CINTAS CORP (CTAS) Technical Analysis
NASDAQ:CTAS • US1729081059
Current stock price
194.28 USD
+1.02 (+0.53%)
At close:
194.28 USD
0 (0%)
After Hours:
CTAS Technical Rating and Analysis
Taking everything into account, CTAS scores 4 out of 10 in our technical rating. In the last year, CTAS was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- 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.
- In the last month CTAS has a been trading in the 191.35 - 209.08 range, which is quite wide. It is currently trading near the lows of this range.
- CTAS has an average volume of 1959640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, CTAS outperforms 51% of them, which is more or less in line with the market.
- CTAS is an average performer in the Commercial Services & Supplies industry, it outperforms 66% of 82 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
CTAS Weekly and Daily overview Charts
CTAS Setup Rating and Analysis
Although the technical rating is only medium, CTAS does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 194.21, 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.
More info and screens
CTAS Support and Resistance Analysis
180.21
228.05
2 important support areas can be observed.
- Support @194.21 from a trend line in the daily time frame.
- A support zone ranging from 182.03 to 184.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 194.84 to 199.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 203.62 to 205.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for CTAS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CTAS is neutral. |
| ChartMill Relative Strength | 51.1 | NEUTRAL | CTAS is not amongst the best or worst performers 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) | UP | MIXED | The current price of CTAS is below 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) | 44.44 | NEUTRAL | The RSI value for CTAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.99 | NEGATIVE | The MACD value suggests CTAS has a negative trend. |
| Stochastics (14,3) | 22.24 | NEUTRAL | The Stochastics value for CTAS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for CTAS suggests some volalility. |
| Average Directional Index/ADX (14) | 22.91 | NEUTRAL | The ADX value for CTAS suggests a possible start of a new trend. |
CTAS Chart- and CandleStick Pattern Analysis
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)
CTAS Technicals: Chart, Performance Metrics, Trend & Indicators
194.28
+1.02 (+0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.53%
1 Week-4.58%
2 Weeks-3.41%
1 Month-0.93%
3 Month3.6%
6 Month-4%
12 Month0.75%
2 Year13.11%
3 Year67.96%
5 Year127.69%
10 Year765.29%
15 Year2466.45%
Volatility
ATR(14)5.63
ATR(20)%2.58%
ATR Inc-1.93%
Range Today3.5
ADR(20)4.94
ADR(20)%2.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.1
3 months CRS77.7
6 months CRS39.5
Mansfield-0.88
10 Day High209.08
10 Day Low191.35
20 Day High209.08
20 Day Low191.35
52 Week High229.24
52 Week Low180.39
CS1 End194.21
CR1 Start194.84
Volume & EV
DER(3)-0.75%
DER(5)-0.49%
Volume2.27M
Volume Incr50.1%
Vol(5)2.88M
Vol(50)1.96M
CINTAS CORP / CTAS TA FAQ
Can you provide the ChartMill technical rating for CINTAS CORP?
ChartMill assigns a technical rating of 4 / 10 to CTAS.
What is the trend direction for CTAS stock?
The current trend direction for CINTAS CORP (CTAS) is Bearish.
Can you provide the RSI signal for CINTAS CORP?
CINTAS CORP (CTAS) has an RSI value of 44.4368. This indicates that the stock is currently neutral.
What is the short term momentum for CINTAS CORP (CTAS) stock?
The short term momentum for CINTAS CORP (CTAS) is neutral.