COGNIZANT TECH SOLUTIONS-A (CTSH)
US1924461023 - Common Stock
We assign a technical rating of 7 out of 10 to CTSH. Although CTSH is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
CTSH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CTSH is lagging the market slightly.
CTSH has an average volume of 3416740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, CTSH turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
CTSH is an average performer in the IT Services industry, it outperforms 48% of 84 stocks in the same industry.
In the last month CTSH has a been trading in the 73.11 - 82.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CTSH has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
62.67
83.14
5 important support areas can be observed.
- A support zone ranging from 75.84 to 77.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 74.35 to 74.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @72.69 from a horizontal line in the daily time frame.
- Support @66.55 from a trend line in the weekly time frame.
- Support @63.30 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 79.82 to 80.31. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @82.32 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.89
Mansfield-0.44
10 Day High82.41
10 Day Low75.16
20 Day High82.41
20 Day Low73.11
52 Week High82.41
52 Week Low63.79
Performance
1 Week3.15%
2 Weeks-0.96%
1 Month6.31%
3 Month3.73%
6 Month16.42%
12 Month11.76%
2 Year27.86%
3 Year2%
5 Year24.07%
10 Year47.32%
15 Year262.12%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)56.27
LBB74.9
UBB83.54
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 80.32 | 75.15 | 5.17 (6.44%) | 15.54% |
| An entry @80.32. This is a Buy Stop order right above the resistance zone. | An exit @75.15. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.17 points, which is 6.44%. | For a 1.00% total portfolio risk, you can invest 15.54% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
COGNIZANT TECH SOLUTIONS-A
NASDAQ:CTSH (11/22/2024, 8:00:00 PM)
After market: 78.99 -0.55 (-0.69%)79.54
+0.68 (+0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.86%
1 Week3.15%
2 Weeks-0.96%
1 Month6.31%
3 Month3.73%
6 Month16.42%
12 Month11.76%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.79
ATR(20)%2.21%
ATR Inc
Range Today1.27
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High82.41
10 Day Low75.16
20 Day High82.41
20 Day Low73.11
52 Week High82.41
52 Week Low63.79
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.72M
Volume Incr18.8%
Vol(5)4.51M
Vol(50)3.42M