• Return to Headlines

Trinity Industries Bullish Moving Average Crossover Alert (TRN)

By David Diaz

Today, shares of Trinity Industries (NYSE:TRN) have advanced above their 10-day MA of $26.35 on a volume of 104K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Trinity Industries share prices have been bracketed by a low of $14.94 and a high of $31.80 and are now at $26.48, 77% above that low price. 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 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