CTS CORP (CTS) Stock Technical Analysis
NYSE:CTS - US1265011056 - Common Stock
43.54 USD
+2 (+4.81%)
43.54 USD
0 (0%)
We assign a technical rating of 5 out of 10 to CTS. In the last year, CTS was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
73% of all other stocks performed better in the past year than CTS.
CTS is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 62% of 124 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month CTS has a been trading in the 37.96 - 43.72 range, which is quite wide. It is currently trading near the high of this range.
CTS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CTS is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CTS has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
36.32
45.08
When analyzing the support we can see 3 important areas.
- A support zone ranging from 41.42 to 41.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.08 to 38.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.69 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 43.82 to 43.85. This zone is formed by a combination of multiple trend lines 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 | 27.1 | NEGATIVE | CTS has a low relative strength, it was outperformed by 72.9% 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) | UP | POSITIVE | The current price of CTS is above the rising 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) | 64.17 | NEUTRAL | The RSI value for CTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests CTS has a positive trend. |
| Stochastics (14,3) | 82.64 | OVERBOUGHT | The high Stochastics value suggests CTS may be overbought. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for CTS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.87 | NEGATIVE | The low ADX value for CTS suggests a weak or negative 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)
43.54
+2 (+4.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg4.81%
1 Week6.27%
2 Weeks11.13%
1 Month5.09%
3 Month9.76%
6 Month-4.93%
12 Month-12.32%
2 Year-2.49%
3 Year2.88%
5 Year108.33%
10 Year130.98%
15 Year441.54%
Volatility
ATR(14)0.96
ATR(20)%2.37%
ATR Inc44.9%
Range Today1.94
ADR(20)0.94
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.1
Mansfield-1.35
10 Day High43.72
10 Day Low39.09
20 Day High43.72
20 Day Low37.96
52 Week High59.68
52 Week Low34.02
CS1 End41.57
CR1 Start43.82
Volume & EV
DER(3)1.12%
DER(5)-0.49%
Volume152.90K
Volume Incr-42.86%
Vol(5)144.50K
Vol(50)216.55K