TRANE TECHNOLOGIES PLC (TT)

IE00BK9ZQ967 - Common Stock

368.98  -4.55 (-1.22%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to TT. TT was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month TT has a been trading in the 370.72 - 419.51 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, TT did better than 86% of all other stocks. We also observe that the gains produced by TT over the past year are nicely spread over this period.
TT is part of the Building Products industry. There are 39 other stocks in this industry. TT outperforms 89% of them.
TT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TT is performing more or less in line with the market.
TT has an average volume of 1189880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Weekly and Daily overview Charts
TT Weekly chart
TT Daily chart
Setup Rating and Analysis

3

TT has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

346.60

423.34

2 important support areas can be observed.

  • Support @360.70 from a trend line in the weekly time frame.
  • Support @350.10 from a trend line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 373.52 to 373.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 389.90 to 398.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 417.50 to 419.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.89
Mansfield0.22
10 Day High403.13
10 Day Low370.72
20 Day High419.51
20 Day Low370.72
52 Week High422
52 Week Low233.76
Performance
1 Week-0.89%
2 Weeks-6.54%
1 Month-10.23%
3 Month-2.71%
6 Month13.56%
12 Month53.15%
2 Year122.22%
3 Year84.89%
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)-2.89
RSI(14)28.04
LBB366.29
UBB409.4
TT Daily chart

TRANE TECHNOLOGIES PLC

NYSE:TT (12/30/2024, 10:50:53 AM)

368.98

-4.55 (-1.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-1.22%
1 Week-0.89%
2 Weeks-6.54%
1 Month-10.23%
3 Month-2.71%
6 Month13.56%
12 Month53.15%
2 Year122.22%
3 Year84.89%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.02
ATR(20)%1.98%
ATR Inc-36.95%
Range Today0
ADR(20)7.16
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.89
Mansfield0.22
10 Day High403.13
10 Day Low370.72
20 Day High419.51
20 Day Low370.72
52 Week High422
52 Week Low233.76
CS1 End373.52
CR1 Start389.9
Volume & EV
DER(3)1.02%
DER(5)2.31%
Volume76
Volume Incr-21.81%
Vol(5)947.88K
Vol(50)1.19M