Cintas Corporation provides corporate uniforms and related services mainly in the United States, Canada, and Latin America. It operates in several areas: Uniform Rental and Facility Services, First Aid and Safety Services, and other segments. The company rents and maintains uniforms and various garments, including flame-resistant clothing, mats, mops, shop towels, and more. It also offers restroom cleaning services and supplies, along with selling uniforms. Additionally, Cintas provides first aid and safety services, as well as fire protection products. Its products and services are delivered through a distribution network and local routes, serving small businesses and large corporations alike. Founded in 1968, Cintas is headquartered in Cincinnati, Ohio.
CTAS —  NASDAQ —
Current RSI of this stock is 67.83, which indicates the strength of buyers.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
Based on our swing trading strategies for Nasdaq 100 stocks, Cintas Corporation stock price target will be USD 845 - USD 850 in the next 14-15 trading sessions.
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