CUSTOM TRUCK ONE SOURCE INC (CTOS) Stock Technical Analysis
NYSE:CTOS - US23204X1037 - Common Stock
5.94 USD
-0.09 (-1.49%)
5.94 USD
0 (0%)
Taking everything into account, CTOS scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that CTOS is one of the better performing stocks in the market, outperforming 90% of all stocks.
CTOS is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 87% of 48 stocks in the same industry.
CTOS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CTOS is lagging the market slightly.
In the last month CTOS has a been trading in the 5.28 - 6.64 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
CTOS has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.51
6.26
When analyzing the support we can see 2 important areas.
- Support @5.59 from a horizontal line in the daily time frame.
- Support @3.55 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.12 to 6.20. 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 CTOS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CTOS is neutral. |
| ChartMill Relative Strength | 90.48 | POSITIVE | CTOS has a high relative strength, it outperformed 90.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CTOS is above a declining 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) | 54.19 | NEUTRAL | The RSI value for CTOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CTOS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.64 | NEUTRAL | The Stochastics value for CTOS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.6 | HIGH VOLATILITY | The high ATR as a percentage value for CTOS suggests high volalility. |
| Average Directional Index/ADX (14) | 28.7 | 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)
5.94
-0.09 (-1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-1.49%
1 Week-3.26%
2 Weeks6.07%
1 Month-0.17%
3 Month38.14%
6 Month34.09%
12 Month44.88%
2 Year-11.48%
3 Year-9.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%5.6%
ATR Inc4.39%
Range Today0.15
ADR(20)0.31
ADR(20)%5.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.48
Mansfield1.65
10 Day High6.28
10 Day Low5.28
20 Day High6.64
20 Day Low5.28
52 Week High6.64
52 Week Low3.03
CS1 End5.59
CR1 Start6.12
Volume & EV
DER(3)1.9%
DER(5)0.29%
Volume376.64K
Volume Incr-47.86%
Vol(5)433.13K
Vol(50)761.88K