Technical Analysis for TREX - Trex Company, Inc.

Grade Last Price % Change Price Change
C 69.02 0.20% 0.14
TREX closed up 2.15 percent on Wednesday, November 20, 2024, on 73 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Down

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.20%
Oversold Stochastic Weakness 0.20%
Fell Below 50 DMA Bearish 2.35%
Stochastic Reached Oversold Weakness 2.35%
Down 3 Days in a Row Weakness 2.35%
Down 4 Days in a Row Weakness 2.35%
Gapped Down Weakness 2.35%
Oversold Stochastic Weakness 2.35%
NR7 Range Contraction 1.96%
Narrow Range Bar Range Contraction 1.96%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High 25 minutes ago
Down 1% about 1 hour ago
Up 2% about 20 hours ago
50 DMA Support 1 day ago
Rose Above Previous Day's High 1 day ago

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Profile

Trex Company, Inc. Description

Trex Company, Inc. manufactures and distributes wood/plastic composite products, and related accessories primarily for the residential and commercial decking and railing applications in the United States. The company offers Trex Transcend, Trex Enhance, and Trex Select protective shells for protection against fading, staining, and scratching; Trex Accents, which provides smooth surface on one side and subtle wood grain on the other; Trex Escapes, a cellular PVC deck board; and Trex Hideaway, a hidden fastening system for grooved boards. It also provides railing products comprising Trex Designer Series Railing, which consists of a decorative top and bottom rail, refined balusters, Trex RailPost, and post caps and skirts; and Trex Transcend Railing for use with Trex decking products, as well as other decking materials. In addition, the company offers Trex Transcend Porch Flooring and Railing System, an integrated system of porch components and accessories; Trex Seclusions fencing product, which includes structural posts, bottom and top rails, pickets, and decorative post caps; and TrexTrim, a cellular PVC residential exterior trim product. Further, it provides steel deck framing systems under the Trex Elevations name; and Trex DeckLighting, a line of energy-efficient LED dimmable deck lighting, which is designed for use on posts, floors, and steps. Additionally, the company acts as a licensor in various licensing agreements with third parties to manufacture and sell products, including Trex Outdoor Furniture; Trex RainEscape, an above joist deck drainage system; Trex CustomCurve, an on-site system that allows contractors to heat and bend Trex products; Trex Pergolas, a cellular PVC trim product; and Diablo Trex Blade, a saw blade for wood-plastic composite decking. Trex Company, Inc. sells its products through wholesale distributors, retail lumber dealers, and Home Depot and Lowe's stores. The company was founded in 1996 and is headquartered in Winchester, Virginia.


Classification

Sector: Basic Materials
Industry: Building Materials
Keywords: Construction Plastic Building Materials Wholesale Distributor Flooring Drainage Engineered Wood Organic Polymers Composite Products Deck Dimm Composite Lumber Steel Deck

Is TREX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 101.91
52 Week Low 58.68
Average Volume 1,340,120
200-Day Moving Average 79.53
50-Day Moving Average 67.69
20-Day Moving Average 70.00
10-Day Moving Average 70.70
Average True Range 2.07
RSI (14) 49.49
ADX 22.94
+DI 25.55
-DI 26.14
Chandelier Exit (Long, 3 ATRs) 69.15
Chandelier Exit (Short, 3 ATRs) 68.18
Upper Bollinger Bands 75.51
Lower Bollinger Band 64.49
Percent B (%b) 0.4
BandWidth 15.75
MACD Line 0.62
MACD Signal Line 1.17
MACD Histogram -0.5468
Fundamentals Value
Market Cap 7.48 Billion
Num Shares 109 Million
EPS 1.79
Price-to-Earnings (P/E) Ratio 38.48
Price-to-Sales 9.07
Price-to-Book 14.31
PEG Ratio 1.17
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 70.96
Resistance 3 (R3) 70.75 69.85 70.61
Resistance 2 (R2) 69.85 69.32 69.95 70.50
Resistance 1 (R1) 69.37 68.99 69.61 69.57 70.38
Pivot Point 68.47 68.47 68.59 68.57 68.47
Support 1 (S1) 67.98 67.94 68.22 68.19 67.38
Support 2 (S2) 67.08 67.61 67.18 67.26
Support 3 (S3) 66.60 67.08 67.15
Support 4 (S4) 66.80