| CTAS latest price $197.3900 (3.6%) ($192.8000 - $198.8000) on Wed. Apr. 22, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.18% (three month average) |
RSI | 71 |
Latest Price | $197.3900(3.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CTAS advances 1.1% a day on average for past five trading days. |
Weekly Trend | CTAS advances 6.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support CTAS advance at 0% a week (0% probability) DIA(70%) IWD(70%) SPY(70%) IVE(69%) SDY(67%) |
Factors Impacting CTAS price | CTAS will decline at least -2.59% in a week (0% probabilities). VIXM(-47%) UUP(-24%) VXX(-17%) TLT(-3%) TBT(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.59% (StdDev 5.18%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
| |
|
|