CTS CORP (CTS) Stock Technical Analysis
NYSE:CTS - New York Stock Exchange, Inc. - US1265011056 - Common Stock - Currency: USD
Taking everything into account, CTS scores 1 out of 10 in our technical rating. CTS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
86% 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. 76% of 125 stocks in the same industry do better.
CTS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CTS has a been trading in the 40.07 - 45.26 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
CTS has a poor technical rating and the quality of the setup is also 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
35.68
45.08
2 important support areas can be observed.
- Support @36.69 from a horizontal line in the weekly time frame.
- Support @36.04 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 41.37 to 42.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.44 to 43.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | DOWN | NEGATIVE | The long term trend for CTS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTS is down. |
| ChartMill Relative Strength | 14.15 | NEGATIVE | CTS has a low relative strength, it was outperformed by 85.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CTS is below 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) | 39.04 | NEUTRAL | The RSI value for CTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests CTS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.34 | OVERSOLD | The low Stochastics value suggests CTS may be oversold. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for CTS suggests some volalility. |
| Average Directional Index/ADX (14) | 10.83 | 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)
40.44
-0.27 (-0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.66%
1 Week-2.55%
2 Weeks-6.54%
1 Month-6.61%
3 Month0.85%
6 Month-22.6%
12 Month-22.66%
2 Year-9.39%
3 Year-0.59%
5 Year103.62%
10 Year115.22%
15 Year332.51%
Volatility
ATR(14)1.07
ATR(20)%2.62%
ATR Inc-15.48%
Range Today1.4
ADR(20)1.02
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.15
Mansfield-2
10 Day High43.65
10 Day Low40.07
20 Day High45.26
20 Day Low40.07
52 Week High59.68
52 Week Low34.02
CS1 End36.69
CR1 Start41.37
Volume & EV
DER(3)-1.73%
DER(5)-0.53%
Volume536.81K
Volume Incr70.8%
Vol(5)348.00K
Vol(50)191.15K