CTS CORP (CTS) Stock Technical Analysis
NYSE:CTS - New York Stock Exchange, Inc. - US1265011056 - Common Stock - Currency: USD
Taking everything into account, CTS scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CTS was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CTS is a bad performer in the overall market: 75% of all stocks are doing better.
CTS is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, of which 66% are performing better than CTS.
In the last month CTS has a been trading in the 40.03 - 43.54 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.
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
36.32
44.26
When analyzing the support we can see 3 important areas.
- A support zone ranging from 41.70 to 42.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 39.66 to 39.66. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.31 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 | 25.13 | NEGATIVE | CTS has a low relative strength, it was outperformed by 74.87% 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) | 60.3 | NEUTRAL | The RSI value for CTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CTS has a positive trend. |
| Stochastics (14,3) | 58.91 | NEUTRAL | The Stochastics value for CTS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for CTS suggests some volalility. |
| Average Directional Index/ADX (14) | 11.63 | 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)
43.3
+1.13 (+2.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg2.68%
1 Week3.46%
2 Weeks0.84%
1 Month9.15%
3 Month2.7%
6 Month-18.49%
12 Month-14.48%
2 Year1.57%
3 Year27.17%
5 Year116.07%
10 Year124.7%
15 Year368.62%
Volatility
ATR(14)0.96
ATR(20)%2.25%
ATR Inc51.69%
Range Today1.2
ADR(20)0.88
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.13
Mansfield-1.27
10 Day High43.54
10 Day Low40.77
20 Day High43.54
20 Day Low40.03
52 Week High59.68
52 Week Low34.02
CS1 End42.1
CR1 Start43.31
Volume & EV
DER(3)-0.75%
DER(5)-2.78%
Volume221.90K
Volume Incr29.15%
Vol(5)186.84K
Vol(50)170.68K