Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Trane Technologies plc shares valued at $508,103 were purchased by SULTANA KEITH A on Aug 01 ’24. At $332.09 per share, SULTANA KEITH A acquired 1,530 shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Pittard Raymond D sold 1,805 shares, netting a total of over 593,221 in proceeds. Following the sale of shares at $328.65 each, the insider now holds 83,517 shares.
Before that, Pittard Raymond D had added 1,805 shares to its account. In a trade valued at $593,935, the Officer bought Trane Technologies plc shares for $329.05 each.
As published in a research note from HSBC Securities on October 31, 2024, Trane Technologies plc [TT] has been rated down from a Buy to a Hold and the price target has been revised to $405. Analysts at Morgan Stanley started covering the stock with ‘”an Overweight”‘ outlook in a report released in early September. As of October 06, 2023, JP Morgan has increased its “an Underweight” rating to a “Neutral” for TT. Earlier on October 05, 2023, BofA Securities upgraded its rating. Their new recommendation was “a Neutral” for TT stock which previously was a “an Underperform”.
Analyzing TT Stock Performance
During the last five days, there has been a drop of approximately -5.71%. Over the course of the year, Trane Technologies plc shares have jumped approximately 51.77%. Shares of the company reached a 52-week high of $406.96 on 10/15/24 and a 52-week low of $233.76 on 01/03/24. A 50-day SMA is recorded $377.11, while a 200-day SMA reached $325.77. Nevertheless, trading volume fell to 2.17 million shares from 2.13 million shares the previous day.
Support And Resistance Levels for Trane Technologies plc (TT)
According to the 24-hour chart, there is a support level at 366.22, which, if violated, would cause prices to drop to 362.29. In the upper region, resistance lies at 374.12. The next price resistance is at 378.08. RSI (Relative Strength Index) is 35.23 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -14.34, which suggests the price will decrease in the coming days. Percent R is at 90.38%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.