SmarTrend Detects Continued Buying Pressure in Shares of Trinity Industries (TRN)
SmarTrend identified an Uptrend for Trinity Industries (NYSE: TRN) on February 16, 2010 at $16.98. In approximately 4 weeks, Trinity Industries has returned 12.5% as of today's recent price of $19.10.
Trinity Industries is currently above its 50-day moving average of $17.10 and above its 200-day moving average of $16.65. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Trinity Industries shares.
Write to Chip Brian at cbrian@tradethetrend.com
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