Prices for Cintas (CTAS) shares have been moving up all year in a step-like fashion, but gains in recent months have been harder to achieve.
Though the slopes of both the 50-day average and the 200-day average are still positive, telling us we are still in an uptrend, CTAS recently declined below the 50-day average. The On-Balance-Volume line is neutral to positive, and the MACD oscillator gave a sell signal.
In this chart of CTAS, above, you can see how well the 40-week moving average would have worked on CTAS, keeping you in the trend for the past three years. The On-Balance-Volume (OBV) line has confirmed the advance. The MACD oscillator is slightly bearish.