Technical Analysis for TT - Trane Technologies plc

Grade Last Price % Change Price Change
A 327.60 0.52% 1.71
TT closed up 0.52 percent on Wednesday, May 8, 2024, on 68 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Calm After Storm Range Contraction 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
New 52 Week Closing High Bullish 0.52%
Calm After Storm Range Contraction 0.52%

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Profile

Trane Technologies plc Description

Trane Technologies plc, together with its subsidiaries, engages in the designing, manufacturing, selling, and servicing of solutions for heating, ventilation, air conditioning, and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; auxiliary power units; chillers; coils and condensers; gensets; furnaces; heat pumps; home automation products; humidifiers; hybrid and non-diesel transport refrigeration, and ice energy storage solutions; indoor air quality assessments and related products; large and light commercial unitary products; motor replacements; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. The company also provides building management, control, ductless, geothermal, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, cryogenic, diesel-powered, electric-powered trailer and truck, hybrid-powered trailer, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration systems, as well as aftermarket and OEM parts and supplies. In addition, it offers energy and facility management, installation and performance contracting, repair and maintenance, and rental services. It markets and sells its products under the Trane and Thermo King brands through sales offices, distributors, and dealers in the United States; and through sales and service companies with a supporting chain of distributors worldwide. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. Trane Technologies plc was founded in 1885 and is headquartered in Swords, Ireland.


Classification

Sector: Industrials
Industry: Specialty Industrial Machinery
Keywords: S&P 500 Refrigeration Engineering Heating Ventilating Rental Services Ventilation Air Conditioning Air Conditioning Systems Refrigerant Facility Management Heat Pump Thermo King

Is TT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 329.14
52 Week Low 160.4294
Average Volume 947,875
200-Day Moving Average 241.79
50-Day Moving Average 298.02
20-Day Moving Average 304.49
10-Day Moving Average 315.24
Average True Range 6.99
RSI (14) 75.31
ADX 35.65
+DI 37.61
-DI 9.88
Chandelier Exit (Long, 3 ATRs) 308.17
Chandelier Exit (Short, 3 ATRs) 307.29
Upper Bollinger Bands 330.47
Lower Bollinger Band 278.51
Percent B (%b) 0.94
BandWidth 17.07
MACD Line 8.25
MACD Signal Line 5.53
MACD Histogram 2.7229
Fundamentals Value
Market Cap 74.39 Billion
Num Shares 227 Million
EPS 8.90
Price-to-Earnings (P/E) Ratio 36.81
Price-to-Sales 3.54
Price-to-Book 8.94
PEG Ratio 2.58
Dividend 3.00
Dividend Yield 0.92%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 333.67
Resistance 3 (R3) 333.51 331.32 332.66
Resistance 2 (R2) 331.32 329.78 331.40 332.32
Resistance 1 (R1) 329.46 328.82 330.39 329.62 331.98
Pivot Point 327.28 327.28 327.74 327.36 327.28
Support 1 (S1) 325.42 325.73 326.35 325.58 323.22
Support 2 (S2) 323.23 324.78 323.31 322.88
Support 3 (S3) 321.37 323.23 322.54
Support 4 (S4) 321.53