COGNIZANT TECH SOLUTIONS-A (CTSH) Stock Technical Analysis
USA - NASDAQ:CTSH - US1924461023 - Common Stock
Overall CTSH gets a technical rating of 5 out of 10. In the past year, CTSH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
CTSH has an average technical rating and also 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
63.62
3 important support areas can be observed.
- A support zone ranging from 69.16 to 70.70. 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.
3 important resistance areas can be observed.
- Resistance @73.20 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 74.40 to 74.66. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @77.40 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 | 37.13 | 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) | 61.77 | NEUTRAL | The RSI value for CTSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests CTSH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.93 | NEUTRAL | The Stochastics value for CTSH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for CTSH suggests some volalility. |
| Average Directional Index/ADX (14) | 30.91 | POSITIVE | The high ADX value value for CTSH suggests a strong trend. |
72.88
-0.32 (-0.44%)
COGNIZANT TECH SOLUTIONS-A / CTSH FAQ
Can you provide the ChartMill technical rating for COGNIZANT TECH SOLUTIONS-A?
ChartMill assigns a technical rating of 5 / 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 61.7735. 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 70.7 and a resistance level at 73.2. Check the full technical report for our detailed analysis of CTSH support and resistance levels.