| CTAS latest price $275.1700 (-3.79%) ($275.1700 - $275.1700) on Thu. Mar. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 38 |
Latest Price | $275.1700(-3.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CTAS advances 0.4% a day on average for past five trading days. |
Weekly Trend | CTAS declines -4.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CTAS advance at 0% a week (0% probability) DIA(78%) IWD(77%) SPY(77%) IVE(76%) SDY(75%) |
Factors Impacting CTAS price | CTAS will decline at least -0.8% in a week (0% probabilities). VIXM(-50%) VXX(-21%) TLT(-14%) UUP(-10%) SHY(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.8% (StdDev 1.6%) |
Hourly BBV | -1.4 () |
Intraday Trend | 0% |
| |
|
|