Cintas (Germany) Technical Analysis

CIT Stock  EUR 206.50  3.80  1.81%   
As of the 22nd of November, Cintas shows the Risk Adjusted Performance of 0.1575, downside deviation of 1.04, and Mean Deviation of 0.8965. Cintas technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Cintas maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if Cintas is priced correctly, providing market reflects its regular price of 206.5 per share.

Cintas Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cintas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Cintas
  
Cintas' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Cintas technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Cintas technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cintas trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Cintas Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Cintas volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Cintas Trend Analysis

Use this graph to draw trend lines for Cintas. You can use it to identify possible trend reversals for Cintas as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Cintas price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Cintas Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Cintas applied against its price change over selected period. The best fit line has a slop of   0.49  , which means Cintas will continue generating value for investors. It has 122 observation points and a regression sum of squares at 8942.27, which is the sum of squared deviations for the predicted Cintas price change compared to its average price change.

About Cintas Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Cintas on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Cintas based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cintas price pattern first instead of the macroeconomic environment surrounding Cintas. By analyzing Cintas's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Cintas's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Cintas specific price patterns or momentum indicators. Please read more on our technical analysis page.

Cintas November 22, 2024 Technical Indicators

Most technical analysis of Cintas help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Cintas from various momentum indicators to cycle indicators. When you analyze Cintas charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for Cintas Stock analysis

When running Cintas' price analysis, check to measure Cintas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cintas is operating at the current time. Most of Cintas' value examination focuses on studying past and present price action to predict the probability of Cintas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cintas' price. Additionally, you may evaluate how the addition of Cintas to your portfolios can decrease your overall portfolio volatility.
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