TT Price Prediction Next Week
Technical Analysis
Based on the technical analysis, TT has formed a concerning pattern with its 50-day moving average approaching the 200-day moving average, potentially forming a "death cross" pattern. The stock's 50-day average is within reach of its 200-day counterpart of $366, indicating bearish momentum.
News Sentiment Analysis Recent news suggests TT is facing some headwinds:
- The stock has lost more than 6% year to date in 2025
- TT hasn't seen a death cross pattern since mid-2022, but current technical indicators suggest increased downside risk
- Political uncertainty around climate solutions and green investments is creating additional pressure on the company's outlook
Valuation Analysis
Despite technical weakness, TT received a high rating of 87% from Validea's P/E/Growth Investor model, suggesting strong fundamentals in the Misc. Capital Goods industry.
Price Prediction for Next Week Based on technical indicators and current market sentiment:
- Resistance level: $370
- Support level: $355
- Most likely price range: $358-$365
Trading Recommendation: SELL
- Entry point: Current market price
- Target exit: $358
- Stop loss: $372
The formation of a potential death cross pattern, combined with broader market uncertainties and sector-specific challenges, suggests further downside risk in the near term. The stock is likely to test support levels around $358 next week.
TT Similar Chart Price Prediction
The price of TT is predicted to go up -31.9%, based on the high correlation periods with WRLD. The similarity of these two price pattern on the periods is 97.13%.
TT
WRLD
Down: -31.9%Similarity: 97.13%
TT Revenue Forecast
TT EPS Forecast
TT FAQs
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TT VS S&P500
Trane should benefit from secular trends in global urbanization and increased demand for energy-efficient building solutions.
With a company mission to address climate change and energy-efficiency challenges with its products and services, Trane has become a popular ESG play.
Trane generates significant aftermarket and replacement sales on its large installed base, which helps damp cyclicality.
TT Analyst's Forecast
Stephen Tusa
JP Morgan
Hold
2025-01-15
Price Target
$390 → $387
Upside
+0.38%
JPMorgan analyst Stephen Tusa lowered the firm's price target on Trane to $387 from $390 and keeps a Neutral rating on the shares. The firm updated models in the electrical equipment and multi-industry space ahead of the Q4 reports.
Andrew Kaplowitz
Citigroup
Strong Buy
2025-01-13
Price Target
$478 → $476
Upside
+26.27%
Deane Dray
RBC Capital
Hold
2025-01-03
Price Target
$390 → $395
Upside
+3.64%
