Cognizant's most recent trend suggests a bullish bias. One trading opportunity on Cognizant is a Bull Put Spread using a strike $50.00 short put and a strike $45.00 long put offers a potential 8.7% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $50.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $45.00 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 54.62 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Cognizant
Why Cognizant Technology Solutions Corp. Will Keep Flying
Wed, 02 Apr 2014 19:09:58 GMT
Motley Fool – Does this analyst make a good case or from is it just more noise Wall Street?
Cognizant Technology Seen Well Positioned Vs. Rivals
Wed, 02 Apr 2014 16:00:00 GMT
Investor's Business Daily – Cognizant Technology Solutions (CTSH) might be in a better position than some of its rivals to cash in on what could be a lukewarm IT spending environment this year. That's the opinion of Steven Milunovich, …
Cognizant Tech upgraded by UBS
Wed, 02 Apr 2014 14:25:48 GMT
Nomura: US March PMI Uptick Could Lead To Indian IT Rebound
Wed, 02 Apr 2014 13:03:00 GMT
Barrons.com – Indian IT stocks' performance is closely related to US PMI data, according to Nomura Securities. March PMI rose to 53.7 from February's 53.2, potentially leading to a near-term rebound. Plus, Indian IT …
Stocks Jump Out To Early Gains; Amazon.com, Cognizant Climbing
Fri, 28 Mar 2014 14:33:00 GMT
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