CINTAS CORP (CTAS) Stock Technical Analysis
NASDAQ:CTAS - Nasdaq - US1729081059 - Common Stock - Currency: USD
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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CTAS did better than 89% of all other stocks. On top of that, CTAS also shows a nice and consistent pattern of rising prices.
CTAS is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry. CTAS outperforms 76% of them.
CTAS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CTAS is performing more or less in line with the market.
CTAS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
CTAS has an average volume of 1923310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CTAS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 225.72. Right above this resistance zone may be a good entry point.
More info and screens
188.20
228.74
4 important support areas can be observed.
- A support zone ranging from 219.68 to 220.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 207.07 to 209.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @196.54 from a trend line in the weekly time frame.
- A support zone ranging from 190.10 to 193.32. 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 225.72 to 226.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for CTAS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTAS is up. |
| ChartMill Relative Strength | 89.01 | POSITIVE | CTAS has a high relative strength, it outperformed 89.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTAS is above 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) | UP | POSITIVE | The current price of CTAS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.36 | NEUTRAL | The RSI value for CTAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests CTAS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.85 | OVERBOUGHT | The high Stochastics value suggests CTAS may be overbought. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for CTAS suggests low volalility. |
| Average Directional Index/ADX (14) | 24.83 | NEUTRAL | The ADX value for CTAS suggests a possible start of a new trend. |
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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 226.49 | 219.67 | 6.82 (3.01%) | 25.00% |
| An entry @226.49. This is a Buy Stop order right above the resistance zone. | An exit @219.67. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.82 points, which is 3.01%. | For a 0.75% 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.
222.29
+0.63 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.28%
1 Week0.65%
2 Weeks3.52%
1 Month6.67%
3 Month8.74%
6 Month0.24%
12 Month30.22%
2 Year88.33%
3 Year123.22%
5 Year258.59%
10 Year932.83%
15 Year3319.85%
Volatility
ATR(14)3.41
ATR(20)%1.62%
ATR Inc4.07%
Range Today4.06
ADR(20)3.51
ADR(20)%1.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.01
Mansfield0.95
10 Day High223.3
10 Day Low212.67
20 Day High223.3
20 Day Low205.6
52 Week High228.12
52 Week Low164.93
CS1 End220.93
CR1 Start225.72
Volume & EV
DER(3)-2.07%
DER(5)-0.18%
Volume1.30M
Volume Incr-14.71%
Vol(5)1.27M
Vol(50)1.92M