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Uptrend SupportArchive
- 3/21/2025 -
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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 dropped -2.00 points, or -1.04%, and closed at 190.80 on Friday, March 21, 2025. Weekly volume was 49% above average.
 Long-term trend: [See CTAS long-term trend chart]
A long-term uptrend had started on March 6, 2009 at 18.09 and reached 812.01 on September 3, 2024. CTAS gained -793.92 points, or -4388.72%, in 808 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (216.93) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.
 Medium-term trend: [See CTAS medium-term trend chart]
A medium-term downtrend had started on September 3, 2024 at 812.01 and reached 180.80 on December 30, 2024. CTAS lost 631.21 points, or 77.73%, in 16 weeks. Price is near the trend low.
 Weekly Technical Indicators: [See CTAS weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since December 27, 2024. The distance between MACD and the signal line is low and getting smaller. 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 March 19, 2025 at 196.80 and reached 189.90 on March 21, 2025. CTAS lost 6.90 points, or 3.51%, in 2 days. The price is now at the 13.04% retracement level.
 Daily Technical Indicators: [See CTAS daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The daily MACD line is below its signal line since March 3, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
The distance between the Bollinger Bands is falling, and it was 11.91% on Friday. It is 69.66% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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