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Trinity Industri Bearish Moving Average Crossover Alert (TRN)

By James Quinn

Today, shares of Trinity Industri (NYSE:TRN) have fallen below their 10-day MA of $19.87 on a volume of 139K 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.

Over the past year, Trinity Industri has traded in a range of $18.99 to $28.33 and is now at $19.66, 4% above that low. The 200-day and 50-day moving averages have moved 0.44% lower and 0.54% lower over the past week, respectively.

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