Cognizant's most recent trend suggests a bullish bias. One trading opportunity on Cognizant is a Bull Put Spread using a strike $58.00 short put and a strike $53.00 long put offers a potential 5.26% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $58.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $53.00 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 63.73 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Cognizant
Family Dollar Deploys Cognizant's Cloud360 Platform to Boost Business Responsiveness and Drive Growth
Wed, 11 Feb 2015 11:00:00 GMT
PR Newswire – TEANECK, N.J., Feb. 11, 2015 /PRNewswire/ — Cognizant (CTSH) today announced that it is helping Family Dollar Stores, Inc. (FDO), a leading discount retail chain in the U.S., to improve business responsiveness and deliver superior services across its more than 8,000 stores in 46 states. As part of the three-year agreement, Family Dollar has licensed Cloud360, Cognizant's proprietary enterprise-class cloud management platform developed on Amazon Web Services for its portal applications. “We are pleased to expand our relationship with Family Dollar,” said Sean Middleton, Chief Operating Officer of Emerging Business Accelerator at Cognizant. “Rapid advances in cloud technology, rapidly evolving consumer behavior, and increasing competitive pressures present a great opportunity for forward-thinking retailers such as Family Dollar to look at new, technology-powered business models enabled on demand.
Cognizant Technology Solutions Corp. (CTSH): New Analyst Report from Zacks Equity Research – Zacks Equity Research Report
Thu, 05 Feb 2015 12:00:12 GMT
Cognizant Recognized as “Market Leader” in Ovum Decision Matrix on Outsourced Testing Service Providers
Thu, 05 Feb 2015 11:00:00 GMT
PR Newswire – TEANECK, N.J., Feb. 5, 2015 /PRNewswire/ — Cognizant (CTSH) today announced that it has been named a “market leader” in the recently released Ovum Decision Matrix: Selecting an Outsourced Testing Service Provider 2014-15, which focuses on the growing market for service providers offering comprehensive outsourced testing of software applications. The report, which analyzed the top 15 global service providers for testing services, assessed a variety of criteria including offerings, execution and market impact. The report highlights Cognizant as a “market leader” which Ovum states is a category that represents the leading solutions that it believes are worthy of a place on most testing selection shortlists. Vendors identified as a “market leader” have established a commanding market position with a product that is widely accepted as best-of-breed.
Apple, Disney Among 5 Big-Cap Stocks Hitting Highs
Wed, 04 Feb 2015 23:25:00 GMT
Cognizant Surges to Record as Health-Care Sales Bolster Earnings
Wed, 04 Feb 2015 18:45:45 GMT
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