NYSE:TT • IE00BK9ZQ967
We assign a technical rating of 10 out of 10 to TT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TT is showing a nice and steady performance.
TT has an excellent technical rating, but 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
We found 6 important support areas.
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 | UP | POSITIVE | The long term trend for TT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TT is up. |
| ChartMill Relative Strength | 79 | POSITIVE | TT has a high relative strength, it outperformed 79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TT is above the rising 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) | 71.19 | OVERBOUGHT | The high RSI value suggests TT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.86 | POSITIVE | The MACD value suggests TT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.57 | OVERBOUGHT | The high Stochastics value suggests TT may be overbought. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for TT suggests some volalility. |
| Average Directional Index/ADX (14) | 36.64 | POSITIVE | The high ADX value value for TT suggests a strong trend. |
465.27
+4.82 (+1.05%)
ChartMill assigns a technical rating of 10 / 10 to TT.
The current trend direction for TRANE TECHNOLOGIES PLC (TT) is Bullish.
TRANE TECHNOLOGIES PLC (TT) has an RSI value of 71.1875. This indicates that the stock is currently overbought.
The MACD indicator for TRANE TECHNOLOGIES PLC (TT) has a value of 4.86293, indicating a bullish trend.
The short term momentum for TRANE TECHNOLOGIES PLC (TT) is positive.