RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TRN
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Trinity Industries Inc stock downgraded to Buy Candidate
(Updated on Mar 28, 2024)

Buy candidate since Mar 20, 2024 Gain 5.69% PDF

The Trinity Industries Inc stock price fell by -0.678% on the last day (Thursday, 28th Mar 2024) from $28.04 to $27.85. During the last trading day the stock fluctuated 1.80% from a day low at $27.72 to a day high of $28.22. The price has risen in 7 of the last 10 days and is up by 9.34% over the past 2 weeks. Volume has increased on the last day by 113 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 641 thousand shares were bought and sold for approximately $17.85 million.

The stock lies in the upper part of a wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $28.06 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 3.60% during the next 3 months and, with a 90% probability hold a price between $25.50 and $29.07 at the end of this 3-month period.

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TRN Signals & Forecast

The Trinity Industries Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $27.13 and $26.00. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -0.678%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Trinity Industries Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $25.98 and $25.50. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Trinity Industries Inc finds support just below today's level at $25.98. If this is broken, then the next support from accumulated volume will be at $25.50 and $25.47.

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 $0.500 between high and low, or 1.80%. For the last week, the stock has had daily average volatility of 2.11%.

Our recommended stop-loss: $27.03 (-2.94%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (TRN) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Trinity Industries Inc to open at $27.93, and during the day (based on 14 day Average True Range), to move between $27.14 and $28.56, which gives a possible trading interval of +/-$0.706 (+/-2.54%) up or down from last closing price. If Trinity Industries Inc takes out the full calculated possible swing range there will be an estimated 5.07% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $28.04 (0.68%) than the support at $25.98 (6.71%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Trinity Industries Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Trinity Industries Inc stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 2.255 Buy Candidate Downgraded

Predicted Opening Price for Trinity Industries Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$27.93 ( 0.287%) $27.85

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for TRN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 28.43 2.08 %
R2 28.24 1.40 %
R1 28.12 0.97 %
Current price: 27.85
Support S1 27.74 -0.399 %
S2 27.62 -0.82 %
S3 27.43 -1.51 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 28.04 0.682 %
Current price 27.85
Support S1 25.98 -6.71%
S2 25.50 -8.44%
S3 25.47 -8.55%

TRN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 07, 2024 Apr 12, 2024 Apr 30, 2024 $0.280 1.00%
2 Jan 11, 2024 Jan 11, 2024 Jan 31, 2024 $0.280 1.11%
3 Sep 06, 2023 Oct 12, 2023 Oct 31, 2023 $0.260 1.25%
4 May 09, 2023 Jul 13, 2023 Jul 31, 2023 $0.260 0.99%
5 Mar 07, 2023 Apr 13, 2023 Apr 28, 2023 $0.260 1.09%

FAQ

What is the symbol for Trinity Industries Inc Stock and on which exchange is it traded?
The symbol for Trinity Industries Inc is TRN and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Trinity Industries Inc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Trinity Industries Inc stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

How to buy Trinity Industries Inc Stock?
Trinity Industries Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Trinity Industries Inc Stock.

What's the current price of Trinity Industries Inc Stock?
As of the end of day on the 2024-03-28, the price of an Trinity Industries Inc (TRN) share was $27.85.

What is the 52-week high and low for Trinity Industries Inc Stock?
The 52-week high for Trinity Industries Inc Stock is $28.86 and the 52-week low is $20.04.

What is the market capitalization of Trinity Industries Inc Stock?
As of the 2024-03-28, the market capitalization of Trinity Industries Inc is 2.28B.

When is the next earnings date for Trinity Industries Inc?
The upcoming earnings date for Trinity Industries Inc is May 07, 2024.
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About Trinity Industries Inc

Trinity Industries Trinity Industries, Inc. provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services. As of December ... TRN Profile

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