|
Archive - 6/6/2025 - Sign In to see current Signals. |
Cognizant Technology Solutions Corp. (CTSH) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Cognizant Technology Solutions Corp. (CTSH). During the week, the CTSH gave back -0.71 points, or -0.88%, and closed at 80.28 on Friday, June 6, 2025. Weekly volume was -14% below 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 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 trend support level is at 70.12 and resistance is at 94.42. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern 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 price is now at the 58.78% retracement level.
Weekly Technical Indicators: [See CTSH weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 above its signal line since May 23, 2025. The distance between MACD and the signal line is low, but getting bigger. 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 82.04 on May 13, 2025. CTSH gained -16.52 points, or -25.21%, in 36 days. The price is now at the 10.65% retracement level.
Daily Technical Indicators: [See CTSH daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since May 22, 2025. The distance between MACD and the signal line is low, but getting bigger. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The distance between the Bollinger Bands is falling, and it was 3.84% on Friday. It is 63.75% lower than one year average. It indicates the period of low 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.
| |
|
|