Taking everything into account, CTAS scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CTAS was also a bad performer in the overall market in the last year.
CTAS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 184.36, a Stop Loss order could be placed below this zone.
180.21
We found 1 important support area.
When analyzing the resistance we notice 3 important areas.
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 | NEUTRAL | NEUTRAL | The short term trend for CTAS is neutral. |
| ChartMill Relative Strength | 32.75 | NEUTRAL | CTAS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CTAS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTAS is above the rising 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) | 49.19 | NEUTRAL | The RSI value for CTAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests CTAS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.47 | NEUTRAL | The Stochastics value for CTAS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for CTAS suggests low volalility. |
| Average Directional Index/ADX (14) | 20.7 | NEUTRAL | The ADX value for CTAS suggests a possible start of a new trend. |
190.73
-0.18 (-0.09%)
ChartMill assigns a technical rating of 2 / 10 to CTAS.
The current trend direction for CINTAS CORP (CTAS) is Bearish.
CINTAS CORP (CTAS) has an RSI value of 49.1858. This indicates that the stock is currently neutral.
The short term momentum for CINTAS CORP (CTAS) is neutral.