Trading Signals: CTAS Stock Price Prediction and Forecast

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Fri. Aug. 7, 2020

Trading Signals: CTAS Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Wed. Sep. 27, 2023)

(Cintas Corp)
CTAS latest price $310.0900 (2.33%) ($300.0000 - $310.3800) on Fri. Aug. 7, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.87% (three month average)
RSI   75
Latest Price   $310.0900(2.33%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CTAS advances 0.5% a day on average for past five trading days.
Weekly Trend   CTAS advances 1.8% a week on average for past two weeks.
Market Behavior   Rotation from growth to value for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support CTAS advance at 0% a week (0% probability)
SPY(72%)    DIA(70%)    IVW(68%)    IWD(68%)    IVE(67%)
Factors Impacting CTAS price   CTAS will decline at least -1.435% in a week (0% probabilities).
VIXM(-43%)    UUP(-23%)    VXX(-14%)    TBT(-4%)    IGOV(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.435% (StdDev 2.87%)
Hourly BBV 2.2 ()
Intraday Trend 0%

5 Day Moving Average   $302.6(2.48%)
10 Day Moving Average   $301.67(2.79%)
20 Day Moving Average   $292.99(5.84%)
To recent high   0%
To recent low   55.6%
Market Cap   $32.068b

Cintas Corp. engages in the provision of corporate identity uniform through rental and sales programs. It operates through the following segments: Uniform Rental and Facility Services, First Aid and Safety Services, All Other, and Corporate. The Uniform Rental and Facility Services segment consists of rental and servicing of uniforms and other garments including flame resistant clothing, mats, mops and shop towels, and other ancillary items. The First Aid and Safety Services segment comprises of first aid and safety products and services. The All Other segment includes fire protection services and its direct sale business. The Corporate segment consists of corporate assets such as cash and marketable securities. The company was founded by Richard T. Farmer in 1968 and is headquartered in Cincinnati, OH.

$. CTAS price fluctuates within 4.64% (three month std-dev: 2.87%) daily (68% of days).

Sample size 50 Average positive next day return: 1.4%(48%) Average negative next day return: -1.68%(52%) Sample size 50 Average positive next three day return: 2.83%(54%) Average negative next three day return: -2.59%(46%) Sample size 50 Average positive next weekly return: 3.45%(60%) Average negative next weekly return: -2.05%(40%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200907

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Aug_7_2020	242.13	292.99	301.67	302.6	302.83	304.77	310.09(2.33%)	UT	OpenLong	75	0.6	81	50	84	71	0.44	90%	0.54	61.9	2.87%	2.2	1.3	75	1.6
2	Aug_6_2020	240.83	290.87	300.82	300.98	300.83	301.36	303.04(1.05%)	UT	OpenLong	75	0.1	22	10	12	51	0.36	90%	0.53	56.4	2.86%	1.2	0.9	69	1.7
3	Aug_5_2020	239.56	289.08	300.8	300.75	300.83	300.88	299.89(-0.5%)	UD	OpenLong	75	-0.1	22	10	7	66	0.41	90%	0.39	55.6	2.86%	-0.8	0.8	70	1.7
4	Aug_4_2020	238.63	287.67	299.91	301.99	300.54	300.31	301.4(0.94%)	UD	OpenLong	65	-0	19	-20	-1	78	0.6	90%	0.43	59.8	2.86%	2	1	70	1.6
5	Aug_3_2020	237.62	286.1	298.32	300.48	301.21	300.19	298.59(-1.12%)	UD	OpenLong	75	-0.1	23	-20	2	84	0.54	90%	0.24	60.1	2.87%	-0.6	0.9	73	1.3

6	Jul_31_2020	237.06	284.83	296.43	300.45	300.08	300.76	301.98(0.03%)	UT	HoldLong	50	0.1	5	10	-22	85	0.74	90%	0.33	66.6	2.88%	-0.1	1.2	78	1.5
7	Jul_30_2020	236.28	283.24	294.34	300.61	299.74	302.22	301.89(-1.38%)	UD	OpenLong	75	0.1	63	50	44	121	0.57	90%	0.22	72.3	2.95%	0.9	1.4	77	1.3
8	Jul_29_2020	235.75	281.51	291.95	300.89	300.05	299.39	306.1(4.17%)	UT	HoldLong	65	0.4	74	-20	53	136	0.65	91%	0.16	78.5	2.99%	2.1	1.9	81	1.6
9	Jul_28_2020	235.37	279.44	289.13	297.63	299.08	297.25	293.84(-1.54%)	N/A	N/A	0	-0.3	-4	-30	-36	93	0.51	90%	0.19	75.5	3.03%	-2.1	1.2	69	1.5
10	Jul_27_2020	234.93	277.93	286.89	295.68	297.39	300.7	298.44(-1.43%)	UD	OpenLong	75	0.2	65	100	46	121	0.55	92%	0.12	69.7	3.03%	-0.9	1.7	75	1.5

11	Jul_24_2020	234.66	275.81	283.72	291.55	293.38	300.9	302.77(-0.17%)	UD	OpenLong	75	0.9	172	200	178	153	0.73	92%	0.12	55.9	3.1%	0.5	2.3	73	1.2
12	Jul_23_2020	234.38	273.72	280.05	287.04	287.44	294.08	303.28(4.64%)	UT	OpenLong	75	1.6	182	170	195	141	1.07	92%	0.08	46.4	3.1%	0.7	2.9	75	1.3
13	Jul_22_2020	234.2	271.52	276.19	281.85	282.25	285.87	289.84(2.03%)	UT	OpenLong	75	1	110	90	116	90	0.51	91%	0.07	35.4	3.06%	0.8	2.3	71	1.8
14	Jul_21_2020	234.03	270.54	274.22	279.57	279.41	280.81	284.08(2.27%)	UT	OpenLong	75	0.7	59	30	58	62	0.35	91%	0.02	32	3.08%	-1.4	2	70	1.8
15	Jul_20_2020	233.98	269.76	272.7	276.79	277.78	278.63	277.78(-0.86%)	UD	OpenLong	75	0.2	42	30	40	48	0.42	91%	0.05	26.2	3.09%	0.4	1.3	68	2.2

16	Jul_17_2020	233.87	269.32	272.2	274.48	275.24	278	280.2(1.03%)	UT	HoldLong	65	1	51	80	50	54	0.29	92%	0.05	19	3.16%	2	1.9	77	1.9
17	Jul_16_2020	233.76	269.01	271.18	271.83	272.4	276.92	277.35(-0.39%)	UD	OpenLong	75	1	90	120	97	67	0.45	92%	-0.03	17.3	3.26%	0.8	1.6	65	1.5
18	Jul_15_2020	233.83	268.74	270.21	269.61	269.76	272.48	278.43(3.04%)	UT	OpenLong	75	1.8	89	70	98	63	0.41	80%	-0	1.6	3.27%	1.6	1.9	67	1.4
19	Jul_14_2020	233.84	268.4	268.92	268.2	267.12	267.89	270.21(1.49%)	UT	OpenLong	75	0.4	10	10	7	17	0.35	80%	-0.08	-16.1	3.41%	0.7	0.4	47	0.9
20	Jul_13_2020	234.03	268.22	268.3	268.11	267.76	267.04	266.23(-0.27%)	UD	OpenLong	75	-0.4	4	-20	1	11	0.54	80%	-0.12	-40.8	3.42%	0.6	-0.4	47	0

21	Jul_10_2020	234.3	268.24	267.47	269.57	268.44	266.34	266.95(0.26%)	DP	OpenShort	-75	-0.6	-40	-70	-49	-11	0.28	80%	-0.14	-51.7	3.44%	-0.3	-0.3	47	1.2
22	Jul_9_2020	234.62	268.1	267.1	270.35	270.37	268.47	266.25(-1.88%)	DT	OpenShort	-75	-0.9	-36	-50	-43	-14	0.43	80%	-0.16	-52.2	3.46%	-1	-0.4	41	0.8
23	Jul_8_2020	235	268.66	266.69	270.73	271.83	270.54	271.35(0.59%)	DP	OpenShort	-75	0.1	-16	-20	-18	-9	0.4	80%	-0.14	-39.5	3.47%	-0.6	0.5	47	0.9
24	Jul_7_2020	235.32	269.17	266.71	269.68	271.31	272.27	269.77(-1.37%)	N/A	N/A	0	0	0	40	2	-5	0.44	80%	0.15	-18.5	3.49%	-1	0.1	46	0.7
25	Jul_6_2020	234.97	270.13	266.66	268.46	269.98	273.13	273.52(0.99%)	UT	OpenLong	75	0.6	61	100	74	21	0.48	83%		4.2	3.5%	0.6	0.4	56	1.1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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