Trading Signals: CTSH Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Wed. Sep. 27, 2023)(Cognizant Technology Solutions)
| CTSH latest price $56.6079 (-0.1%) ($56.2981 - $57.2549) on Fri. Mar. 4, 2016. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.3% (three month average) | RSI | 73 | Latest Price | $56.6079(-0.1%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | CTSH advances 0.3% a day on average for past five trading days. | Weekly Trend | CTSH advances 2% a week on average for past two weeks. | Market Behavior | Value stock rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support CTSH advance at 0% a week (0% probability) SPY(67%) IVE(66%) IWD(66%) VT(65%) IVW(64%) | Factors Impacting CTSH price | CTSH will decline at least -1.15% in a week (0% probabilities). VIXM(-22%) TLT(-19%) UUP(-10%) GDXJ(-9%) IGOV(-3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.15% (StdDev 2.3%) | Hourly BBV | 0 () | Intraday Trend | -1% | | | |
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5 Day Moving Average | $56.55(0.1%) | 10 Day Moving Average | $56.04(1.01%) | 20 Day Moving Average | $54.93(3.05%) | To recent high | -8.8% | To recent low | 10.8% | Market Cap | $30.681b | | | | Cognizant Technology Solutions Corp. engages in the provision of information technology, consulting, and business process outsourcing services. It operates through the following business segments: Financial Services; Healthcare; Products and Resources; and Communications, Media, and Technology. The Financial Services segment consists of banking and insurance services. The Healthcare segment involves healthcare and life sciences. The Products and Resources segment comprises of retail and consumer goods, manufacturing and logistics, travel and hospitality, and energy and utilities. The Communications, Media, and Technology segment includes communications, information, media and entertainment, and technology. The company was founded by Wijeyaraj Kumar Mahadeva and Francisco D'Souza in 1994 and is headquartered in Teaneck, NJ. |