COGNIZANT TECH SOLUTIONS-A (CTSH) Technical Analysis
NASDAQ:CTSH • US1924461023
Current stock price
CTSH Technical Rating and Analysis
Taking everything into account, CTSH scores 0 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 negative, as is the long term trend. There should be more interesting stocks out there.
- 85% of all other stocks performed better in the past year than CTSH.
- CTSH is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CTSH is lagging the market.
- In the last month CTSH has a been trading in the 59.35 - 66.98 range, which is quite wide. It is currently trading near the lows of this range.
- CTSH has an average volume of 7193520 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 88 other stocks in this industry, CTSH did better than 55% of them.
CTSH Weekly and Daily overview Charts
CTSH Setup Rating and Analysis
Although the technical rating is bad, CTSH does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 60.36, a Stop Loss order could be placed below this zone.
More info and screens
CTSH Support and Resistance Analysis
59.68
When analyzing the support we notice one important area.
- A support zone ranging from 60.28 to 60.36. 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 66.26 to 66.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @84.20 from a trend line in the weekly time frame.
CTSH Technical Indicator Signal Analysis
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 | 15.6 | NEGATIVE | CTSH has a low relative strength, it was outperformed by 84.4% 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) | 38.94 | NEUTRAL | The RSI value for CTSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests CTSH has a positive trend. |
| Stochastics (14,3) | 22.48 | NEUTRAL | The Stochastics value for CTSH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for CTSH suggests some volalility. |
| Average Directional Index/ADX (14) | 39.99 | POSITIVE | The high ADX value value for CTSH suggests a strong trend. |
CTSH Chart- and CandleStick Pattern Analysis
CTSH Technicals: Chart, Performance Metrics, Trend & Indicators
62.07
+0.52 (+0.84%)
COGNIZANT TECH SOLUTIONS-A / CTSH TA 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 38.9359. This indicates that the stock is currently neutral.
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 0.411047, indicating a bearish trend.
What is the support and resistance level for CTSH stock?
COGNIZANT TECH SOLUTIONS-A (CTSH) has a support level at 60.36 and a resistance level at 66.26. Check the full technical report for our detailed analysis of CTSH support and resistance levels.