TT
Trane Technologies plc Industrials - HVAC Investor Relations →
Trane Technologies plc (TT) closed at $454.76 as of 2026-02-02, trading 63.1% above its 200-week moving average of $278.88. The stock moved further from the line this week, up from 51.7% last week. The 14-week RSI sits at 52, indicating neutral momentum.
Over the past 2346 weeks of data, TT has crossed below its 200-week moving average 21 times. On average, these episodes lasted 21 weeks. Historically, investors who bought TT at the start of these episodes saw an average one-year return of +11.0%.
With a market cap of $100.8 billion, TT is a large-cap stock. The company generates a free cash flow yield of 2.1%. Return on equity stands at 37.0%, indicating strong profitability. The stock trades at 11.7x book value.
Over the past 33.2 years, a hypothetical investment of $100 in TT would have grown to $11237, compared to $2849 for the S&P 500. That represents an annualized return of 15.3% vs 10.6% for the index — confirming TT as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 26.7% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: TT vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After TT Crosses Below the Line?
Across 16 historical episodes, buying TT when it crossed below its 200-week moving average produced an average return of +19.6% after 12 months (median +37.0%), compared to +2.7% for the S&P 500 over the same periods. 81% of those episodes were profitable after one year. After 24 months, the average return was +42.5% vs +12.5% for the index.
Each line shows $100 invested at the moment TT crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
TT has crossed below its 200-week MA 21 times with an average 1-year return of +11.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jun 1981 | Jun 1983 | 104 | 38.0% | -39.0% | +42407.0% |
| Jul 1983 | Sep 1983 | 8 | 6.4% | -25.3% | +50184.1% |
| Oct 1983 | Jan 1984 | 12 | 14.0% | -4.4% | +56516.7% |
| Jan 1984 | Jan 1985 | 49 | 27.0% | -3.1% | +50080.5% |
| Oct 1990 | Jan 1991 | 16 | 22.1% | +48.8% | +23952.8% |
| Feb 1995 | Mar 1995 | 3 | 2.1% | +39.9% | +11936.5% |
| Feb 2000 | Mar 2000 | 6 | 15.8% | +15.1% | +5620.7% |
| Apr 2000 | Apr 2000 | 1 | 1.4% | +3.2% | +5189.0% |
| Jun 2000 | Aug 2000 | 10 | 12.7% | +13.0% | +5364.9% |
| Sep 2000 | Apr 2001 | 31 | 26.5% | -10.1% | +5085.8% |
| Jun 2001 | Feb 2002 | 34 | 31.2% | +3.9% | +4737.0% |
| Jul 2002 | Apr 2003 | 43 | 26.6% | +7.3% | +4641.7% |
| Jan 2008 | Feb 2008 | 6 | 6.7% | -50.3% | +2550.4% |
| Jun 2008 | Nov 2009 | 74 | 68.5% | -39.9% | +2354.1% |
| Jan 2010 | Mar 2010 | 6 | 10.7% | +43.2% | +2788.4% |
| Mar 2010 | Mar 2010 | 1 | 0.1% | +40.1% | +2601.1% |
| Jun 2010 | Jul 2010 | 3 | 3.8% | +42.4% | +2702.7% |
| Aug 2010 | Sep 2010 | 3 | 2.3% | -6.0% | +2658.8% |
| Aug 2011 | Jan 2012 | 23 | 19.7% | +35.8% | +2808.0% |
| Jan 2016 | Jan 2016 | 1 | 1.0% | +59.1% | +1264.8% |
| Jun 2022 | Jun 2022 | 1 | 0.6% | +57.2% | +291.7% |
| Average | 21 | — | +11.0% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02