TRANE TECHNOLOGIES PLC (TT) Stock Technical Analysis
NYSE:TT - New York Stock Exchange, Inc. - IE00BK9ZQ967 - Common Stock - Currency: USD
Overall TT gets a technical rating of 1 out of 10. TT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
TT is one of the better performing stocks in the Building Products industry, it outperforms 82% of 41 stocks in the same industry.
TT has an average volume of 1659670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, TT outperforms 69% of them, which is more or less in line with the market.
TT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month TT has a been trading in the 298.15 - 366.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 345.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 322.22, 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.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
311.07
382.48
When analyzing the support we notice one important area.
- A support zone ranging from 314.21 to 322.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 345.82 to 349.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @364.01 from a horizontal line in the daily time frame.
- A resistance zone ranging from 370.55 to 378.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.03
Mansfield-0.03
10 Day High351.52
10 Day Low298.15
20 Day High366.52
20 Day Low298.15
52 Week High422
52 Week Low288.95
Performance
1 Week-1.53%
2 Weeks0.64%
1 Month-4.63%
3 Month-14.4%
6 Month-17.24%
12 Month15.57%
2 Year79.3%
3 Year138.16%
5 Year281.1%
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)0.75
RSI(14)45.91
LBB312.84
UBB357.05
333.16
+2.52 (+0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg0.76%
1 Week-1.53%
2 Weeks0.64%
1 Month-4.63%
3 Month-14.4%
6 Month-17.24%
12 Month15.57%
2 Year79.3%
3 Year138.16%
5 Year281.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)16.32
ATR(20)%4.43%
ATR Inc-16.88%
Range Today9.46
ADR(20)13.67
ADR(20)%4.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.03
Mansfield-0.03
10 Day High351.52
10 Day Low298.15
20 Day High366.52
20 Day Low298.15
52 Week High422
52 Week Low288.95
CS1 End322.22
CR1 Start345.82
Volume & EV
DER(3)3.77%
DER(5)2.04%
Volume2.24M
Volume Incr-6.82%
Vol(5)1.54M
Vol(50)1.66M