• Return to Headlines

Trinity Industries Bearish Moving Average Crossover Alert (TRN)

By Shiri Gupta

Today, shares of Trinity Industries (NYSE:TRN) have crossed bearishly below their 10-day moving average of $26.59 on a volume of 128K 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 Industries has traded in a range of $14.94 to $31.80 and is now at $26.43, 77% above that low. The 200-day and 50-day moving averages have moved 0.67% lower and 0.97% higher over the past week, respectively.

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

Keywords: moving crosses trinity industries

Ticker(s): TRN