COGNIZANT TECHNOLOGY SOLUTIONS
COGNIZANT TECHNOLOGY SOLUTIONS
- USD (-)
- 15 min delayed data - NASDAQ Stocks
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Change: -
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Type: Stocks
Ticker: CTSH
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COGNIZANT TECHNOLOGY SOLUTIONS - 1H - Technical analysis published on 08/02/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bearish
Underlying: Slightly bullish
Technical indicators
39%
6%
56%
My opinion
Neutral between 65.57 USD and 68.78 USD
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 65.57 USD. The first resistance is located at 68.78 USD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by COGNIZANT TECHNOLOGY SOLUTIONS.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The COGNIZANT TECHNOLOGY SOLUTIONS price is 67.59 USD. On the day, this instrument lost -0.04% and was between 66.36 USD and 68.11 USD. This implies that the price is at +1.85% from its lowest and at -0.76% from its highest.

66.36
68.11
67.59

Here is a more detailed summary of the historical variations registered by COGNIZANT TECHNOLOGY SOLUTIONS:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of COGNIZANT TECHNOLOGY SOLUTIONS indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, only 7 technical indicators out of 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour


Horizontal support is broken

Type : Bearish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 54.68 63.26 65.57 67.59 67.62 68.78 69.58
Change (%) -19.10% -6.41% -2.99% - +0.04% +1.76% +2.94%
Change -12.91 -4.33 -2.02 - +0.03 +1.19 +1.99
Level Intermediate Minor Major - Minor Minor Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard65.8766.6967.1667.9868.4569.2769.74
Camarilla67.2767.3867.5067.6267.7467.8667.98
Woodie65.6966.6066.9867.8968.2769.1869.56
Fibonacci66.6967.1967.4967.9868.4868.7869.27


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard59.6562.3465.1567.8470.6573.3476.15
Camarilla66.4466.9467.4567.9568.4568.9669.46
Woodie59.7062.3765.2067.8770.7073.3776.20
Fibonacci62.3464.4465.7467.8469.9471.2473.34


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard56.6859.9763.9667.2571.2474.5378.52
Camarilla65.9566.6267.2867.9568.6269.2969.95
Woodie57.0360.1564.3167.4371.5974.7178.87
Fibonacci59.9762.7564.4767.2570.0371.7574.53

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 50.88
MACD (12,26,9): -0.0800
Directional Movement: -5.28
AROON (14): -35.72
DEMA (21): 67.61
Parabolic SAR (0,02-0,02-0,2): 68.43
Elder Ray (13): 0.26
Super Trend (3,10): 68.85
Zig ZAG (10): 67.83
VORTEX (21): 1.1200
Stochastique (14,3,5): 57.21
TEMA (21): 67.60
Williams %R (14): -40.00
Chande Momentum Oscillator (20): -0.14
Repulse (5,40,3): 0.3400
ROCnROLL: 1
TRIX (15,9): -0.0200
Courbe Coppock: 0.64
MA7: 68.10
MA20: 67.22
MA50: 69.12
MA100: 76.56
MAexp7: 67.65
MAexp20: 67.73
MAexp50: 67.78
MAexp100: 67.61
Price / MA7: -0.75%
Price / MA20: +0.55%
Price / MA50: -2.21%
Price / MA100: -11.72%
Price / MAexp7: -0.09%
Price / MAexp20: -0.21%
Price / MAexp50: -0.28%
Price / MAexp100: -0.03%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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