The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Trane Technologies plc shares valued at $5,118,695 were sold by Kuehn Christopher J on Nov 04 ’24. At $376.62 per share, Kuehn Christopher J sold 13,591 shares. The insider’s holdings dropped to 61,468 shares worth approximately $24.34 million following the completion of this transaction.
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, Kuehn Christopher J purchased 13,591 shares, netting a total of over 5,101,518 in proceeds.
Before that, SULTANA KEITH A had added 1,530 shares to its account. In a trade valued at $508,103, the Officer bought Trane Technologies plc shares for $332.09 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 surge of approximately 6.96%. Over the course of the year, Trane Technologies plc shares have jumped approximately 62.33%. 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 $380.55, while a 200-day SMA reached $329.16. Nevertheless, trading volume fell to 0.98 million shares from 1.99 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 392.18, which, if violated, would cause prices to drop to 388.44. In the upper region, resistance lies at 397.94. The next price resistance is at 399.96. RSI (Relative Strength Index) is 57.59 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.53, which suggests the price will increase in the coming days. Percent R is at 19.81%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
