Cintas Corporation develops uniform programs using fabric. Co. helps businesses of all types and sizes, primarily in the U.S., as well as Canada and Latin America. Co. operates through two segments: Uniform Rental and Facility Services segment and the First Aid and Safety Services segment. The Uniform Rental and Facility Services segment consists of the rental and servicing of uniforms and other garments, including flame resistant clothing, mats, mops and shop towels and other ancillary items. This segment also includes restroom cleaning services and supplies and the sale of items from its catalogs to its customers.
When researching a stock like Cintas, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from CTAS Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for CTAS stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the CTAS 200 day moving average ("CTAS 200 DMA"), while one of the most popular "shorter look-backs" is the CTAS 50 day moving average ("CTAS 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Cintas. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the CTAS 200 DMA and the CTAS 50 DMA, we get a moving average convergence divergence indicator ("CTAS MACD"). The CTAS MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
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Video: Technical Analysis