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IT Consulting & Other Services Industry Stocks Technical Analysis - CTSHArchive
- 4/17/2025 -
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Cognizant Technology Solutions Corp. (CTSH) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Cognizant Technology Solutions Corp. (CTSH). During the week, the CTSH dropped -0.73 points, or -1.04%, and closed at 69.44 on Thursday, April 17, 2025. CTSH was trading at average weekly trading volume.
CTSH is a member of Information Technology Sector. Information Technology is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See CTSH long-term trend chart]
A long-term uptrend had started on November 3, 2022 at 51.33 and reached 90.63 on February 14, 2025. CTSH gained -39.30 points, or -76.56%, in 119 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (69.32) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.
 Medium-term trend: [See CTSH medium-term trend chart]
A medium-term downtrend had started on February 14, 2025 at 90.63 and reached 65.52 on April 7, 2025. CTSH lost 25.11 points, or 27.71%, in 7 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 60.05 and resistance is at 71.48. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See CTSH weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since March 14, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
 Short-term trend: [See CTSH short-term trend chart]
A short-term uptrend had started on April 7, 2025 at 65.52 and reached 73.21 on April 9, 2025. CTSH gained -7.69 points, or -11.74%, in 2 days. The price is now at the 49.02% retracement level.
 Daily Technical Indicators: [See CTSH daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
The distance between the Bollinger Bands is 132.76% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Information Technology |
1 |
| Industry |
IT Consulting & Other Services |
40 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
65.52 |
| Low Date |
04/07/2025 |
| High |
73.21 |
| High Date |
04/09/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Descending Wedge |
| Status |
Valid |
| Resistance |
71.48 |
| Support |
60.05 |
| High |
90.63 |
| High Date |
02/14/2025 |
| Low |
65.52 |
| Low Date |
04/07/2025 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
63.79 |
| Low Date |
06/17/2024 |
| High |
90.63 |
| High Date |
02/14/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Test Support |
| Resistance |
89.38 |
| Support |
69.32 |
| Low |
51.33 |
| Low Date |
11/03/2022 |
| High |
90.63 |
| High Date |
02/14/2025 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
40.01 |
| Low Date |
03/23/2020 |
| High |
93.47 |
| High Date |
03/22/2022 |
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