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Archive
- 5/29/2026 -
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Cintas Corporation (CTAS) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Cintas Corporation (CTAS). During the week, the CTAS gave back -1.67 points, or -0.97%, and closed at 171.26 on Friday, May 29, 2026. Weekly volume was 35% above average.
CTAS is a member of Diversified Support Services Industry. Diversified Support Services is the eighth most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See CTAS long-term trend chart]
A long-term downtrend had started on September 3, 2024 at 812.01 and reached 161.16 on May 13, 2026. CTAS lost 650.85 points, or 80.15%, in 88 weeks. Price is near the trend low.
 Medium-term trend: [See CTAS medium-term trend chart]
A medium-term downtrend had started on March 5, 2026 at 209.08 and reached 161.16 on May 13, 2026. CTAS lost 47.92 points, or 22.92%, in 9 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (159.63) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See CTAS weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The weekly MACD line is below its signal line since March 27, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See CTAS short-term trend chart]
A short-term uptrend had started on May 13, 2026 at 161.16 and reached 176.00 on May 19, 2026. CTAS gained -14.84 points, or -9.21%, in 6 days. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 170.33 and resistance is at 173.47. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a short-term trend.
Daily Technical Indicators: [See CTAS daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since May 15, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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