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(TREX) Trex Company complete technical analysis [charts+indicators] | Buy/Sell Trex Company | (TREX) share price targets

Complete technical analysis of Trex Company (TREX) by charts plus indicators, forecast predictions and share price targets for Trex Company (TREX)

Trex Company trades in USA in Basic Industries sector.

Showing technical analysis as on 2024-07-29 View latest technical analysis

10 day averaged volume of Trex Company is 974358

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	83.59	82.83	84.25	82.39	0.917 times
26 Fri Jul 2024	82.50	80.71	83.73	80.41	1.039 times
25 Thu Jul 2024	78.48	77.07	80.12	76.88	0.802 times
24 Wed Jul 2024	76.50	78.88	79.85	76.42	1.159 times
23 Tue Jul 2024	79.55	80.15	80.62	79.37	1.11 times
22 Mon Jul 2024	81.72	82.11	82.15	79.78	0.928 times
19 Fri Jul 2024	81.15	82.70	82.70	80.86	0.74 times
18 Thu Jul 2024	82.81	83.64	86.34	82.33	0.912 times
17 Wed Jul 2024	83.34	84.37	85.38	83.31	0.774 times
16 Tue Jul 2024	85.82	82.32	85.92	82.04	1.105 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 82.9, but if it comes below 82.9, then a intra day sell could be more profitable.
If you take a sell trade below 82.9, then use 82.9 as stoploss and 78.04 as target. However if you take a buy trade in stock , then use 82.9 as stoploss and 88.8 as target.

Share price targets for Trex Company (TREX)

Target Type	Value
Downside Target	69.85
Downside Target	73.40
Downside Target	76.42
Downside Target	80.86
Upside Target	85.83
Upside Target	86.34
Upside Target	87.43
Upside Target	90.35
Upside Target	94.00
Upside Target	99.86
Upside Target	100.77

Intraday share price targets for Trex Company (TREX)

Target Type	Value
Downside Intraday Target	82.57
Downside Intraday Target	81.55
Upside Intraday Target	84.43
Upside Intraday Target	85.27
Downside Intraday Target	83.41

Weekly technical analysis of Trex Company (TREX)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	83.59	82.83	84.25	82.39	0.182 times
26 Fri Jul 2024	82.50	82.11	83.73	76.42	1.016 times
19 Fri Jul 2024	81.15	82.10	86.34	80.86	0.755 times
12 Fri Jul 2024	81.55	71.71	82.11	70.50	2.831 times
05 Fri Jul 2024	71.03	71.72	71.87	69.85	0.723 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Trex Company (TREX)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	83.59	74.55	86.34	69.85	1.103 times
28 Fri Jun 2024	74.12	86.84	87.43	73.40	1.099 times
31 Fri May 2024	86.48	88.22	94.00	84.69	1.482 times
30 Tue Apr 2024	88.55	99.86	99.86	85.83	0.938 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Trex Company (TREX)

Price action analysis of Trex Company ( (TREX) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Trex Company ( (TREX) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Trex Company ( (TREX) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Trex Company ( (TREX) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Trex Company stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Trex Company in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Trex Company Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Trex Company in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Trex Company is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 81.49 and Trex Company (TREX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Trex Company (TREX) stock. Volume based technical analysis of Trex Company (TREX) stock is negative.

Trex Company Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.