CTAS Technical Signal Analysis
CTAS have 4 buy signals and 6 sell signals now. The current trend is consolidation starting from 2025-03-03. The total price change during this trend is -8.12%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of CTAS over last 5 trading day is $371,955,788.28
4 Bullish Signal
6 Bearish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
4.52
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-260.62
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
Bullish
Williams %R (14 days)
WILLR_14 < -80
-94.18
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-5
Bearish
Momentum (10 days)
MOM_10 < 0
-12.79
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-1.73
Bearish
Closing price
close < fibonacci_S1
190.58
Bearish
Moving Average
Price crosses below 250-day SMA
--
Bearish
Moving Average
5-day SMA crosses below 200-day SMA
--
Bearish
4 Bullish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
4.52
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-260.62
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
Bullish
Williams %R (14 days)
WILLR_14 < -80
-94.18
Bullish
CTAS Support and Resistance Level
The support levels for CTAS are at 192.18, 187.28, and 179.34, while the resistance levels are at 208.06, 212.97, and 220.91. With the current stock price at 190.58, it is leaning more toward the support levels.
CTAS Technical Analysis
Technical Analysis of CTAS Stock
Price Trend and Key Levels
- Latest Price: $207.45 (as of 2025-02-28 close).
- Recent Performance:
- Pre-market change: +0.97%
- Regular market change: +2.03%
- Post-market change: -0.02%
- Fibonacci Levels:
- Resistance 1 (R1): $207.81
- Support 1 (S1): $202.43
- Pivot Point: $205.12
The stock is trading near its Resistance 1 level, indicating potential upward momentum if it breaks above this level. However, failure to sustain above $207.81 could lead to a pullback toward the pivot point or support levels.
Technical Indicators
- RSI (14): 58.29 (Neutral zone, no overbought/oversold signals).
- MACD:
- MACD Line: 1.59
- Signal Line: 1.67
- Histogram: -0.08 (indicating slight bearish divergence).
- Stochastic Oscillator (14,3,3):
- %K: 50.13
- %D: 49.55 (Neutral, no strong momentum signals).
The indicators suggest a neutral to slightly bullish trend, but the MACD histogram's negative value warrants caution for potential short-term consolidation.
Moving Averages
- Short-term (SMA 5): $204.87
- Medium-term (SMA 20): $204.11
- Long-term (SMA 200): $196.37
The stock is trading above its short, medium, and long-term moving averages, confirming an uptrend.
Bollinger Bands
- Upper Band: $210.10
- Middle Band: $204.11
- Lower Band: $198.11
- Band Width: 5.87
- Position: 0.78 (near the upper band).
The price is approaching the upper Bollinger Band, indicating potential overextension in the short term.
Recommendation
- Buy/Sell Decision: Hold or Buy on Breakout.
- If the price breaks above $207.81 with strong volume, it could signal a continuation of the uptrend.
- If the price fails to break resistance, consider waiting for a pullback to the $202.43-$205.12 range for a better entry.
CTAS FAQs
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Is CTAS a buy based on overall technical signals summary?
CTAS Buy or Sell
CTAS has 4 buy signals and 6 sell signals now. Overall the technical rating for CTAS is Sell.
Sell
Sell
6
Buy
4
CTAS Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 190.58 below the SMA_5. In the short term, the stock shows a negative trend with the 196.6 below the SMA_20. In the mid term, the stock shows a positive trend with the 202.89 above the SMA_60. In the long term, the stock shows a positive trend with the 198.28 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about CTAS's current trend?What are CTAS's key support and resistance levels?