (NYSE:TRN) crossed under its 10-day moving average of $22.52 on a volume of 436K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Trinity Industri have traded between a low of $18.99 and a high of $28.33 and are now at $21.56, which is 14% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has slid 0.2%.

SmarTrend is tracking the current trend status for Trinity Industri and will alert subscribers who have TRN in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses trinity industri

Ticker(s): TRN