Cognizant's most recent trend suggests a bullish bias. One trading opportunity on Cognizant is a Bull Put Spread using a strike $48.75 short put and a strike $43.75 long put offers a potential 8.7% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $48.75 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 $43.75 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 54.92 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Cognizant
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Fri, 20 Jun 2014 15:30:00 GMT
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Fri, 20 Jun 2014 15:25:00 GMT
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Thu, 19 Jun 2014 17:07:00 GMT
Cognizant Announces Major STEM Commitment at First-Ever White House Maker Faire
Wed, 18 Jun 2014 15:00:00 GMT
PR Newswire – As part of its commitment to ensuring that the U.S. has a skilled, knowledge-based workforce that can continue to meet the challenges of the global knowledge economy, Cognizant will support 1.5 million hours of ‘making' program activities and events to serve 25,000 children in 200 communities by 2017. The announcement was made at the White House's first-ever Maker Faire. At today's White House Maker Faire, President Barack Obama hosted entrepreneurs, innovators and educators from across the country, representing the future of innovation in America. In addition to the Maker Faire at the White House, President Obama declared today a National Day of Making.
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