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Archive
- 5/29/2026 -
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Cognizant Technology Solutions Corp. (CTSH) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second positive week after 4 consecutive negative weeks for the Cognizant Technology Solutions Corp. (CTSH). During the week, the CTSH gained 3.01 points, or 5.71%, and closed at 55.76 on Friday, May 29, 2026. Weekly volume was 109% above average.
CTSH is a member of Information Technology Sector. Information Technology is the most overbought 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 March 23, 2020 at 40.01 and reached 93.47 on March 22, 2022. CTSH gained -53.46 points, or -133.62%, in 104 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (66.62) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See CTSH medium-term trend chart]
A medium-term downtrend had started on January 14, 2026 at 87.03 and reached 45.48 on May 13, 2026. CTSH lost 41.55 points, or 47.74%, in 17 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 54.99 and resistance is at 56.60. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See CTSH weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 link to access Lane's Stochastic help.
The weekly MACD line is below its signal line since February 6, 2026. This is an indication that the medium-term trend is down. 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 May 13, 2026 at 45.48 and reached 56.14 on May 29, 2026. CTSH gained -10.66 points, or -23.44%, in 16 days. Price is near the trend high.
 Daily Technical Indicators: [See CTSH daily technical indicators chart]
Daily Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Lane's Stochastic.
The daily MACD line is above its signal line since May 18, 2026. This is an indication that the short-term trend is up.
Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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