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Takip Edin: @UscMarketsCTAS Stock Forecast & Cintas Corporation Chart Analysis
This article provides a detailed analysis of CTAS-Cintas Corporation stock including a forecast for CTAS shares. It features Cintas Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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CTAS Historical Data Review
CTAS Current Price Performance Analysis
The Cintas Corporation - CTAS stock traded on the American stock market, on 06-05-2024, closed at 685.85$ with a %0.49 increased compared to the previous day.
In the last month, the price of CTAS changed by %0.02 increased in value, from 685.7 dollars on 05-06-2024 to 685.85 dollars, increased.
Last year, the price of CTAS was 484.6 dollars on 06-06-2023, and changed by %41.53 increased in value, to 685.85 dollars increased within a year.
The price of Cintas Corporation stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
CTAS with AI Stock Forecast & Price Target
On the CTAS chart Cintas Corporation price was recorded as 685.85 Dollars on 06/05/2024.
The artificial intelligence's forecast on CTAS stock is as follows.
The artificial intelligence's prediction error margin for CTAS stock is moderately high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Cintas Corporation stock over the next 4 months is: 739.4 Dollars.
The commentary on CTAS stock Target Price: Highest: 799.426 Dollars is predicted.
The commentary on CTAS stock Target Price: Lowest: 666.342 Dollars is predicted.
Resistance Price where Cintas Corporation stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 712.533 |
| 11-07-2024 | 763.443 |
| 12-17-2024 | 757.702 |
| 02-25-2025 | 787.374 |
Support Price where Cintas Corporation stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-14-2024 | 666.342 |
| 12-02-2024 | 755.634 |
| 01-21-2025 | 742.487 |
| 03-17-2025 | 768.550 |
The commentary on CTAS stock: Fluctuations in the target price can be expected in the coming days.
The target price for Cintas Corporation stock by the end of 2024 is predicted to be 756.116 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on CTAS stock, and the 2024 target price predictions for Cintas Corporation are detailed above.
The technical analysis and charts for the commentary on CTAS stock are below.
CTAS Support & Resistance and Trend Analysis
CTAS stock you have reviewed the technical analysis support resistance charts regarding.
CTAS : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the CTAS review, the Cintas Corporation support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Cintas Corporation Support and Resistance Prices:
| CTAS Support Level Price | CTAS Resistance Level Price |
|---|---|
| 547.48 | 576.58 |
| 553.55 | 607.79 |
| 574.55 | 626.18 |
| 602.80 | 634.30 |
| 616.62 | 636.37 |
| 648.65 | 644.96 |
| 659.00 | 682.14 |
| 659.71 | 697.27 |
| 676.96 | 704.84 |
| 705.74 |
CTAS Technical Analysis: SMA, RSI, MACD
Upon reviewing the CTAS chart, buy and sell signals have been generated in the Cintas Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for CTAS stock are as follows:- The technical analysis for Cintas Corporation indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Cintas Corporation stock: Click here to read more predictions on The Swatch Group stock.
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