COGNIZANT TECH SOLUTIONS-A (CTSH) Stock Technical Analysis
NASDAQ:CTSH • US1924461023
Taking everything into account, CTSH scores 0 out of 10 in our technical rating. CTSH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CTSH is a bad performer in the overall market: 85% of all stocks are doing better.
- CTSH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month CTSH has a been trading in the 63.83 - 85.93 range, which is quite wide. It is currently trading near the lows of this range.
- CTSH has an average volume of 5965210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CTSH is an average performer in the IT Services industry, it outperforms 54% of 87 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
CTSH has a poor technical rating and the quality of the setup is also 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
We found 1 important support area.
- A support zone ranging from 64.26 to 65.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 80.60 to 81.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 84.66 to 85.57. 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 | DOWN | NEGATIVE | The long term trend for CTSH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTSH is down. |
| ChartMill Relative Strength | 15.73 | NEGATIVE | CTSH has a low relative strength, it was outperformed by 84.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTSH is below a declining 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) | 25.89 | OVERSOLD | The low RSI value suggests CTSH may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.19 | NEGATIVE | The MACD value suggests CTSH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.17 | OVERSOLD | The low Stochastics value suggests CTSH may be oversold. |
| Average True Range in percent/ATR (20) | 4.61 | MEDIUM VOLATILITY | The ATR as a percentage value for CTSH suggests some volalility. |
| Average Directional Index/ADX (14) | 46.86 | POSITIVE | The high ADX value value for CTSH suggests a strong trend. |
65.03
+0.04 (+0.06%)
COGNIZANT TECH SOLUTIONS-A / CTSH FAQ
What is the ChartMill technical rating of COGNIZANT TECH SOLUTIONS-A (CTSH) stock?
ChartMill assigns a technical rating of 0 / 10 to CTSH.
What is the current trend direction of COGNIZANT TECH SOLUTIONS-A (CTSH) stock?
The current trend direction for COGNIZANT TECH SOLUTIONS-A (CTSH) is Bearish.
Can you provide the RSI signal for COGNIZANT TECH SOLUTIONS-A?
COGNIZANT TECH SOLUTIONS-A (CTSH) has an RSI value of 25.8855. This indicates that the stock is currently oversold.
What is the MACD signal for COGNIZANT TECH SOLUTIONS-A (CTSH) stock?
The MACD indicator for COGNIZANT TECH SOLUTIONS-A (CTSH) has a value of -1.18922, indicating a bearish trend.
What is the support and resistance level for CTSH stock?
COGNIZANT TECH SOLUTIONS-A (CTSH) has a support level at 65.02 and a resistance level at 80.6. Check the full technical report for our detailed analysis of CTSH support and resistance levels.