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IT Consulting & Other Services Industry Stocks Technical Analysis - CTSHArchive
- 10/16/2026 -
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Cognizant Technology Solutions Corp. (CTSH) Technical Analysis
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| Summary:
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| | It was a third positive week after 4 consecutive negative weeks for the Cognizant Technology Solutions Corp. (CTSH). During the week, the CTSH gained 6.83 points, or 11.54%, and closed at 66.03 on Friday, October 16, 2026. It was the best weekly gain since July 31, 2026. Weekly volume was -20% 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 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 54.06% retracement level.
 Medium-term trend: [See CTSH medium-term trend chart]
A medium-term downtrend had started on September 3, 2026 at 65.42 and reached 54.70 on October 8, 2026. CTSH lost 10.72 points, or 16.39%, in 5 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (54.00) 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 Relative Strength Index is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index or strongly overbought weekly Williams' Percentage Range. 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 Relative Strength Index and Williams' Percentage Range help.
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 October 8, 2026 at 54.70 and reached 67.43 on October 16, 2026. CTSH gained -12.73 points, or -23.27%, in 8 days. The price is now at the 11.00% retracement level.
 Daily Technical Indicators: [See CTSH daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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 price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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 price has advanced above the 50 Day Moving Average. While the medium-term trend is down and 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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