| CTAS latest price $228.6450 (14.7%) ($204.2400 - $229.2400) on Thu. May. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.75% (three month average) |
RSI | 65 |
Latest Price | $228.6450(14.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CTAS advances 1.5% a day on average for past five trading days. |
Weekly Trend | CTAS declines -0.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CTAS advance at 0% a week (0% probability) DIA(69%) SPY(69%) IWD(68%) IVE(67%) IVW(64%) |
Factors Impacting CTAS price | CTAS will decline at least -2.875% in a week (0% probabilities). VIXM(-45%) UUP(-23%) VXX(-16%) TLT(-0%) TBT(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.875% (StdDev 5.75%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
| |
|
|