| CTAS latest price $462.8000 (-1.08%) ($460.5100 - $465.9200) on Fri. Mar. 31, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.36% (three month average) |
RSI | 67 |
Latest Price | $462.8000(-1.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CTAS advances 1.2% a day on average for past five trading days. |
Weekly Trend | CTAS advances 2.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CTAS advance at 0% a week (0% probability) BOTZ(51%) ACES(36%) ARKK(33%) IVE(33%) IVW(32%) |
Factors Impacting CTAS price | CTAS will decline at least -0.68% in a week (0% probabilities). VXX(-22%) VIXM(-20%) SHY(-16%) TIP(-11%) SMH(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.68% (StdDev 1.36%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0% |
| |
|
|