NYSE:TT • IE00BK9ZQ967
We assign a technical rating of 5 out of 10 to TT. In the last year, TT was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
TT has an average technical rating and also the quality of the setup is only medium 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.
315.84
When analyzing the support we can see 5 important areas.
We found 1 important resistance area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for TT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TT is down. |
| ChartMill Relative Strength | 78.57 | POSITIVE | TT has a high relative strength, it outperformed 78.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.98 | NEUTRAL | The RSI value for TT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.66 | NEGATIVE | The MACD value suggests TT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.67 | NEUTRAL | The Stochastics value for TT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for TT suggests some volalility. |
| Average Directional Index/ADX (14) | 27.48 | POSITIVE | The high ADX value value for TT suggests a strong trend. |
432.42
-1.25 (-0.29%)
ChartMill assigns a technical rating of 5 / 10 to TT.
The current trend direction for TRANE TECHNOLOGIES PLC (TT) is Bearish.
TRANE TECHNOLOGIES PLC (TT) has an RSI value of 44.9786. This indicates that the stock is currently neutral.
The MACD indicator for TRANE TECHNOLOGIES PLC (TT) has a value of -5.65927, indicating a bearish trend.
The short term momentum for TRANE TECHNOLOGIES PLC (TT) is negative.