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IT Consulting & Other Services Industry Stocks Technical Analysis - CTSHArchive - 7/24/2026 - Sign In to see current Signals. |
Cognizant Technology Solutions Corp. (CTSH) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was a fourth positive week after 4 consecutive negative weeks for the Cognizant Technology Solutions Corp. (CTSH). During the week, the CTSH gained 0.68 points, or 1.52%, and closed at 45.45 on Friday, July 24, 2026. Weekly volume was 8% above average. CTSH is a member of IT Consulting & Other Services Industry. IT Consulting & Other Services is the ninth most oversold industry. 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 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. The price is now at the 15.63% retracement 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 Broadening Descending Wedge chart pattern. The trend support level is at 30.14 and resistance is at 51.76. 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 technical indicators are neutral. The weekly MACD line is below its signal line since February 6, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See CTSH short-term trend chart] A short-term downtrend had started on June 1, 2026 at 57.65 and reached 37.08 on June 30, 2026. CTSH lost 20.57 points, or 35.68%, in 29 days. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (45.21) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a short-term trend.
Daily Technical Indicators: [See CTSH daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish 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 link to access Lane's Stochastic help. The daily MACD line is above its signal line since July 6, 2026. 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.
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