Technical Analysis for CTAS - Cintas Corporation

Grade Last Price % Change Price Change
A 677.97 1.31% 8.74
CTAS closed up 1.31 percent on Friday, May 31, 2024, on 1.68 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Stochastic Buy Signal Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Bullish Engulfing Bullish 1.31%
Lower Bollinger Band Touch Weakness 1.31%
Oversold Stochastic Weakness 1.31%
Stochastic Reached Oversold Weakness 2.18%
Down 3 Days in a Row Weakness 2.18%

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Profile

Cintas Corporation Description

Cintas Corporation provides corporate identity uniforms and related business services for approximately 1 million businesses primarily in North America, Latin America, Europe, and Asia. The company operates in four segments: Rental Uniforms and Ancillary Products; Uniform Direct Sales; First Aid, Safety and Fire Protection Services; and Document Management Services. The Rental Uniforms and Ancillary Products segment rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, and carpet and tile cleaning services. The Uniform Direct Sales segment is involved in the direct sale of uniforms and related items. The First Aid, Safety, and Fire Protection Services segment offers first aid, safety, and fire protection products and services. The Document Management Services segment provides document destruction, document imaging, and document retention services. The company offers its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as corporations. Cintas Corporation was founded in 1968 and is headquartered in Cincinnati, Ohio.


Classification

Sector: Industrials
Industry: Business Services
Keywords: S&P 500 Nasdaq 100 Clothing IBD 50 Protection Products Distribution Network Carpet Document Management Uniform First Aid Protection Services Document Management Services Fire Protection Products Related Business Services Document Imaging Warren County

Is CTAS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 705.74
52 Week Low 470.524
Average Volume 384,098
200-Day Moving Average 583.21
50-Day Moving Average 673.33
20-Day Moving Average 687.15
10-Day Moving Average 685.13
Average True Range 10.25
RSI (14) 49.24
ADX 23.27
+DI 25.27
-DI 29.50
Chandelier Exit (Long, 3 ATRs) 674.99
Chandelier Exit (Short, 3 ATRs) 678.13
Upper Bollinger Bands 708.78
Lower Bollinger Band 665.52
Percent B (%b) 0.29
BandWidth 6.30
MACD Line 1.52
MACD Signal Line 5.28
MACD Histogram -3.7602
Fundamentals Value
Market Cap 68.73 Billion
Num Shares 101 Million
EPS 13.81
Price-to-Earnings (P/E) Ratio 49.09
Price-to-Sales 6.77
Price-to-Book 15.68
PEG Ratio 3.58
Dividend 5.00
Dividend Yield 0.74%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 698.54
Resistance 3 (R3) 696.66 687.92 695.11
Resistance 2 (R2) 687.92 682.69 688.86 693.96
Resistance 1 (R1) 682.95 679.45 685.44 684.83 692.82
Pivot Point 674.21 674.21 675.46 675.15 674.21
Support 1 (S1) 669.24 668.98 671.73 671.12 663.12
Support 2 (S2) 660.50 665.74 661.44 661.98
Support 3 (S3) 655.53 660.50 660.83
Support 4 (S4) 657.41