Technical Analysis for TT - Trane Technologies plc

Grade Last Price % Change Price Change
C 321.36 -2.30% -7.57
TT closed down 2.3 percent on Monday, July 1, 2024, on 1.3 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Gapped Up Strength 0.00%
Fell Below 20 DMA Bearish -2.30%
Volume Surge Other -2.30%
Outside Day Range Expansion -2.30%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -3.68%
NR7 Range Contraction -3.68%
Inside Day Range Contraction -3.68%

   Recent Intraday Alerts

Alert Time
2x Volume Pace 3 days ago
1.5x Volume Pace 3 days ago
3x Volume Pace 3 days ago
Fell Below 20 DMA 3 days ago
20 DMA Support 3 days ago

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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 IBD 50 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 345.46
52 Week Low 182.3747
Average Volume 1,232,032
200-Day Moving Average 264.36
50-Day Moving Average 323.22
20-Day Moving Average 329.11
10-Day Moving Average 333.82
Average True Range 8.31
RSI (14) 44.13
ADX 27.11
+DI 20.44
-DI 17.62
Chandelier Exit (Long, 3 ATRs) 320.52
Chandelier Exit (Short, 3 ATRs) 340.00
Upper Bollinger Bands 343.94
Lower Bollinger Band 314.27
Percent B (%b) 0.24
BandWidth 9.01
MACD Line 1.96
MACD Signal Line 3.38
MACD Histogram -1.4235
Fundamentals Value
Market Cap 72.97 Billion
Num Shares 227 Million
EPS 8.90
Price-to-Earnings (P/E) Ratio 36.11
Price-to-Sales 3.54
Price-to-Book 8.94
PEG Ratio 2.58
Dividend 3.00
Dividend Yield 0.93%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 339.76
Resistance 3 (R3) 341.52 337.15 336.69
Resistance 2 (R2) 337.15 332.46 336.27 335.67
Resistance 1 (R1) 329.26 329.57 327.07 327.49 334.65
Pivot Point 324.89 324.89 323.79 324.00 324.89
Support 1 (S1) 316.99 320.20 314.81 315.23 308.07
Support 2 (S2) 312.62 317.31 311.74 307.05
Support 3 (S3) 304.73 312.62 306.03
Support 4 (S4) 302.96