CINTAS CORP (CTAS)

US1729081059 - Common Stock

628.36  -0.25 (-0.04%)

After market: 628.36 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to CTAS. Both in the recent history as in the last year, CTAS has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CTAS is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by CTAS over the past year are nicely spread over this period.
CTAS is part of the Commercial Services & Supplies industry. There are 84 other stocks in this industry. CTAS outperforms 84% of them.
CTAS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CTAS has a been trading in a tight range between 602.80 and 636.37.
Weekly and Daily overview Charts
CTAS Weekly chart
CTAS Daily chart
Setup Rating and Analysis

8

CTAS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 633.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 627.93, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

475.44

640.29

We found 7 important support areas.

  • A support zone ranging from 614.65 to 627.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 597.81 to 604.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @577.25 from a horizontal line in the daily time frame.
  • Support @525.40 from a trend line in the weekly time frame.
  • Support @501.84 from a trend line in the daily time frame.
  • Support @492.38 from a horizontal line in the daily time frame.
  • A support zone ranging from 480.24 to 482.59. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 633.11 to 633.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.83
Mansfield0.55
10 Day High636.37
10 Day Low611.07
20 Day High636.37
20 Day Low602.8
52 Week High636.37
52 Week Low425
Performance
1 Week-0.75%
2 Weeks1.18%
1 Month1.75%
3 Month12.56%
6 Month24.36%
12 Month42.21%
2 Year47.71%
3 Year84.1%
5 Year210.9%
10 Year954.12%
15 Year2441.91%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.12
RSI(14)61.36
LBB605.14
UBB639.33
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
633.96614.6419.32 (3.05%)25.00%
An entry @633.96. This is a Buy Stop order right above the resistance zone.An exit @614.64. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 19.32 points, which is 3.05%.For a 0.76% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CTAS Daily chart

CINTAS CORP

NASDAQ:CTAS (3/1/2024, 7:00:01 PM)

After market: 628.36 0 (0%)

628.36

-0.25 (-0.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.04%
1 Week-0.75%
2 Weeks1.18%
1 Month1.75%
3 Month12.56%
6 Month24.36%
12 Month42.21%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)7.79
ATR(20)%1.23%
ATR Inc
Range Today10.7
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High636.37
10 Day Low611.07
20 Day High636.37
20 Day Low602.8
52 Week High636.37
52 Week Low425
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume296.60K
Volume Incr-4.16%
Vol(5)325.90K
Vol(50)332.53K