CTAS Technical Analysis - CINTAS CORP

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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

80% of all other stocks performed better in the past year than CTAS.

In the last month CTAS has a been trading in the 198.01 - 219.87 range, which is quite wide. It is currently trading near the lows of this range.

CTAS has an average volume of 1668060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

CTAS is part of the Commercial Services & Supplies industry. There are 84 other stocks in this industry, CTAS did better than 40% of them.

CTAS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CTAS is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

CTAS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

197.97

229.95

We found 1 important support area.

Support @199.97 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

A resistance zone ranging from 201.24 to 202.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 225.79 to 227.67. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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	20.56	NEGATIVE	CTAS has a low relative strength, it was outperformed by 79.44% 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)	31.53	NEUTRAL	The RSI value for CTAS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.4	NEGATIVE	The MACD value suggests CTAS has a negative trend, although the MACD value is rising.
Stochastics (14,3)	7.65	OVERSOLD	The low Stochastics value suggests CTAS may be oversold.
Average True Range in percent/ATR (20)	1.71	LOW VOLATILITY	The low ATR as a percentage value for CTAS suggests low volalility.
Average Directional Index/ADX (14)	31.06	POSITIVE	The high ADX value value for CTAS suggests a strong trend.