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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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Evaluation of Trinity Industries Inc stock downgraded after the last trading session.
(Updated on Mar 18, 2024)

Sell candidate since Mar 18, 2024 PDF

The Trinity Industries Inc stock price fell by -0.616% on the last day (Monday, 18th Mar 2024) from $25.98 to $25.82. During the last trading day the stock fluctuated 1.79% from a day low at $25.68 to a day high of $26.14. The price has risen in 6 of the last 10 days and is up by 4.66% 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 -1 million shares and in total, 545 thousand shares were bought and sold for approximately $14.07 million.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Trinity Industries Inc stock with a 90% probability to be traded between $23.01 and $26.59 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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TRN Signals & Forecast

The Trinity Industries 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 $25.91. On a fall, the stock will find some support from the long-term average at approximately $25.68. 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. 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 Friday, March 08, 2024, and so far it has fallen -1.64%. Further fall is indicated until a new bottom pivot has been found. 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 Trinity Industries Inc stock

Trinity Industries Inc finds support from accumulated volume at $25.57 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 $0.460 between high and low, or 1.79%. For the last week, the stock has had daily average volatility of 2.48%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (TRN) For The Upcoming Trading Day Of Tuesday 19th

For the upcoming trading day on Tuesday, 19th we expect Trinity Industries Inc to open at $25.88, and during the day (based on 14 day Average True Range), to move between $25.08 and $26.56, which gives a possible trading interval of +/-$0.737 (+/-2.86%) up or down from last closing price. If Trinity Industries Inc takes out the full calculated possible swing range there will be an estimated 5.71% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $25.86 (0.15%) than the support at $25.57 (0.97%), 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?

Trinity Industries Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.

Current score: -1.990 Sell Candidate Downgraded

Predicted Opening Price for Trinity Industries Inc of Tuesday, March 19, 2024

Fair opening price March 19, 2024 Current price
$25.88 ( 0.232%) $25.82

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 26.34 2.01 %
R2 26.16 1.33 %
R1 26.06 0.91 %
Current price: 25.82
Support S1 25.70 -0.448 %
S2 25.60 -0.87 %
S3 25.42 -1.55 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 27.37 6.00 %
R2 25.98 0.620 %
R1 25.86 0.155 %
Current price 25.82
Support S1 25.57 -0.97%
S2 25.50 -1.24%
S3 25.47 -1.36%

TRN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 07, 2024 Apr 12, 2024 Apr 30, 2024 $0.280 1.08%
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?
Trinity Industries Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell 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 2024-03-18, the price of an Trinity Industries Inc (TRN) share was $25.82.

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 2024-03-18, the market capitalization of Trinity Industries Inc is 2.114B.

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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