Cognizant (CTSH) Offering Possible 6.38% Return Over the Next 16 Calendar Days

Cognizant's most recent trend suggests a bearish bias. One trading opportunity on Cognizant is a Bear Call Spread using a strike $61.00 short call and a strike $66.00 long call offers a potential 6.38% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $61.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock rose above the $66.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Cognizant is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Cognizant is bearish.

The RSI indicator is at 25.95 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Cognizant

Are Investors Undervaluing Cognizant (CTSH) Right Now?
Mon, 30 Sep 2019 13:10:01 +0000
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Cognizant Technology Solutions Enters Oversold Territory
Mon, 30 Sep 2019 13:07:01 +0000
Cognizant Technology Solutions has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.

CTSH vs. GWRE: Which Stock Is the Better Value Option?
Fri, 27 Sep 2019 13:40:01 +0000
CTSH vs. GWRE: Which Stock Is the Better Value Option?

Cognizant Named an AI Consultancy Leader by Independent Research Firm
Wed, 25 Sep 2019 10:00:00 +0000
TEANECK, N.J., Sept. 25, 2019 /PRNewswire/ — Cognizant (CTSH) is recognized as an Artificial Intelligence (AI) services leader in the newest report on the space by Forrester Research, a leading global research and advisory firm.  The Forrester Wave™: AI Consultancies, Q3 2019 report reviews the capabilities of 13 service providers on 23 criteria, including their current offering, strategy and market presence. Cognizant's significant investments into data science talent, industry expertise, design practices, and technology – including acquisitions – all contribute to a comprehensive AI offering that goes beyond data science and technology.

6 Undervalued Stocks Boosting Book Value
Tue, 24 Sep 2019 20:06:49 +0000
Dollar Tree makes the list Continue reading…

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