CTS CORP (CTS) Technical Analysis
NYSE:CTS • US1265011056
Current stock price
CTS Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to CTS. Both in the recent history as in the last year, CTS has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, CTS did better than 78% of all other stocks. On top of that, CTS also shows a nice and consistent pattern of rising prices.
- CTS 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 CTS is lagging the market slightly.
- CTS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- CTS is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, CTS did better than 54% of them.
CTS Weekly and Daily overview Charts
CTS Setup Rating and Analysis
Besides having an excellent technical rating, CTS also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 57.47. Right above this resistance zone may be a good entry point.
More info and screens
CTS Support and Resistance Analysis
35.69
When analyzing the support we can see 7 important areas.
- A support zone ranging from 50.88 to 51.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 48.03 to 48.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.63 from a horizontal line in the daily time frame.
- Support @45.79 from a horizontal line in the daily time frame.
- Support @43.54 from a horizontal line in the daily time frame.
- Support @42.59 from a horizontal line in the daily time frame.
- Support @36.05 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 57.47 to 57.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
CTS Technical Indicator Signal Analysis
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 | 78.24 | POSITIVE | CTS has a high relative strength, it outperformed 78.24% 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) | UP | POSITIVE | The current price of CTS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.02 | NEUTRAL | The RSI value for CTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.59 | POSITIVE | The MACD value suggests CTS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.99 | OVERBOUGHT | The high Stochastics value suggests CTS may be overbought. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for CTS suggests some volalility. |
| Average Directional Index/ADX (14) | 25.22 | POSITIVE | The high ADX value value for CTS suggests a strong trend. |
CTS Chart- and CandleStick Pattern Analysis
CTS Example Setup
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 |
|---|---|---|---|
| 57.98 | 48.03 | 9.95 (17.16%) | 5.83% |
| An entry @57.98. This is a Buy Stop order right above the resistance zone. | An exit @48.03. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 9.95 points, which is 17.16%. | When investing 5.83% 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.
CTS Technicals: Chart, Performance Metrics, Trend & Indicators
54.82
-0.31 (-0.56%)
CTS CORP / CTS TA FAQ
What is the ChartMill technical rating of CTS CORP (CTS) stock?
ChartMill assigns a technical rating of 10 / 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 stock?
CTS CORP (CTS) has an RSI value of 65.0176. This indicates that the stock is currently neutral.
What is the MACD signal for CTS stock?
The MACD indicator for CTS CORP (CTS) has a value of 0.589671, indicating a bearish trend.
Can you provide the buy/sell signal for CTS CORP?
The buy/sell signal for CTS CORP (CTS) is buy as both the short term and long term trends are positive.