MENU

CTSH Stock Tickeron detected bullish Stock Pattern: Wedge Rising CTSH on December 11, 2024, netting in a 0.07% gain over 1 month

A.I.dvisor
at Tickeron.com
Loading...
+0.07% Gain from a Successful pattern Wedge Rising
CTSH - Cognizant Technology Solutions Corp
Tickeron
Ticker: CTSH
Company: Cognizant Technology Solutions
Gain: +0.07%
Confirmed: 12/11/24
Succeeded: 01/29/25
Total length: 49 days
On December 11, 2024, A.I.dvisor detected a Wedge Rising Pattern (Bullish) for Cognizant Technology Solutions Corp (CTSH, $81.25). On December 11, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $82.52. 49 days later, on January 29, 2025, CTSH reached the target price resulting in a for traders who took a long position in the stock.

CTSH in upward trend: 10-day moving average broke above 50-day moving average on January 29, 2025

The 10-day moving average for CTSH crossed bullishly above the 50-day moving average on January 29, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

CTSH moved above its 50-day moving average on January 22, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CTSH advanced for three days, in of 308 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 214 cases where CTSH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 15 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

CTSH broke above its upper Bollinger Band on February 06, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.914) is normal, around the industry mean (30.435). P/E Ratio (18.818) is within average values for comparable stocks, (58.425). Projected Growth (PEG Ratio) (1.781) is also within normal values, averaging (1.499). Dividend Yield (0.014) settles around the average of (0.023) among similar stocks. P/S Ratio (2.137) is also within normal values, averaging (12.167).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. CTSH’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock slightly better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

View a ticker or compare two or three
CTSH
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a provider of information technology services

Industry InformationTechnologyServices

Profile
Fundamentals
Details
Industry
Information Technology Services
Address
300 Frank West Burr Boulevard
Phone
+1 201 801-0233
Employees
347700
Web
https://www.cognizant.com