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CTS Stock Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top CTS on December 17, 2024, netting in a 5.03% gain over 1 week

A.I.dvisor
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+5.03% Gain from a Successful pattern Head-and-Shoulders Top
CTS - CTS Corp
Tickeron
Ticker: CTS
Company: CTS
Gain from shortening: +5.03%
Confirmed: 12/17/24
Succeeded: 12/19/24
Total length: 10 days
On December 09, 2024, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for CTS Corp (CTS, $55.63). 8 days later, on December 17, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On December 19, 2024, the stock hit the target price of $52.26 – resulting in a gain for traders who shorted the stock on the pattern detection date.

CTS in -3.49% downward trend, falling for three consecutive days on January 13, 2025

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where CTS declined for three days, in of 284 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

CTS moved below its 50-day moving average on December 27, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for CTS crossed bearishly below the 50-day moving average on December 31, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 20 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CTS's RSI Oscillator exited the oversold zone, of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CTS advanced for three days, in of 310 cases, the price rose further within the following month. The odds of a continued upward trend are .

CTS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 227 cases where CTS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 76, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.930) is normal, around the industry mean (3.797). P/E Ratio (26.619) is within average values for comparable stocks, (60.009). CTS's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.232). CTS has a moderately low Dividend Yield (0.003) as compared to the industry average of (0.025). P/S Ratio (3.108) is also within normal values, averaging (4.109).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CTS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

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CTS
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General Information

a manufacturer of electronic components and sensors

Industry ElectronicComponents

Profile
Fundamentals
Details
Industry
Electronic Components
Address
4925 Indiana Avenue
Phone
+1 630 577-8800
Employees
4081
Web
https://www.ctscorp.com