Cognizant's most recent trend suggests a bullish bias. One trading opportunity on Cognizant is a Bull Put Spread using a strike $65.00 short put and a strike $60.00 long put offers a potential 9.89% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $60.00 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 77.73 level which suggests that the stock is neither overbought nor oversold at this time.
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Investor's Business Daily – Cognizant Technology Solutions (CTSH) is no stranger to the acquisitions game. The provider of information technology, consulting and business process outsourcing has made 16 buys since 2010. Its acquisition …
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Thu, 13 Aug 2015 17:04:09 GMT
New England Healthcare Exchange Network Turns to Cognizant and TriZetto for Technology Innovation and Collaboration
Wed, 12 Aug 2015 10:19:07 GMT
noodls – Shared Infrastructure and As-A-Service Capabilities Help 55 Hospitals, 8 Health Plans and Thousands of Practitioners Improve Care, Reduce Costs TEANECK, N.J. , Aug. 12, 2015 /PRNewswire / — Cognizant …
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