18.4% Return Seen to Date on SmarTrend Trinity Industries Call (TRN)
SmarTrend identified an Uptrend for Trinity Industries (NYSE:TRN) on June 23rd, 2016 at $19.34. In approximately 4 months, Trinity Industries has returned 18.41% as of today's recent price of $22.90.
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 $22.90, 53% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has advanced 1.0%.
Trinity Industries, Inc. manufactures transportation, construction, and industrial products. The Company's products include tank and freight railcars, inland hopper and tank barges, highway guardrail and safety products, ready-mix concrete, and other products. Trinity also leases railcars and other products. The Company markets its products in the United States and internationally.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Trinity Industries shares.
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