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Trinity Industri Bullish Moving Average Crossover Alert (TRN)

By Amy Schwartz

Trinity Industri (NYSE:TRN) crossed over its 10-day moving average of $32.07 on a volume of 5.1 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Trinity Industri has traded in a range of $17.20 to $38.25 and is now at $33.08, 92% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has slid 0.7%.

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