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Trex Co Inc Down 10.4% Since SmarTrend Downtrend Call (TREX)

By Amy Schwartz

SmarTrend identified a Downtrend for Trex Co Inc (NYSE:TREX) on April 30th, 2019 at $68.23. In approximately 2 weeks, Trex Co Inc has returned 10.45% as of today's recent price of $61.10.

Trex Co Inc share prices have moved between a 52-week high of $90.74 and a 52-week low of $50.88 and are now trading 20% above that low price at $61.10 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.2%.

Trex Company, Inc. manufactures non-wood decking alternative products. The Company offers decking and railing, outdoor lighting, and accessory hardware. Trex serves customers globally.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Trex Co Inc.

Log in and add Trex Co Inc (TREX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights trex co inc

Ticker(s): TREX