NYSE:TT • IE00BK9ZQ967
We assign a technical rating of 6 out of 10 to TT. TT has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
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.
315.84
When analyzing the support we can see 4 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 | UP | POSITIVE | The long term trend for TT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TT is neutral. |
| ChartMill Relative Strength | 76.2 | POSITIVE | TT has a high relative strength, it outperformed 76.2% 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) | DOWN | MIXED | The current price of TT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.13 | NEUTRAL | The RSI value for TT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -6.28 | NEGATIVE | The MACD value suggests TT has a negative trend. |
| Stochastics (14,3) | 10.79 | OVERSOLD | The low Stochastics value suggests TT may be oversold. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for TT suggests some volalility. |
| Average Directional Index/ADX (14) | 28.94 | POSITIVE | The high ADX value value for TT suggests a strong trend. |
423.13
-13.23 (-3.03%)
ChartMill assigns a technical rating of 6 / 10 to TT.
The current trend direction for TRANE TECHNOLOGIES PLC (TT) is Bullish.
TRANE TECHNOLOGIES PLC (TT) has an RSI value of 39.1298. This indicates that the stock is currently neutral.
The MACD indicator for TRANE TECHNOLOGIES PLC (TT) has a value of -6.28261, indicating a bearish trend.
The short term momentum for TRANE TECHNOLOGIES PLC (TT) is neutral.