|
|
Archive
- 8/7/2026 -
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 a sixth positive week after 4 consecutive negative weeks for the Cognizant Technology Solutions Corp. (CTSH). During the week, the CTSH gained 2.32 points, or 4.19%, and closed at 57.67 on Friday, August 7, 2026. Weekly volume was 62% above average.
 Long-term trend: [See CTSH long-term trend chart]
A long-term downtrend had started on February 14, 2025 at 90.63 and reached 37.08 on June 30, 2026. CTSH lost 53.55 points, or 59.09%, in 71 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Medium-term trend: [See CTSH medium-term trend chart]
A medium-term downtrend had started on January 14, 2026 at 87.03 and reached 37.08 on June 30, 2026. CTSH lost 49.95 points, or 57.39%, in 23 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (29.99) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. CTSH may retest the broken resistance line. It is considered to be a support line now. 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 resistance line in a medium-term trend.
 Weekly Technical Indicators: [See CTSH weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since July 24, 2026. 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 June 30, 2026 at 37.08 and reached 58.23 on August 7, 2026. CTSH gained -21.15 points, or -57.04%, in 38 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 45.58 and resistance is at 60.93. 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 short-term trend.
 Daily Technical Indicators: [See CTSH daily technical indicators chart]
Daily Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index or strongly overbought daily Williams' Percentage Range and Lane's Stochastic. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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, Relative Strength Index and Williams' Percentage Range help.
The daily MACD line is above its signal line since July 6, 2026. This is an indication that the short-term trend is up.
The distance between the Bollinger Bands is 126.76% 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.
During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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.
| |
|
|