CTS CORP (CTS) Stock Technical Analysis
USA - NYSE:CTS - US1265011056 - Common Stock
We assign a technical rating of 3 out of 10 to CTS. In the past year, CTS was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
CTS 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. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
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35.68
When analyzing the support we can see 2 important areas.
- A support zone ranging from 40.91 to 41.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 36.04 to 36.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @41.84 from a trend line in the weekly time frame.
- A resistance zone ranging from 42.59 to 42.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Strong resistance @43.82 from a horizontal line in the daily time frame.
- A resistance zone ranging from 44.63 to 44.63. 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 | NEUTRAL | NEUTRAL | The long term trend for CTS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTS is up. |
| ChartMill Relative Strength | 19.75 | NEGATIVE | CTS has a low relative strength, it was outperformed by 80.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CTS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CTS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.05 | NEUTRAL | The RSI value for CTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests CTS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.5 | NEUTRAL | The Stochastics value for CTS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for CTS suggests some volalility. |
| Average Directional Index/ADX (14) | 23.9 | NEUTRAL | The ADX value for CTS suggests a possible start of a new trend. |
41.64
+0.13 (+0.31%)
CTS CORP / CTS FAQ
What is the ChartMill technical rating of CTS CORP (CTS) stock?
ChartMill assigns a technical rating of 3 / 10 to CTS.
What is the current trend direction of CTS CORP (CTS) stock?
The current trend direction for CTS CORP (CTS) is Bearish.
Can you provide the RSI signal for CTS CORP?
CTS CORP (CTS) has an RSI value of 55.051. This indicates that the stock is currently neutral.
What is the MACD signal for CTS CORP (CTS) stock?
The MACD indicator for CTS CORP (CTS) has a value of 0.163542, indicating a bearish trend.