Trane Technologies Plc Stock Overlap Studies Bollinger Bands

TT Stock  USD 327.46  2.46  0.76%   
Trane Technologies overlap studies tool provides the execution environment for running the Bollinger Bands study and other technical functions against Trane Technologies. Trane Technologies value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of overlap studies indicators. As with most other technical indicators, the Bollinger Bands study function is designed to identify and follow existing trends. Trane Technologies overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify the following input to run this model: Time Period, Deviations up, Deviations down, and MA Type.

Execute Study
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Trane Technologies middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Trane Technologies plc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Trane Technologies Technical Analysis Modules

Most technical analysis of Trane Technologies help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Trane from various momentum indicators to cycle indicators. When you analyze Trane charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Trane Technologies Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Trane Technologies plc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Trane Technologies plc based on widely used predictive technical indicators. In general, we focus on analyzing Trane Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Trane Technologies's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Trane Technologies's intrinsic value. In addition to deriving basic predictive indicators for Trane Technologies, we also check how macroeconomic factors affect Trane Technologies price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01160.01590.01230.0242
Price To Sales Ratio3.412.443.153.31
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trane Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
323.22324.54325.86
Details
Intrinsic
Valuation
LowRealHigh
294.71296.03357.50
Details
Naive
Forecast
LowNextHigh
309.61310.93312.25
Details
25 Analysts
Consensus
LowTargetHigh
197.73217.29241.19
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Trane Technologies. Your research has to be compared to or analyzed against Trane Technologies' peers to derive any actionable benefits. When done correctly, Trane Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Trane Technologies plc.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Trane Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Trane Technologies' short interest history, or implied volatility extrapolated from Trane Technologies options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested over 70 shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 70 shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
When determining whether Trane Technologies plc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Trane Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Trane Technologies Plc Stock. Highlighted below are key reports to facilitate an investment decision about Trane Technologies Plc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trane Technologies plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary Tools for Trane Stock analysis

When running Trane Technologies' price analysis, check to measure Trane Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trane Technologies is operating at the current time. Most of Trane Technologies' value examination focuses on studying past and present price action to predict the probability of Trane Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trane Technologies' price. Additionally, you may evaluate how the addition of Trane Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Trane Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trane Technologies. If investors know Trane will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trane Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.43
Dividend Share
3.09
Earnings Share
9.19
Revenue Per Share
79.9
Quarterly Revenue Growth
0.15
The market value of Trane Technologies plc is measured differently than its book value, which is the value of Trane that is recorded on the company's balance sheet. Investors also form their own opinion of Trane Technologies' value that differs from its market value or its book value, called intrinsic value, which is Trane Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trane Technologies' market value can be influenced by many factors that don't directly affect Trane Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trane Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Trane Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trane Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.