TRN Price Prediction Next Week
TRN Stock Price Prediction and Recommendation
News Analysis:
- Analyst Ratings: Trinity Industries (TRN) has a Hold rating from Susquehanna with a price target of $35.00, while the average analyst consensus is also Hold with a target of $35.50.
- Market Performance: TRN reported strong 2024 financial results but faces caution for 2025. The stock closed at $31.09 on the last trading day.
- Rail Traffic: Recent data shows a 5.4% increase in U.S. rail traffic, which could positively impact TRN.
Technical Indicators:
- RSI (14): 34.02, indicating oversold conditions.
- MACD: Negative, suggesting bearish momentum.
- Fibonacci Levels: Resistance at $30.01 and support at $28.52.
Price Prediction:
Based on the analysis, TRN is expected to trade between $28.60 and $30.00 next week. The stock may test the lower support level due to bearish technical indicators.
Recommendation:
Sell if the stock approaches the resistance level of $30.00, as the technical indicators suggest a potential pullback.
TRN Similar Chart Price Prediction
The price of TRN is predicted to go up -19.11%, based on the high correlation periods with IRBT. The similarity of these two price pattern on the periods is 98.84%.
TRN
IRBT
Down: -19.11%Similarity: 98.84%
TRN Revenue Forecast
TRN EPS Forecast
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TRN Analyst's Forecast
Bascome Majors
Susquehanna
Hold
2025-03-03
Price Target
$34 → $35
Upside
+16.32%
Susquehanna analyst Bascome Majors raised the firm's price target on Trinity Industries to $35 from $34 and keeps a Neutral rating on the shares. The firm updated its model following Q4 results which suggested an inline rail equipment outlook despite falling railcar productionand tariff uncertainty weighing on new railcar orders.
Bascome Majors
Susquehanna
Buy → Hold
2024-10-21
Price Target
$34 → $35
Upside
+2.37%
