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Trinity Industri Shares Down 39.8% Since SmarTrend's Sell Call (TRN)

By Amy Schwartz

SmarTrend identified a Downtrend for Trinity Industri (NYSE:TRN) on October 12th, 2018 at $35.81. In approximately 4 weeks, Trinity Industri has returned 39.78% as of today's recent price of $21.56.

In the past 52 weeks, shares of Trinity Industri have traded between a low of $20.70 and a high of $39.35 and are now at $21.56, which is 4% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1% while the 50-day MA has declined 4.1%.

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 markets its products internationally.

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

Log in and add Trinity Industri (TRN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights trinity industri

Ticker(s): TRN