CINTAS CORP (CTAS) Technical Analysis
NASDAQ:CTAS • US1729081059
Current stock price
CTAS Technical Rating and Analysis
Overall CTAS gets a technical rating of 0 out of 10. CTAS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 78% of all other stocks performed better in the past year than CTAS.
- CTAS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CTAS is lagging the market.
- CTAS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- CTAS has an average volume of 2271690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CTAS is an average performer in the Commercial Services & Supplies industry, it outperforms 48% of 81 stocks in the same industry.
CTAS Weekly and Daily overview Charts
CTAS Setup Rating and Analysis
CTAS has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CTAS Support and Resistance Analysis
164.04
When analyzing the support we notice one important area.
- A support zone ranging from 165.70 to 165.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 174.35 to 174.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 200.59 to 201.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @205.26 from a horizontal line in the daily time frame.
- Resistance @225.79 from a horizontal line in the weekly time frame.
CTAS Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CTAS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTAS is down. |
| ChartMill Relative Strength | 22.68 | NEGATIVE | CTAS has a low relative strength, it was outperformed by 77.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTAS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CTAS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CTAS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.78 | NEUTRAL | The RSI value for CTAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.13 | NEGATIVE | The MACD value suggests CTAS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.34 | NEUTRAL | The Stochastics value for CTAS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for CTAS suggests some volalility. |
| Average Directional Index/ADX (14) | 23.76 | NEUTRAL | The ADX value for CTAS suggests a possible start of a new trend. |
CTAS Chart- and CandleStick Pattern Analysis
CTAS Technicals: Chart, Performance Metrics, Trend & Indicators
174.34
+2.3 (+1.34%)
CINTAS CORP / CTAS TA FAQ
Can you provide the ChartMill technical rating for CINTAS CORP?
ChartMill assigns a technical rating of 0 / 10 to CTAS.
What is the trend direction for CTAS stock?
The current trend direction for CINTAS CORP (CTAS) is Bearish.
What is the RSI signal for CINTAS CORP (CTAS) stock?
CINTAS CORP (CTAS) has an RSI value of 36.7767. This indicates that the stock is currently neutral.
What is the MACD signal for CTAS stock?
The MACD indicator for CINTAS CORP (CTAS) has a value of -1.13179, indicating a bearish trend.
What is the short term momentum for CTAS stock?
The short term momentum for CINTAS CORP (CTAS) is negative.