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Downtrend Broken Resist.Archive
- 10/16/2026 -
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Cintas Corporation (CTAS) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the Cintas Corporation (CTAS). During the week, the CTAS gained 11.28 points, or 5.57%, and closed at 213.69 on Friday, October 16, 2026. It was the best weekly gain since July 17, 2026. Weekly volume was -14% below average.
 Long-term trend: [See CTAS long-term trend chart]
A long-term downtrend had started on September 3, 2024 at 812.01 and reached 161.16 on May 13, 2026. CTAS lost 650.85 points, or 80.15%, in 88 weeks. The price is now at the 8.07% retracement level.
 Medium-term trend: [See CTAS medium-term trend chart]
A medium-term downtrend had started on July 29, 2026 at 219.17 and reached 191.09 on September 24, 2026. CTAS lost 28.08 points, or 12.81%, in 8 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (187.88) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. CTAS may retest the broken resistance line. It is considered to be a support line now. 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 medium-term trend.
 Weekly Technical Indicators: [See CTAS weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. 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 Williams' Percentage Range help.
The weekly MACD line is above its signal line since June 5, 2026. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
 Short-term trend: [See CTAS short-term trend chart]
A short-term uptrend had started on September 24, 2026 at 191.09 and reached 216.80 on October 16, 2026. CTAS gained -25.71 points, or -13.45%, in 22 days. The price is now at the 12.10% retracement level.
 Daily Technical Indicators: [See CTAS daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.
The daily MACD line is above its signal line since October 7, 2026. This is an indication that the short-term trend is up.
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