After completing its last trading session, Trinity Industries, Inc. (NYSE:TRN) dropped by -0.4% – here is what that looked like (as of 2020-01-06):
What’s the reason for these moves? To grasp this action better, We ought to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.354, an Accumulation/Distribution Index (ADI) of 0.354, an On-Balance Volume (OBV) of 615.245, and a Chaiikin Money Flow (CMF) of 22.14. 1.294
So what do these technical indicators mean? Let’s see. Consulting Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for Trinity Industries, Inc. (NYSE:TRN). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.