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CTS

weekly
Daily Weekly Monthly
PARABOLIC
Support
$58.0
Resistance
$62.5
CTS Cts Corporation weekly candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — parabolic as of May 22, 2026
CTS Weekly chart 2026-05-22 20:37:46 UTC
AI-generated analysis — not financial advice. For educational purposes only.

CTS Weekly Technical Analysis Summary

As of May 22, 2026, CTS (Cts Corporation) is in a parabolic state on the weekly chart, with a confidence level of 72%. Key support is at $58.0 and key resistance at $62.5. Strong impulsive weekly breakout to new swing highs (~$62) with follow-through; price extended well above all key MAs, RSI elevated (~68).

Price Scenarios & Targets

bullish

Bullish continuation with brief consolidation (flag/coil) above the breakout zone, then another push higher; wave-wise this looks like a late Wave 3 / early Wave 5 type extension risk but can still grind up before a larger Wave 4 pullback.

Price Target
$70.0
Path to target
First move
$65.0
Pullback
$58.0
Final target
$70.0

bearish

Mean-reversion pullback after the parabolic push (profit-taking); price retests the prior breakout and/or EMA20 area before attempting to resume uptrend—Elliott-wise a Wave 4-style correction toward key Fib retraces of the latest impulse (typical 23.6%–38.2%).

Price Target
$49.0
Path to target
First move
$54.5
Pullback
$58.5
Final target
$49.0

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Weekly closes holding above ~$58.00

✗ Invalidation

Weekly close below ~$52.50 (loses breakout base + first major higher low area)

Position Entry & Exit Levels

⊕ Add

Start $54.0 – $56.0
Add $49.0 – $52.0
Heavy $44.0 – $46.5

Buy-the-dip framework: first entry on breakout retest/support ($54–$56), add near deeper Fib/structure & MA cluster ($49–$52), heavy add only near major trend MAs (EMA200/SMA200 region ~$44–$46.5).

⊖ Derisk

Trim 1 $65.0 – $70.0
Trim 2 $72.5 – $80.0
Close $85.0 – $95.0

Trim into strength as price becomes increasingly stretched above EMA50/EMA100 and into round-number/extension zones; heavier trims if price overshoots without base-building, full exit only on extreme multi-year extension.

Frequently Asked Questions

What is the weekly technical outlook for CTS today?

As of May 22, 2026, CTS (Cts Corporation) is in a parabolic state on the weekly chart with 72% confidence. Strong impulsive weekly breakout to new swing highs (~$62) with follow-through; price extended well above all key MAs, RSI elevated (~68).

What are the weekly support and resistance levels for CTS?

On the weekly timeframe, CTS has key support at $58.0 and key resistance at $62.5. The most likely scenario (bullish) targets $65.0 and $70.0, with a revert level at $58.0.

Is CTS in an uptrend or downtrend?

CTS (Cts Corporation) is currently classified as parabolic on the weekly chart, with 72% confidence. Confirmation requires: Weekly closes holding above ~$58.00 This would be invalidated by: Weekly close below ~$52.50 (loses breakout base + first major higher low area)

What are the price targets for CTS?

The most likely scenario (bullish) targets $65.0 and $70.0, with a revert level at $58.0. The alternative scenario (bearish) targets $54.5 and $49.0.

Other Timeframes for CTS
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