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

Auto-detected technical analysis for TT · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$472.24last close · Aug 4, 202652-week range $348.06 – $505.87 · 6.65% below the high

TT Falling Wedge Pattern

TT is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

A falling wedge usually breaks higher, but TT is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $347.47 (−11.7%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; TT's own falling wedges have hit 52.9%.

DirectionBearishTarget$347.47Projected move−11.7%Breakout level$395.07

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 loss: it broke higher on Dec 26, 2025 near $393.51, then was stopped out at $381.10 on Jan 6, 2026 — a -1.01R move (3.2%) over 6 sessions. Across 169 backtested falling wedges, this setup wins 53.3% of the time.

OutcomeLossResult-1.01REntry$393.51Exit$381.10

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
TT win rate
52.9%

Historical pattern statistics (2006-08-04 – 2026-08-03), 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.

PatternEntryExitOutcomeResult
Falling WedgeDec 26, 2025 @ $393.51Jan 6, 2026 @ $381.10Loss-1.01R
Falling WedgeDec 12, 2025 @ $393.09Jan 29, 2026 @ $426.07Loss-1.11R
Bullish PennantJul 17, 2025 @ $442.36Jul 30, 2025 @ $431.44Loss-0.60R
Falling WedgeMar 14, 2025 @ $343.80Mar 28, 2025 @ $332.00Loss-1.12R
Falling WedgeMar 6, 2025 @ $339.92Apr 7, 2025 @ $299.10Win+1.31R
Rising WedgeSep 16, 2024 @ $367.70Dec 3, 2024 @ $412.56Win+1.57R
Rising WedgeAug 2, 2024 @ $325.18Aug 21, 2024 @ $351.66Loss-1.01R
Rising WedgeJun 28, 2024 @ $328.12Jul 16, 2024 @ $346.32Loss-1.05R
Falling WedgeApr 5, 2023 @ $171.89May 1, 2023 @ $187.70Loss-1.09R
Rising WedgeMar 13, 2023 @ $183.93May 23, 2023 @ $167.86Win+1.31R
TriangleMar 3, 2023 @ $189.41Mar 15, 2023 @ $178.58Loss-1.00R
Falling WedgeOct 24, 2022 @ $147.24Nov 28, 2022 @ $174.39Win+3.50R

TT Support and Resistance Levels

Price is bouncing off a floor near $441.84 and starting to climb. On the weekly chart, the next ceiling overhead sits near $526.48 — about 11% away.

  • Traders commonly watch $526.48 as a target (its 161.8% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $441.84 floor about a week ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $445.92, resistance near $521.22. These are chart/swing-derived levels, not formula pivots.

Resistance
$521.22$565.82$601.07$675.18
Support
$445.92$427.21$376.21$359.03$356.14$351.01$347.29

TT Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$461.72$474.70$455.85$472.24
Aug 3, 2026$455.77$463.22$453.43$461.21
Jul 31, 2026$453.62$459.49$450.51$454.95
Jul 30, 2026$467.91$467.91$439.82$440.28
Jul 29, 2026$472.17$472.17$444.33$446.80
Jul 28, 2026$477.35$478.68$460.62$470.03
Jul 27, 2026$485.08$488.56$474.43$483.34
Jul 24, 2026$477.28$486.51$474.08$480.99
Jul 23, 2026$472.22$480.68$470.88$479.71
Jul 22, 2026$468.45$476.42$465.57$473.60

TT Frequently Asked Questions

What chart pattern is TT forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Trane (TT) on the daily chart, with a measured-move target of $347.47.
Is a falling wedge bullish or bearish?
The falling wedge detected on TT is a bearish pattern, projecting a measured-move target of $347.47. 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 (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for TT?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), TT's nearest support is around $445.92 and nearest resistance around $521.22.
What is the price target if TT's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $347.47 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was TT's closing price on Aug 4, 2026?
Trane (TT) last closed at $472.24 on Aug 4, 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.