Is Trane Technologies Plc technically bullish or bearish?
As of June 27, 2025, the market trend has shifted to bullish, supported by strong indicators like the weekly MACD and Bollinger Bands, although caution is advised due to a bearish weekly RSI.
As of 27 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish. Daily moving averages also indicate a bullish trend. However, the weekly RSI is bearish, which suggests some caution. The Dow Theory confirms a bullish outlook on both weekly and monthly time frames. Overall, the strength of the bullish stance is reinforced by the positive performance relative to the S&P 500 over multiple time frames, particularly the 1Y and 3Y returns.
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