Tronox Limited (TROX) : Traders are bullish on Tronox Limited (TROX) as it has outperformed the S&P 500 by a wide margin of 2.18% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.79%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.96% in the last 1 week, and is up 1.63% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 5.26% and the 50-Day Moving Average is 14.79%.The 200 Day SMA reached 61.02%
Tronox Limited (NYSE:TROX): After opening at $9.34, the stock dipped to an intraday low of $9.25 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $9.55 and the buying power remained strong till the end. The stock closed at $9.37 for the day, a gain of 1.63% for the day session. The total traded volume was 830,384. The stocks close on the previous trading day was $9.37.