CTS CORP.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
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Type:	Stocks
Ticker:	CTS
ISIN:

CTS CORP. - Daily - Technical analysis published on 02/12/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Bullish

De fond: Bullish

Technical indicators

39%

28%

33%

My opinion

Bullish above 28.36 USD

My targets

31.36 USD (+4.12%)

32.13 USD (+6.67%)

My analysis

All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on CTS CORP. as long as the price remains well above 28.36 USD. The buyers” bullish objective is set at 31.36 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 32.13 USD. If there is any crossing, the next objective would be the resistance located at 33.95 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

FORCE

3.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CTS CORP. price is 30.12 USD. The price registered a decrease of +1.79% on the session with the lowest point at 29.77 USD and the highest point at 30.12 USD. The deviation from the price is +1.18% for the low point and 0% for the high point.

29.77

30.12

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of CTS CORP. in Daily shows an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 6 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

MACD indicator is back under 0

Type : Bearish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

White morning star

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	27.13	28.36	29.81	30.12	31.36	32.13	33.95
Change (%)	-9.93%	-5.84%	-1.03%	-	+4.12%	+6.67%	+12.72%
Change	-2.99	-1.76	-0.31	-	+1.24	+2.01	+3.83
Level	Minor	Minor	Major	-	Intermediate	Intermediate	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	28.47	28.77	29.18	29.48	29.89	30.19	30.60
Camarilla	29.40	29.46	29.53	29.59	29.66	29.72	29.79
Woodie	28.53	28.80	29.24	29.51	29.95	30.22	30.66
Fibonacci	28.77	29.04	29.21	29.48	29.75	29.92	30.19

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.43	27.78	28.55	29.90	30.67	32.02	32.79
Camarilla	28.75	28.94	29.14	29.33	29.52	29.72	29.91
Woodie	26.15	27.64	28.27	29.76	30.39	31.88	32.51
Fibonacci	27.78	28.59	29.09	29.90	30.71	31.21	32.02

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.44	27.84	28.58	29.98	30.72	32.12	32.86
Camarilla	28.72	28.92	29.11	29.31	29.51	29.70	29.90
Woodie	26.10	27.68	28.24	29.82	30.38	31.96	32.52
Fibonacci	27.84	28.66	29.17	29.98	30.80	31.31	32.12

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	51.93
MACD (12,26,9):	0.0100
Directional Movement:	-0.65
AROON (14):	-28.57
DEMA (21):	30.06
Parabolic SAR (0,02-0,02-0,2):	31.02
Elder Ray (13):	0.02
Super Trend (3,10):	31.36
Zig ZAG (10):	30.11
VORTEX (21):	0.9300
Stochastique (14,3,5):	28.94
TEMA (21):	29.78
Williams %R (14):	-48.09
Chande Momentum Oscillator (20):	-0.10
Repulse (5,40,3):	0.4700
ROCnROLL:	1
TRIX (15,9):	0.0700
Courbe Coppock:	4.82

MA7:	29.91
MA20:	30.21
MA50:	29.47
MA100:	29.53
MAexp7:	29.81
MAexp20:	29.96
MAexp50:	29.67
MAexp100:	29.47
Price / MA7:	+0.70%
Price / MA20:	-0.30%
Price / MA50:	+2.21%
Price / MA100:	+2.00%
Price / MAexp7:	+1.04%
Price / MAexp20:	+0.53%
Price / MAexp50:	+1.52%
Price / MAexp100:	+2.21%

News

The last news published on CTS CORP. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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