Changes to the Price of Cognizant Tech Solution #CTSH Influence Investor Perception


Often, the action in a #stock is based on #investor perceptions, but it can be a circular event.  Not only is the #priceaction representative of perception, but it can influence perception too.  In the case of Cognizant Tech Solution (NASDAQ: CTSH) we can see this in the charts.  The data for CTSH in the summary table and trading plans below are intended to provide an example of how to extrapolate this.  Our data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports

Source: Stock Traders Daily

Review the CTSH Trading Plans:

Technical Summary

Term →Near Mid Long
Bias Strong Neutral Strong
P1 0 0 78.83
P2 81.11 79.63 84.35
P3 82.25 81.56 89.74

Long Term Trading Plans for CTSH

May 4, 2021, 5:00 am ET

The Technical Summary and Trading Plans for CTSH help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this CTSH Report.

CTSH - (Long) Support Plan

The technical summary data tells us to buy CTSH near 78.83 with an upside target of 84.35. This data also tells us to set a stop loss @ 78.6 to protect against excessive loss in case the stock begins to move against the trade. 78.83 is the first level of support below 82.2 , and by rule, any test of support is a buy signal. In this case, support 78.83 would be being tested, so a buy signal would exist.

CTSH - (Short) Resistance Plan

The technical summary data is suggesting a short of CTSH as it gets near 84.35 with a downside target of 78.83. We should have a stop loss in place at 84.59though. 84.35 is the first level of resistance above 82.2, and by rule, any test of resistance is a short signal. In this case, if resistance 84.35 is being tested, so a short signal would exist.


CTSH Long Term Analysis for May 4 2021

Swing Trading Plans for CTSH

May 4, 2021, 5:00 am ET

The Technical Summary and Trading Plans for CTSH help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this CTSH Report.

CTSH - (Long) Support Plan

If 84.35 begins to break higher, the technical summary data tells us to buy CTSH just over 84.35, with an upside target of 89.74. The data also tells us to set a stop loss @ 84.11 in case the stock turns against the trade. 84.35 is the first level of resistance above 82.2, and by rule, any break above resistance is a buy signal. In this case, 84.35, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

CTSH - (Short) Resistance Plan

The technical summary data is suggesting a short of CTSH if it tests 84.35 with a downside target of 81.56. We should have a stop loss in place at 84.59 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 84.35, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.


CTSH Swing Trading Analysis for May 4 2021

Day Trading Plans for CTSH

May 4, 2021, 5:00 am ET

The Technical Summary and Trading Plans for CTSH help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this CTSH Report.

CTSH - (Long) Support Plan

If 82.25 begins to break higher, the technical summary data tells us to buy CTSH just over 82.25, with an upside target of 84.35. The data also tells us to set a stop loss @ 82.06 in case the stock turns against the trade. 82.25 is the first level of resistance above 82.2, and by rule, any break above resistance is a buy signal. In this case, 82.25, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

CTSH - (Short) Resistance Plan

The technical summary data is suggesting a short of CTSH if it tests 82.25 with a downside target of 81.56. We should have a stop loss in place at 82.44 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 82.25, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.


CTSH Day Trading Analysis for May 4 2021


CTSH EPS Analysis for May 4 2021

CTSH Dividend Chart for May 4 2021

CTSH Revenue chart for May 4 2021

CTSH Growth rate - Quarterly for May 4 2021

CTSH Growth rate - Yearly for May 4 2021

CTSH PE chart for May 4 2021

CTSH PEG chart for May 4 2021