Cognizant's most recent trend suggests a bullish bias. One trading opportunity on Cognizant is a Bull Put Spread using a strike $42.50 short put and a strike $37.50 long put offers a potential 6.38% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $42.50 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 dropped below the $37.50 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 21.12 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Cognizant
COGNIZANT TECHNOLOGY SOLUTIONS CORP Financials
Fri, 15 Aug 2014 17:04:14 GMT
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Fri, 08 Aug 2014 11:00:11 GMT
Infosys, HDFC Bank Basing As India Wrestles Inflation
Thu, 07 Aug 2014 22:02:00 GMT
COGNIZANT TECHNOLOGY SOLUTIONS CORP Files SEC form 10-Q, Quarterly Report
Thu, 07 Aug 2014 20:50:34 GMT
Cognizant Technology Solutions (CTSH) Marked As A Dead Cat Bounce Stock
Thu, 07 Aug 2014 13:47:00 GMT
TheStreet – Trade-Ideas LLC identified Cognizant Technology Solutions (CTSH) as a “dead cat bounce” (down big yesterday but up big today) candidate
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