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Archive - 7/31/2026 - 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 fifth positive week after 4 consecutive negative weeks for the Cognizant Technology Solutions Corp. (CTSH). During the week, the CTSH gained 9.90 points, or 21.78%, and closed at 55.35 on Friday, July 31, 2026. Weekly volume was 82% 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. The price is now at the 34.12% 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 Falling Channel chart pattern. The downtrend resistance line (31.31) 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. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 57.06 on July 29, 2026. CTSH gained -19.98 points, or -53.88%, in 29 days. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (44.01) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily 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 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 MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong. 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. 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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