NASDAQ:CTAS - Nasdaq - US1729081059 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to CTAS. In the past year, CTAS was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Besides having an excellent technical rating, CTAS also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 207.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 201.65, a Stop Loss order could be placed below this zone.
180.26
3 important support areas can be observed.
We can see 2 important resistance areas.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
211.81 | 200.61 | 11.20 (5.29%) | 18.91% |
An entry @211.81. This is a Buy Stop order right above the resistance zone. | An exit @200.61. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 11.20 points, which is 5.29%. | When investing 18.91% of your capital in this trade, your total portfolio risk will be 1.00%. |
205.76
+1.04 (+0.51%)