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Downtrend Broken Resist.Archive
- 8/7/2026 -
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Cintas Corporation (CTAS) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Cintas Corporation (CTAS). During the week, the CTAS gave back -1.58 points, or -0.77%, and closed at 203.05 on Friday, August 7, 2026. CTAS was trading at average weekly trading volume.
CTAS is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See CTAS long-term trend chart]
A long-term downtrend had started on June 6, 2025 at 229.24 and reached 161.16 on May 13, 2026. CTAS lost 68.08 points, or 29.70%, in 48 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (152.43) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See CTAS medium-term trend chart]
A medium-term uptrend had started on May 13, 2026 at 161.16 and reached 219.17 on July 29, 2026. CTAS gained -58.01 points, or -36.00%, in 11 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 173.44 and resistance is at 226.75. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See CTAS weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The weekly MACD line is above its signal line since June 5, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
 Short-term trend: [See CTAS short-term trend chart]
A short-term downtrend had started on July 29, 2026 at 219.17 and reached 199.39 on August 6, 2026. CTAS lost 19.78 points, or 9.02%, in 8 days. The price is now at the 18.50% retracement level.
 Daily Technical Indicators: [See CTAS daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
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