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Relatively Good Performance Detected in Shares of Trex Co Inc in the Building Products Industry (TREX , AOS , AWI , ALLE , OC )

By James Quinn

We looked at the Building Products industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Trex Co Inc (NYSE:TREX ) ranks first with a gain of 2.96%; Smith (A.O.)Corp (NYSE:AOS ) ranks second with a gain of 2.79%; and Armstrong World (NYSE:AWI ) ranks third with a gain of 1.39%.

Allegion Plc (NYSE:ALLE ) follows with a gain of 0.68% and Owens Corning (NYSE:OC ) rounds out the top five with a gain of 0.34%.

SmarTrend recommended that subscribers consider buying shares of Trex Co Inc on May 24th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $65.04. Since that recommendation, shares of Trex Co Inc have risen 25.2%. We continue to monitor Trex Co Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance trex co inc smith (a.o.)corp armstrong world allegion plc Owens Corning