Trane(TT)

Trane (TT) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for TT · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$473.60last close · Jul 22, 202652-week range $348.06 – $505.87 · 6.38% below the high

TT Falling Wedge Pattern

TT is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $466.07 (+10.4%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; TT's own falling wedges have hit 51.6%.

DirectionBullishTarget$466.07Projected move+10.4%Breakout level$423.22

New to this pattern? What a falling wedge is and how to trade it →

TT's Most Recent Falling Wedge Trade

TT's most recent completed falling wedge resolved as a win: it broke higher on Apr 2, 2026 near $427.13, then reached its target at $477.45 on May 5, 2026 — a 11.8% move (+2.10R) over 22 sessions. Across 143 backtested falling wedges, this setup wins 49.7% of the time.

OutcomeWinResult+11.8%R+2.10REntry$427.13Exit$477.45

Learn about falling wedge

How Falling Wedges Have Performed

Win rate

56.4%

Avg return

+0.52R

Backtested trades

10,683

TT win rate

51.6%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

TT Pattern Trade History

Every completed pattern trade our nightly backtest found on TT's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Falling Wedge	Apr 2, 2026 @ $427.13	May 5, 2026 @ $477.45	Win	+10.4% · +2.10R
Falling Wedge	Dec 26, 2025 @ $393.51	Jan 6, 2026 @ $381.10	Loss	+7.0% · -1.01R
Falling Wedge	Dec 12, 2025 @ $393.10	Jan 29, 2026 @ $426.07	Loss	+11.7% · -1.11R
Bullish Pennant	Jul 17, 2025 @ $442.36	Jul 30, 2025 @ $431.44	Loss	+5.3% · -0.60R
Falling Wedge	Mar 14, 2025 @ $343.80	Mar 28, 2025 @ $332.00	Loss	+12.0% · -1.12R
Rising Wedge	Sep 16, 2024 @ $367.70	Dec 3, 2024 @ $412.56	Win	+13.4% · +1.57R
Rising Wedge	Jul 25, 2024 @ $325.12	Aug 21, 2024 @ $351.66	Loss	+7.9% · -1.01R
Rising Wedge	Jun 28, 2024 @ $328.12	Jul 16, 2024 @ $346.32	Loss	+11.2% · -1.05R
Rising Wedge	Mar 13, 2023 @ $183.93	Apr 5, 2023 @ $168.95	Win	+10.3% · +1.22R
Falling Wedge	Oct 24, 2022 @ $147.24	Nov 28, 2022 @ $174.39	Win	+10.2% · +3.50R
Triangle	Apr 25, 2022 @ $144.90	May 19, 2022 @ $128.81	Win	+11.8% · +1.18R
Falling Wedge	Mar 15, 2022 @ $151.97	Apr 29, 2022 @ $139.89	Loss	+13.7% · -1.28R

Falling Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

ALNYAlnylam Pharmaceuticals

Winning trade · +18.8%

Opened Feb 6, 2026

Closed Jul 22, 2026

Open ALNY’s live chart →

Open BA’s live chart →

BDXBecton Dickinson

Winning trade · +2.8%

Opened Jun 25, 2026

Closed Jul 21, 2026

Open BDX’s live chart →

HIIHuntington Ingalls Industries

Winning trade · +13.1%

Opened Jun 1, 2026

Closed Jul 21, 2026

Open HII’s live chart →

Learn about falling wedge

TT Support and Resistance Levels

Price is being turned away at a ceiling near $492.25 and starting to slide. On the weekly chart, the next floor below sits near $445.59 — about 6% away.

Traders commonly watch $445.59 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $492.25 ceiling about a week ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

TT Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$468.45	$476.42	$465.57	$473.60
Jul 21, 2026	$474.42	$478.18	$466.14	$469.89
Jul 20, 2026	$474.70	$478.64	$461.50	$468.16
Jul 17, 2026	$465.76	$474.33	$459.75	$469.98
Jul 16, 2026	$469.04	$479.06	$465.48	$475.00
Jul 15, 2026	$485.21	$487.48	$471.35	$480.20
Jul 14, 2026	$484.02	$490.76	$479.37	$483.55
Jul 13, 2026	$475.73	$483.55	$471.97	$479.90
Jul 10, 2026	$472.00	$482.51	$469.82	$479.70
Jul 9, 2026	$482.33	$482.33	$464.21	$472.00

TT Frequently Asked Questions

What chart pattern is TT forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Trane (TT) on the daily chart, with a measured-move target of $466.07.

Is a falling wedge bullish or bearish?

The falling wedge detected on TT is a bullish pattern, projecting a measured-move target of $466.07. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a falling wedge pattern, and what is its win rate?

Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.

What is the price target if TT's pattern breaks out?

The detected falling wedge has a geometry-based measured-move target of $466.07 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was TT's closing price on Jul 22, 2026?

Trane (TT) last closed at $473.60 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.