Trex Company Inc Stock Forecast

Hold candidate since May 08, 2025 Loss -0.93%

The Trex Company Inc stock price fell by -0.93% on the last day (Friday, 9th May 2025) from $58.30 to $57.76. During the last trading day the stock fluctuated 7.51% from a day low at $56.98 to a day high of $61.26. The price has risen in 6 of the last 10 days and is up by 0.03% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -9 thousand shares and in total, 2 million shares were bought and sold for approximately $108.79 million.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -12.23% during the next 3 months and, with a 90% probability hold a price between $41.67 and $54.10 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

TREX Signals & Forecast

The Trex Company Inc stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $58.39. On a fall, the stock will find some support from the long-term average at approximately $57.20. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Tuesday, April 08, 2025, and so far it has risen 14.33%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Trex Company Inc stock

Trex Company Inc finds support from accumulated volume at $57.31 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $4.28 between high and low, or 7.51%. For the last week, the stock has had daily average volatility of 4.50%.

Our recommended stop-loss: $54.78 (-5.17%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 22 days ago.)

Trading Expectations (TREX) For The Upcoming Trading Day Of Monday 12th

For the upcoming trading day on Monday, 12th we expect Trex Company Inc to open at $58.67, and during the day (based on 14 day Average True Range), to move between $55.07 and $60.45, which gives a possible trading interval of +/-$2.69 (+/-4.65%) up or down from last closing price. If Trex Company Inc takes out the full calculated possible swing range there will be an estimated 9.31% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $57.31 (0.78%) than the resistance at $61.67 (6.77%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Trex Company Inc stock A Buy?

Trex Company Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.681 Hold/Accumulate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on May 12, 2025 - $58.67 ( 1.57%).