COGNIZANT TECH SOLUTIONS-A (CTSH) Stock Technical Analysis
USA - NASDAQ:CTSH - US1924461023 - Common Stock
Overall CTSH gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. CTSH was also a bad performer in the overall market in the last year.
CTSH has an average technical rating and it also does not offer a high quality setup 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.
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63.62
4 important support areas can be observed.
- Support @72.28 from a trend line in the daily time frame.
- A support zone ranging from 68.39 to 70.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 65.47 to 66.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @64.26 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 72.88 to 72.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @76.17 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for CTSH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTSH is up. |
| ChartMill Relative Strength | 33.45 | NEUTRAL | CTSH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTSH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTSH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CTSH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.57 | NEUTRAL | The RSI value for CTSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.75 | POSITIVE | The MACD value suggests CTSH has a positive trend. |
| Stochastics (14,3) | 70.82 | NEUTRAL | The Stochastics value for CTSH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for CTSH suggests some volalility. |
| Average Directional Index/ADX (14) | 27.04 | POSITIVE | The high ADX value value for CTSH suggests a strong trend. |
72.73
-0.15 (-0.21%)
COGNIZANT TECH SOLUTIONS-A / CTSH FAQ
Can you provide the ChartMill technical rating for COGNIZANT TECH SOLUTIONS-A?
ChartMill assigns a technical rating of 4 / 10 to CTSH.
What is the trend direction for CTSH stock?
The current trend direction for COGNIZANT TECH SOLUTIONS-A (CTSH) is Bearish.
What is the RSI signal for CTSH stock?
COGNIZANT TECH SOLUTIONS-A (CTSH) has an RSI value of 67.5747. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for COGNIZANT TECH SOLUTIONS-A?
COGNIZANT TECH SOLUTIONS-A (CTSH) has a support level at 72.28 and a resistance level at 72.88. Check the full technical report for our detailed analysis of CTSH support and resistance levels.