Overall CTSH gets a technical rating of 9 out of 10. Both in the recent history as in the last year, CTSH has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although CTSH has an excellent technical rating, the quality of the presented setup is not ideal 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
63.62
We found 4 important support areas.
- A support zone ranging from 83.63 to 83.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 77.39 to 77.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @66.47 from a horizontal line in the daily time frame.
- Support @64.26 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for CTSH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTSH is up. |
| ChartMill Relative Strength | 81.51 | POSITIVE | CTSH has a high relative strength, it outperformed 81.51% off all stocks 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) | UP | POSITIVE | The current price of CTSH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.41 | OVERBOUGHT | The high RSI value suggests CTSH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests CTSH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.5 | OVERBOUGHT | The high Stochastics value suggests CTSH may be overbought. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for CTSH suggests some volalility. |
| Average Directional Index/ADX (14) | 44.44 | POSITIVE | The high ADX value value for CTSH suggests a strong trend. |
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 |
|---|---|---|---|
| 86.95 | 83.62 | 3.33 (3.83%) | 25.00% |
| An entry @86.95. This is a Buy Stop order right above the 10 day high. | An exit @83.62. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.33 points, which is 3.83%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%. |
- 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.
85.21
-0.2 (-0.23%)
COGNIZANT TECH SOLUTIONS-A / CTSH FAQ
Can you provide the ChartMill technical rating for COGNIZANT TECH SOLUTIONS-A?
ChartMill assigns a technical rating of 9 / 10 to CTSH.
What is the trend direction for CTSH stock?
The current trend direction for COGNIZANT TECH SOLUTIONS-A (CTSH) is Bullish.
What is the RSI signal for CTSH stock?
COGNIZANT TECH SOLUTIONS-A (CTSH) has an RSI value of 80.4072. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for COGNIZANT TECH SOLUTIONS-A?
The buy/sell signal for COGNIZANT TECH SOLUTIONS-A (CTSH) is buy as both the short term and long term trends are positive.
What is the support and resistance level for CTSH stock?
COGNIZANT TECH SOLUTIONS-A (CTSH) has a support level at 83.76. Check the full technical report for our detailed analysis of CTSH support and resistance levels.