CTS CORP (CTS) Stock Technical Analysis
NYSE:CTS - New York Stock Exchange, Inc. - US1265011056 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to CTS. 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CTS is a bad performer in the overall market: 79% of all stocks are doing better.
CTS is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 69% of 125 stocks in the same industry do better.
CTS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CTS is lagging the market.
In the last month CTS has a been trading in the 38.12 - 43.64 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, CTS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
35.68
44.26
When analyzing the support we can see 3 important areas.
- A support zone ranging from 40.06 to 40.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @36.69 from a horizontal line in the weekly time frame.
- Support @36.04 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 41.02 to 41.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.23 to 43.82. 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 | NEUTRAL | NEUTRAL | The short term trend for CTS is neutral. |
| ChartMill Relative Strength | 21.2 | NEGATIVE | CTS has a low relative strength, it was outperformed by 78.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CTS is below 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) | 49.85 | NEUTRAL | The RSI value for CTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests CTS has a negative trend. |
| Stochastics (14,3) | 30.5 | NEUTRAL | The Stochastics value for CTS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for CTS suggests some volalility. |
| Average Directional Index/ADX (14) | 13.09 | 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)
40.69
-0.11 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.27%
1 Week0.47%
2 Weeks-4.8%
1 Month5.11%
3 Month-8.89%
6 Month-25.9%
12 Month-23.15%
2 Year-10.9%
3 Year0.05%
5 Year90.67%
10 Year115.86%
15 Year286.42%
Volatility
ATR(14)1.12
ATR(20)%2.75%
ATR Inc-27.9%
Range Today0.9
ADR(20)0.91
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.2
Mansfield-1.75
10 Day High43.28
10 Day Low39.31
20 Day High43.64
20 Day Low38.12
52 Week High59.68
52 Week Low34.02
CS1 End40.26
CR1 Start41.02
Volume & EV
DER(3)-3.59%
DER(5)-1.65%
Volume163.60K
Volume Incr-18.64%
Vol(5)148.48K
Vol(50)201.83K