COGNIZANT TECH SOLUTIONS-A (CTSH) Stock Technical Analysis
NASDAQ:CTSH - US1924461023 - Common Stock
71.82 USD
+0.37 (+0.52%)
71.82 USD
0 (0%)
Taking everything into account, CTSH scores 1 out of 10 in our technical rating. CTSH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
83% of all other stocks performed better in the past year than CTSH.
CTSH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CTSH has a been trading in the 67.95 - 73.09 range, which is quite wide. It is currently trading near the high of this range.
CTSH has an average volume of 3750680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CTSH is part of the IT Services industry. There are 85 other stocks in this industry, CTSH did better than 44% of them.
Although the technical rating is bad, CTSH does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
67.38
85.12
When analyzing the support we can see 2 important areas.
- A support zone ranging from 69.93 to 70.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 68.06 to 68.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @76.48 from a trend line in the daily time frame.
- Resistance @79.23 from a trend line in the daily time frame.
- A resistance zone ranging from 81.44 to 81.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @84.28 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for CTSH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CTSH is neutral. |
| ChartMill Relative Strength | 17.32 | NEGATIVE | CTSH has a low relative strength, it was outperformed by 82.68% 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) | DOWN | NEGATIVE | The current price of CTSH is below a declining 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) | 48.57 | NEUTRAL | The RSI value for CTSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests CTSH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.79 | NEUTRAL | The Stochastics value for CTSH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for CTSH suggests low volalility. |
| Average Directional Index/ADX (14) | 17.93 | NEGATIVE | The low ADX value for CTSH suggests a weak or negative trend. |
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)
71.82
+0.37 (+0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.52%
1 Week0.14%
2 Weeks1.04%
1 Month3.91%
3 Month-10.54%
6 Month-13.71%
12 Month-5.3%
2 Year6.02%
3 Year25.03%
5 Year3.46%
10 Year14.71%
15 Year122.8%
Volatility
ATR(14)1.25
ATR(20)%1.78%
ATR Inc65.41%
Range Today2.25
ADR(20)1.25
ADR(20)%1.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.32
Mansfield-1.53
10 Day High73.09
10 Day Low70.37
20 Day High73.09
20 Day Low67.95
52 Week High90.82
52 Week Low65.52
CS1 End70.96
CR1 Start76.48
Volume & EV
DER(3)-0.76%
DER(5)-0.26%
Volume3.98M
Volume Incr-19.09%
Vol(5)3.32M
Vol(50)3.75M