CUSTOM TRUCK ONE SOURCE INC (CTOS) Stock Technical Analysis
NYSE:CTOS - New York Stock Exchange, Inc. - US23204X1037 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to CTOS. Both in the recent history as in the last year, CTOS 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.
CTOS is part of the Trading Companies & Distributors industry. There are 49 other stocks in this industry. CTOS outperforms 79% of them.
In the last month CTOS has a been trading in the 4.50 - 5.15 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that CTOS is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
CTOS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CTOS is lagging the market.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, CTOS also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.96, a Stop Loss order could be placed below this zone.
More info and screens
3.47
5.42
3 important support areas can be observed.
- A support zone ranging from 4.82 to 4.96. 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 4.53 to 4.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.50 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 5.15 to 5.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.28 from a trend line in the weekly time frame.
- Resistance @5.37 from a horizontal line in the daily time frame.
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 CTOS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTOS is up. |
| ChartMill Relative Strength | 85.05 | POSITIVE | CTOS has a high relative strength, it outperformed 85.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTOS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTOS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTOS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.26 | NEUTRAL | The RSI value for CTOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CTOS has a positive trend. |
| Stochastics (14,3) | 75.94 | NEUTRAL | The Stochastics value for CTOS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for CTOS suggests some volalility. |
| Average Directional Index/ADX (14) | 28.92 | POSITIVE | The high ADX value value for CTOS suggests a strong 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 |
|---|---|---|---|
| 5.16 | 4.81 | 0.35 (6.78%) | 14.74% |
| An entry @5.16. This is a Buy Stop order right above the resistance zone. | An exit @4.81. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.35 points, which is 6.78%. | For a 1.00% total portfolio risk, you can invest 14.74% 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.
5.14
+0.14 (+2.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg2.8%
1 Week1.38%
2 Weeks8.44%
1 Month11.74%
3 Month46.02%
6 Month5.54%
12 Month22.97%
2 Year-25.72%
3 Year-16.96%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%3.33%
ATR Inc3.26%
Range Today0.19
ADR(20)0.16
ADR(20)%3.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.05
Mansfield0.57
10 Day High5.15
10 Day Low4.63
20 Day High5.15
20 Day Low4.5
52 Week High6.11
52 Week Low3.03
CS1 End4.96
CR1 Start5.15
Volume & EV
DER(3)0.67%
DER(5)-2.3%
Volume418.90K
Volume Incr156.97%
Vol(5)1.09M
Vol(50)586.54K