CTAS technical analysis
CTAS Technical Analysis
Analysis date
August 5, 2026
Market
NasdaqGS (USD)
Daily cutoff
August 3, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
CTAS Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- CTAS
- Market
- NasdaqGS
- Currency
- USD (US Dollar)
- Latest completed bar
- August 3, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 204.01 | August 3, 2026 | - | Verified |
| Verification series | 204.01 | August 3, 2026 | 0.00% | Verified |
Bottom line
CTAS Technical Analysis Summary
CTAS shows a recovering technical picture after a strong rebound from its May lows, though the daily chart is digesting a sharp pullback from a recent high. On the daily timeframe, price at 204.01 sits above SMA20 (198.05), SMA50 (183.59) and SMA200 (184.42), but the pullback from the 219.17 swing high has turned the MACD histogram slightly negative and cooled RSI to 59.70. On the weekly timeframe, RSI at 63.91 and a confirmed MACD bullish crossover (line 2.48 above signal -2.03) point to improving longer-term momentum, with price closing above the weekly upper Bollinger Band at 202.42. Price sits at the 67.75% level of its 52-week range. The recent swing high at 219.17 is immediate resistance, and the 52-week high at 224.62 is the next objective. SMA20 at 198.05 is the first support to watch on any further weakness.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 3, 2026)
- Trend
- Mixed. Price at 204.01 is above SMA20 (198.05), SMA50 (183.59) and SMA200 (184.42), but the moving averages are not in a clean bullish stack: SMA50 sits just below SMA200, reflecting a longer-term structure that is still recovering from the earlier decline. After the recent advance, price has pulled back toward its SMA20.
- Momentum
- Neutral to mildly bullish. RSI14 at 59.70 is below the 70 overbought threshold after cooling from stronger readings. MACD at 8.05 sits just below its signal at 8.13 with a slightly negative histogram of -0.08, showing momentum that is flattening after a strong advance rather than confirming fresh upside.
- Volatility
- Moderate. ATR14 at 5.85 (2.87% of price) reflects normal daily swings. Bollinger Bands (173.82 to 222.29) show price above the middle band at 198.05 but well below the upper band after the pullback from the recent high.
- Volume
- Below average. Latest volume of 2,092,900 is 79% of the 20-period average (2,650,075), suggesting the pullback is taking place on lighter participation.
Assessment
The daily chart shows a strong rally from the 52-week low area near 160.72 up to a swing high at 219.17, followed by a three-session pullback to 204.01. Price remains above all three major SMAs, so the short-term uptrend is intact while the market consolidates. RSI at 59.70 leaves room on both sides. The slightly negative MACD histogram suggests immediate upside momentum has stalled; a fresh bullish crossover would confirm the next leg higher. The key short-term test is whether price holds SMA20 at 198.05. A close back above 219.17 would challenge the 52-week high at 224.62, while a break below 176.30 (20-day low) would put the broader recovery under pressure.
Weekly (July 27, 2026 week)
- Trend
- Mixed but improving. Price at 204.63 is above SMA20 (178.48), SMA50 (187.39) and SMA200 (165.41). SMA20 is still below SMA50, so the weekly stack is not yet fully bullish, but SMA200 is well below price and provides a rising long-term support floor.
- Momentum
- Bullish. RSI14 at 63.91 is in bullish territory without being overbought. MACD line at 2.48 is above the signal at -2.03 with a strongly positive histogram of 4.52, confirming a bullish crossover on the weekly timeframe.
- Volatility
- Elevated. ATR14 at 11.03 (5.39% of price) reflects wider weekly ranges. Bollinger Bands (154.53 to 202.42) show price closing above the upper band at 202.42, indicating a strong but potentially overextended advance.
- Volume
- Above average. Latest weekly volume of 14,201,600 is 127% of the 20-week average (11,172,275), showing solid participation in the recent advance.
Assessment
The weekly chart confirms a decisive recovery. Price has rallied from the 52-week low at 161.16 to trade just below the 52-week high at 225.00, and the weekly MACD has completed a bullish crossover with a positive histogram, signaling improving longer-term momentum. RSI at 63.91 supports the bullish case without overbought readings. Price closing above the weekly upper Bollinger Band at 202.42 is a sign of strength, though it also raises the risk of a near-term pause or pullback toward the band or SMA20 at 178.48. A weekly close above 225.00 would extend the uptrend, while holding above SMA50 at 187.39 keeps the recovery intact.
Key indicators
CTAS Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 59.70 | 63.91 |
| MACD (12, 26, 9) | 8.05 / 8.13 / -0.08 | 2.48 / -2.03 / 4.52 |
| ATR (14) | 5.85 (2.87%) | 11.03 (5.39%) |
| Bollinger Bands (20, 2) | 173.82 - 222.29 | 154.53 - 202.42 |
| SMA (20) | 198.05 | 178.48 |
| SMA (50) | 183.59 | 187.39 |
| SMA (200) | 184.42 | 165.41 |
Price structure
CTAS Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 204.01 | 204.63 |
| 1-Period Return | -0.30% | -0.62% |
| 5-Period Return | -3.30% | +19.04% |
| 20-Period Return | +14.46% | +5.61% |
| 60-Period Return | +20.79% | -9.26% |
| 252-Period Return | -7.46% | +120.85% |
| 52-Week Low | 160.72 | 161.16 |
| 52-Week High | 224.62 | 225.00 |
| 52-Week Position | 67.75% | 68.10% |
Key levels
CTAS Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 219.17 | 219.17 |
| 20-Period Low | 176.30 | 161.16 |
| 60-Period High | 219.17 | 225.03 |
| 60-Period Low | 160.72 | 161.16 |
Scenarios
CTAS Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price holds above SMA20 at 198.05 and reclaims the swing high at 219.17 with rising volume, opening the way toward the 52-week high at 224.62.
Invalidation
Price closes back below SMA20 at 198.05 and breaks the 20-day low at 176.30.
What to watch
Daily closes above 219.17; expanding volume on up days; daily RSI holding above 60; weekly RSI above 60; a renewed positive daily MACD histogram.
Range-Bound
Trigger
Price oscillates between 176.30 (20-day low) and 219.17 (20-day high) while consolidating the recent advance.
Invalidation
A decisive break of either boundary with volume confirmation.
What to watch
RSI staying between 45 and 65; volume remaining near or below average; the daily MACD histogram oscillating around zero.
Bearish
Trigger
Price breaks below SMA20 at 198.05 and then the 20-day low at 176.30; a deeper decline would target the 52-week and 60-day low at 160.72.
Invalidation
Price reclaims SMA20 at 198.05 and holds above it on a closing basis.
What to watch
Consecutive daily closes below 198.05; the daily MACD histogram turning more negative; increasing downside volume; weekly RSI breaking below 55.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 3, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 3, 2026, weekly July 27, 2026 week. Generated August 5, 2026.
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