CTS CORP (CTS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CTS - US1265011056 - Common Stock
Overall CTS gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CTS is only an average performer.
Although CTS has an excellent technical rating, the quality of the presented setup is not ideal 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.
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35.69
When analyzing the support we can see 4 important areas.
- A support zone ranging from 43.03 to 44.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.18 to 40.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 36.79 to 37.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @36.05 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 45.69 to 45.69. 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 CTS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTS is up. |
| ChartMill Relative Strength | 57.57 | NEUTRAL | CTS is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of CTS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.16 | NEUTRAL | The RSI value for CTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CTS has a positive trend. |
| Stochastics (14,3) | 93.13 | OVERBOUGHT | The high Stochastics value suggests CTS may be overbought. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for CTS suggests some volalility. |
| Average Directional Index/ADX (14) | 18.47 | NEGATIVE | The low ADX value for CTS suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 45.70 | 42.64 | 3.06 (6.70%) | 14.93% |
| An entry @45.70. This is a Buy Stop order right above the resistance zone. | An exit @42.64. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.06 points, which is 6.70%. | When investing 14.93% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
45.68
+0.57 (+1.26%)
CTS CORP / CTS FAQ
What is the ChartMill technical rating of CTS CORP (CTS) stock?
ChartMill assigns a technical rating of 8 / 10 to CTS.
Can you provide the trend direction for CTS CORP?
The current trend direction for CTS CORP (CTS) is Bullish.
What is the RSI signal for CTS CORP (CTS) stock?
CTS CORP (CTS) has an RSI value of 61.1613. This indicates that the stock is currently neutral.
What is the short term momentum for CTS stock?
The short term momentum for CTS CORP (CTS) is positive.
What is the buy/sell signal for CTS stock?
The buy/sell signal for CTS CORP (CTS) is buy as both the short term and long term trends are positive.