COGNIZANT TECH SOLUTIONS-A (CTSH) Stock Technical Analysis
NASDAQ:CTSH - Nasdaq - US1924461023 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to CTSH. CTSH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
CTSH is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month CTSH has a been trading in the 65.52 - 80.52 range, which is quite wide. It is currently trading near the lows of this range.
CTSH has an average volume of 4530740 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 50% of all stocks.
CTSH is part of the IT Services industry. There are 81 other stocks in this industry, CTSH did better than 52% of them.
Although the technical rating is bad, CTSH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
62.67
78.55
We found 3 important support areas.
- Support @68.74 from a horizontal line in the weekly time frame.
- A support zone ranging from 66.18 to 66.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @63.30 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 69.67 to 71.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 75.97 to 76.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @77.77 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
CRS50.43
Mansfield-0.11
10 Day High73.21
10 Day Low65.52
20 Day High80.52
20 Day Low65.52
52 Week High90.82
52 Week Low63.79
Performance
1 Week-0.09%
2 Weeks-5.23%
1 Month-10.06%
3 Month-10.76%
6 Month-10.97%
12 Month2.97%
2 Year16.3%
3 Year-14.17%
5 Year19.68%
10 Year18.62%
15 Year171.73%
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)0.03
RSI(14)37.08
LBB64.98
UBB77.83
69.44
-0.57 (-0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.81%
1 Week-0.09%
2 Weeks-5.23%
1 Month-10.06%
3 Month-10.76%
6 Month-10.97%
12 Month2.97%
2 Year16.3%
3 Year-14.17%
5 Year19.68%
10 Year18.62%
15 Year171.73%
Volatility
ATR(14)2.92
ATR(20)%3.74%
ATR Inc-45.1%
Range Today1.08
ADR(20)2.4
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.43
Mansfield-0.11
10 Day High73.21
10 Day Low65.52
20 Day High80.52
20 Day Low65.52
52 Week High90.82
52 Week Low63.79
CS1 End68.74
CR1 Start69.67
Volume & EV
DER(3)0.53%
DER(5)-0.48%
Volume3.09M
Volume Incr-23.45%
Vol(5)3.54M
Vol(50)4.53M