Cognizant's most recent trend suggests a bullish bias. One trading opportunity on Cognizant is a Bull Put Spread using a strike $52.50 short put and a strike $47.50 long put offers a potential 7.53% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $52.50 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $47.50 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Cognizant
Cognizant Acquires Odecee, a Digital Solutions Company in Australia
Wed, 12 Nov 2014 05:29:36 GMT
noodls – Strategic Acquisition to Expand Cognizant's Digital Transformation Portfolio and Capabilities to Help Clients Create Digital Enterprises MELBOURNE, Australia , Nov. 12, 2014 /PRNewswire/ — Cognizant (NASDAQ: …
Cognizant Acquires Odecee, a Digital Solutions Company in Australia
Wed, 12 Nov 2014 05:05:00 GMT
PR Newswire – MELBOURNE, Australia, Nov. 12, 2014 /PRNewswire/ — Cognizant (NASDAQ: CTSH) today announced the acquisition of Odecee, a leading provider of digital solutions to enterprises in the Australia and New …
Cognizant to Present at the UBS Global Technology Conference
Tue, 11 Nov 2014 19:16:00 GMT
PR Newswire – TEANECK, N.J., Nov. 11, 2014 /PRNewswire/ — Cognizant (NASDAQ: CTSH), a leading provider of information technology, consulting, and business process outsourcing services, today announced that Karen McLoughlin, …
3 Stocks Underperforming Today In The Computer Software & Services Industry
Tue, 11 Nov 2014 17:06:00 GMT
One Reason Cognizant Technology Solutions (CTSH) Stock Is Declining Today
Tue, 11 Nov 2014 15:09:00 GMT
TheStreet – Cognizant Technology Solutions (CTSH) stock is lower after the IT company was downgraded to ‘neutral' from ‘buy' at UBS.
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