KD Logo

Taking a look at what insiders are doing to gauge the Trane Technologies plc (TT)’s direction

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 $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 $25.27 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.

Analysts at HSBC Securities downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late October. As of September 06, 2024, Morgan Stanley has initiated its “an Overweight” rating for TT. Earlier on October 06, 2023, JP Morgan upgraded its rating. Their new recommendation was “a Neutral” for TT stock which previously was a “an Underweight”.

Analyzing TT Stock Performance

During the last five days, there has been a drop of approximately -0.93%. Over the course of the year, Trane Technologies plc shares have jumped approximately 68.58%. Shares of the company reached a 52-week high of $421.78 on 11/13/24 and a 52-week low of $233.76 on 01/03/24. A 50-day SMA is recorded $391.81, while a 200-day SMA reached $335.88. Nevertheless, trading volume fell to 0.81 million shares from 0.76 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 406.10, which, if violated, would cause prices to drop to 401.03. In the upper region, resistance lies at 415.27. The next price resistance is at 419.37. RSI (Relative Strength Index) is 60.88 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 8.73, which suggests the price will increase in the coming days. Percent R is at 20.47%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.

Most Popular