This is Scott with your Chart of the Day. I want to take a look at Trane Technologies ( NYSE: TT ).

Nothing has been able to stop this Trane ( NYSE: TT ) as it’s been in a strong uptrend since November of 2023. It looks like it moved right through that 50-day moving average, on higher-than-expected earnings. It has just been going, and going, and going, holding that blue line, the 21-day EMA, all the way up.

Well recently, after its last earnings report, it’s been holding in tightly. It’s not going as vertical, which is good. Because that could offer a new entry on this stock. I want to see a breakthrough, 277.30, coming on volume here on TT ( NYSE: TT ). That would bring us through that level, and ideally, it would do it on higher than average volume.

If I zoom all the way out, you can see this stock is hitting, potentially, an all-time high with that breakout. And if you haven’t heard, stocks that make all-time highs tend to keep making them. So I definitely would watch for a strong move through 277.30, coming on volume, and look for a continuation of this uptrend. They don’t have their next earnings until May, so this stock could keep going at least up until then, as long as the market remains strong.