Technical data

Cognizant Tech Solution CTSH Technical Data


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Source: Daily Stock Exchange Traders

Longer term trading plans for CTSH
  • Buy CTSH on 73.99 target 79.07 stop loss @ 73.78 Details
  • Summary technical data tells us to buy CTSH near 73.99 with a bullish target of 79.07. This data also tells us to set a stop loss @ 73.78 to protect against an excessive loss in case the stock starts to move against the trade. 73.99 is the first level of support below 75.49, and by rule, any test of support is a buy signal. In this case, 73.99 support is being tested, a buy signal would exist.

  • Short CTSH under 79.07, target 73.99, stop loss @ 79.3 Details
  • The technical summary of the data suggests a short sale of the CTSH as it approaches 79.07 with a bearish target of 73.99. We should have a stop loss in place at 79.3 however. 79.07 is the first resistance level above 75.49, and by rule, any resistance test is a short signal. In this case, if resistance 79.07 is tested, a short signal would exist.

Swing Trading Plans for CTSH
  • Buy CTSH on 79.07, Target n / a, Stop Loss @ 78.84 Details
  • If 79.07 starts to break higher, the technical summary tells us to buy CTSH just above 79.07, with a bullish target of n / a. The data also tells us to set a stop loss @ 78.84 in case the stock turns against the trade. 79.07 is the first resistance level above 75.49, and by rule, any breakout above resistance is a buy signal. In this case 79.07 initial resistance would be breaking higher so a buy signal would exist. Because this plan is based on a resistance break, it is called a long resistance plan.

  • Short CTSH near 79.07, target 75.37, Stop Loss at 79.3. Details
  • The technical summary of the data suggests a short sale of the CTSH if it tests 79.07 with a bearish target of 75.37. We should have a stop loss in place at 79.3 in case the stock starts moving against the trade. Typically, any stress test is a short signal. In this case, if the resistance, 79.07, is tested, a short signal would exist. Because this plan is a short plan based on a stress test, it is called a short resistance plan.

Day Trading Packages for CTSH
  • Buy CTSH on 79.07, target n / a, Stop Loss @ 78.89 Details
  • If 79.07 starts to break higher, technical summary data tells us to buy CTSH just above 79.07, with bullish target of n / a. The data also tells us to set a stop loss @ 78.89 in case the stock turns against the trade. 79.07 is the first resistance level above 75.49, and by rule, any breakout above resistance is a buy signal. In this case 79.07 initial resistance would be breaking higher so a buy signal would exist. Because this plan is based on a resistance break, it is called a long resistance plan.

  • Short CTSH near 79.07, target 75.37, Stop Loss at 79.25. Details
  • The technical summary of the data suggests a short sale of the CTSH if it tests 79.07 with a bearish target of 75.37. We should have a stop loss in place at 79.25 in case the stock starts moving against the trade. Typically, any stress test is a short signal. In this case, if the resistance, 79.07, is tested, a short signal would exist. Because this plan is a short plan based on a stress test, it is called a short resistance plan.

CTSH Technical Summary | Raw data for trading plans

Term → Near Environment Long
Bias Strong Neutral Neutral
P1 0 0 68.97
P2 73.89 73.05 73.99
P3 75.36 75.37 79.07


CTSH Swing Trading Analysis for October 8, 2021


CTSH Day Trading Analysis for October 8, 2021

This report was produced using AI developed by Stock Traders Daily. Over the past 20 years, this proprietary AI has been refined to help identify the most timely trading strategies for individual stocks and the stock markets themselves. This methodology is also applied to index options, ETFs and futures. The objective of this specific report is to optimize exchanges by Conscious technological solution (NASDAQ: CTSH) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of publication, but the support and resistance levels for CTSH change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and stock market crash protection using Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, if CTSH is testing support, buy signals surface and resistance is the target. Conversely, if resistance is tested, it is a sign of controlling risk or selling, and support would be the target on the downside accordingly. In each case, the trigger point is designed to be both a great place to take a position (avoid trading in the middle of a trading channel) and it also acts as a level of risk control.

Swing Trades, Day Trades and Longer Term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading and long term investment plans for CTSH as well. All these elements are proposed under the summary table.

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Fundamental Charts for CTSH

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