The upward trend could spur Cintas Corporation in coming sessions.

According to Surperformance ratings, the group has strong fundamentals, both in terms of business predictability and valuation. In addition, analysts have been revising upward their earnings estimates and nowadays expect a profit of USD 4.61 per share for the current year.

Technically, the uptrend in the medium and long term should cover the equity of a major downtrend. In the short term, a decline has lead the share near the USD 88.3 support. Therefore, if a technical rebound takes place the target would be fixed near the USD 93.55 mid-term resistance.

Consequently, we expect a rebound on the USD 88.3. Most active investors could buy the equity near this price targeting a return on the USD 93.55. A stop-loss order will be placed below the USD 87.3 support.