Cognizant's most recent trend suggests a bullish bias. One trading opportunity on Cognizant is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 9.89% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $65.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Cognizant is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Cognizant is bullish.
The RSI indicator is at 74.75 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Cognizant
Medidata and Cognizant Form Strategic Alliance to Make Digital Transformation Accessible for the Life Sciences
Mon, 11 Feb 2019 21:35:00 +0000
Medidata (MDSO) and Cognizant (CTSH) have entered into a strategic alliance to offer life science clients comprehensive solutions that leverage the market’s leading cloud platform with world-class business and technology services. This provides pharmaceutical, biotech, medical device companies, contract research organizations (CROs), sites and investigators with digital capabilities to facilitate a fast start to clinical trials, simplify operational complexities and drive digital transformation.
Insurance giant Crawford & Co. sues over allegedly botched major software project
Mon, 11 Feb 2019 11:00:00 +0000
The project's problems were allegedly so bad that some Crawford customers "have threatened to take their business elsewhere."
See what the IHS Markit Score report has to say about Cognizant Technology Solutions Corp.
Fri, 08 Feb 2019 13:04:39 +0000
Cognizant Technology Solutions Corp NASDAQ/NGS:CTSHView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for CTSH with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CTSH. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding CTSH totaled $20.07 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Want To Invest In Cognizant Technology Solutions Corporation (NASDAQ:CTSH)? Here’s How It Performed Lately
Fri, 08 Feb 2019 11:12:54 +0000
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Examining Cognizant Technology Solutions Corporation's (NASDAQ:CTSH) pastRead More…
Cognizant Marks Official Opening of Boulder Tech Innovation Hub
Fri, 08 Feb 2019 00:00:00 +0000
Opening ceremonies for the Cognizant Accelerator center, located at 1301 Walnut St., in the heart of Boulder, included remarks by Colorado Governor Jared Polis, Cognizant Accelerator President Sean Middleton, and Cognizant Accelerator Vice President and General Manager Todd Paoletti. The ribbon-cutting event was attended by Boulder Mayor Suzanne Jones, state and local officials, and other special guests.
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