RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CTS
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CTS Corporation stock downgraded to Buy Candidate
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 20, 2024 Gain 4.19% PDF

The CTS Corporation stock price fell by -0.256% on the last day (Thursday, 28th Mar 2024) from $46.91 to $46.79. During the last trading day the stock fluctuated 1.44% from a day low at $46.59 to a day high of $47.26. The price has been going up and down for this period, and there has been a 4.86% gain for the last 2 weeks. Volume has increased on the last day by 60 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 149 thousand shares were bought and sold for approximately $6.98 million.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 8.70% during the next 3 months and, with a 90% probability hold a price between $47.32 and $53.06 at the end of this 3-month period.

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CTS Signals & Forecast

The CTS Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $45.90 and $45.03. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -0.256%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The stock had a Golden Star Signal on Friday, February 02, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, August 18, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Friday, February 02, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, August 18, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Friday, February 02, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, August 18, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Wednesday, March 27, 2024 and based on theory for this formation the price should fall by -5.21% to $44.35 within 31 trading days since signal was issued (Monday, April 01, 2024).

Support, Risk & Stop-loss for CTS Corporation stock

CTS Corporation finds support from accumulated volume at $45.91 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.670 between high and low, or 1.44%. For the last week the stock has had daily average volatility of 2.12%.

Our recommended stop-loss: $45.49 (-2.78%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (CTS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect CTS Corporation to open at $46.88, and during the day (based on 14 day Average True Range), to move between $45.74 and $47.84, which gives a possible trading interval of +/-$1.05 (+/-2.24%) up or down from last closing price. If CTS Corporation takes out the full calculated possible swing range there will be an estimated 4.48% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $46.91 (0.26%) than the support at $45.91 (1.88%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is CTS Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for CTS Corporation stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 1.778 Buy Candidate Downgraded

Predicted Opening Price for CTS Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$46.88 ( 0.192%) $46.79

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CTS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 47.55 1.62 %
R2 47.29 1.08 %
R1 47.14 0.739 %
Current price: 46.79
Support S1 46.62 -0.355 %
S2 46.47 -0.693 %
S3 46.21 -1.24 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 46.91 0.256 %
Current price 46.79
Support S1 45.91 -1.88%
S2 42.71 -8.72%
S3 42.39 -9.40%

CTS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 08, 2024 Mar 27, 2024 Apr 26, 2024 $0.0400 0.0855%
2 Nov 03, 2023 Dec 28, 2023 Jan 26, 2024 $0.0400 0.0958%
3 Aug 17, 2023 Sep 28, 2023 Oct 27, 2023 $0.0400 0.109%
4 May 11, 2023 Jun 29, 2023 Jul 28, 2023 $0.0400 0.0939%
5 Feb 09, 2023 Mar 30, 2023 Apr 28, 2023 $0.0400 0.102%

FAQ

What is the symbol for CTS Corporation Stock and on which exchange is it traded?
The symbol for CTS Corporation is CTS and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell CTS Corporation Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for CTS Corporation stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

How to buy CTS Corporation Stock?
CTS Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy CTS Corporation Stock.

What's the current price of CTS Corporation Stock?
As of the end of day on the 2024-03-28, the price of an CTS Corporation (CTS) share was $46.79.

What is the 52-week high and low for CTS Corporation Stock?
The 52-week high for CTS Corporation Stock is $49.59 and the 52-week low is $35.50.

What is the market capitalization of CTS Corporation Stock?
As of the 2024-03-28, the market capitalization of CTS Corporation is 1.441B.

When is the next earnings date for CTS Corporation?
The upcoming earnings date for CTS Corporation is Apr 25, 2024.
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About CTS Corporation

CTS CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides sensors and actuators for use in passenger or commercial vehicles; connectivity components for telecommunications infrastructure, information technology, and other high-speed applications; switches, temperature sensors, and potentiometers supplied to multiple markets; and fabricated piezoelectric material... CTS Profile

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