Technical Breakout Setups. Analyze the stocks with the best technicals forming a breakout setup pattern at the moment.
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Above 20
50 SMA > 500K
TRANE TECHNOLOGIES PLC
New York Stock Exchange, Inc. / Industrials / Building Products
Technical Analysis
Fundamental Analysis
Analyst Ratings, Profile & Chart
Taking everything into account, TT scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, TT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that TT is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, TT also shows a nice and consistent pattern of rising prices.
TT is part of the Building Products industry. There are 40 other stocks in this industry. TT outperforms 100% of them.
TT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
TT has an average volume of 1103670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TT has a been trading in the 315.65 - 345.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 334.49, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TT in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
208.86
348.84
We found 6 important support areas.
- A support zone ranging from 326.89 to 334.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 319.02 to 320.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @306.76 from a trend line in the daily time frame.
- Support @288.26 from a horizontal line in the daily time frame.
- Support @282.92 from a horizontal line in the daily time frame.
- Support @210.97 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @337.93 from a horizontal line in the weekly time frame.
- Resistance @345.39 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.42
Mansfield1.73
10 Day High345.46
10 Day Low320.9
20 Day High345.46
20 Day Low315.65
52 Week High345.46
52 Week Low184.02
Performance
1 Week0.09%
2 Weeks3.24%
1 Month-0.69%
3 Month11.79%
6 Month37.6%
12 Month75.47%
2 Year158.41%
3 Year82.25%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.44
RSI(14)56.09
LBB315.93
UBB345.61
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 337.94 | 326.88 | 11.06 (3.27%) | 25.00% |
| An entry @337.94. This is a Buy Stop order right above the resistance zone. | An exit @326.88. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 11.06 points, which is 3.27%. | For a 0.82% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.