Cognizant's most recent trend suggests a bullish bias. One trading opportunity on Cognizant is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 12.36% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $95.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock dropped below the $90.00 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 59.51 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Cognizant
[$$] Outsourcers Are Back In
Thu, 13 Feb 2014 16:01:00 GMT
Cognizant Sees Obamacare Services Boost
Fri, 07 Feb 2014 18:55:31 GMT
TheStreet – Cognizant CFO sees a positive impact from the Affordable Care Act and strength in the financial sector.
Luxoft: Expect Strong 4Q On US Strength, Weak Ruble, Says JP Morgan
Thu, 06 Feb 2014 16:44:00 GMT
Cognizant shares should be bought on weakness, says Wells Fargo
Thu, 06 Feb 2014 13:40:38 GMT
theflyonthewall.com – Cognizant shares should be bought on weakness, says Wells Fargo
Cognizant CEO: Tech in a 10-year cycle
Thu, 06 Feb 2014 11:52:00 GMT
CNBC – Francisco D'Souza, CEO of Cognizant Technology Solutions, breaks down his company's earnings, and weighs in on the shift in the landscape of technology.
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