Taking everything into account, CTSH scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CTSH is only an average performer.
CTSH has an excellent technical rating, but 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
4 important support areas can be observed.
- A support zone ranging from 72.62 to 74.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 70.31 to 71.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @66.47 from a horizontal line in the daily time frame.
- Support @64.26 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 77.71 to 77.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 55.86 | 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 | MIXED | The current price of CTSH is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.68 | NEUTRAL | The RSI value for CTSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests CTSH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.21 | OVERBOUGHT | The high Stochastics value suggests CTSH may be overbought. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for CTSH suggests some volalility. |
| Average Directional Index/ADX (14) | 31.66 | POSITIVE | The high ADX value value for CTSH suggests a strong trend. |
77.43
-0.28 (-0.36%)
COGNIZANT TECH SOLUTIONS-A / CTSH FAQ
Can you provide the ChartMill technical rating for COGNIZANT TECH SOLUTIONS-A?
ChartMill assigns a technical rating of 8 / 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 67.6823. This indicates that the stock is currently neutral.
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 74.71 and a resistance level at 77.71. Check the full technical report for our detailed analysis of CTSH support and resistance levels.