COGNIZANT TECHNOLOGY SOLUTIONS - 1H - Technical analysis published on 02/05/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
28%
17%
56%
My opinion
Bullish above 82.00 USD
My targets
85.92 USD (+2.95%)
88.91 USD (+6.53%)
My analysis
The basic bullish trend is very strong on COGNIZANT TECHNOLOGY SOLUTIONS but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 82.00 USD. Crossing the first resistance at 85.92 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 88.91 USD as an objective. Caution, a return to below 82.00 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The COGNIZANT TECHNOLOGY SOLUTIONS price is 83.46 USD. The price registered a decrease of -0.10% on the session and was between 81.84 USD and 83.51 USD. This implies that the price is at +1.98% from its lowest and at -0.06% from its highest.81.84
83.51
83.46
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by COGNIZANT TECHNOLOGY SOLUTIONS:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of COGNIZANT TECHNOLOGY SOLUTIONS in 1H shows a strongly overall bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found no further results concerning independent technical indicators.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | R1 | Price | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 77.10 | 78.67 | 82.00 | 83.46 | 83.46 | 88.91 |
| Change (%) | -7.62% | -5.74% | -1.75% | 0% | - | +6.53% |
| Change | -6.36 | -4.79 | -1.46 | 0 | - | +5.45 |
| Level | Major | Minor | Major | Minor | - | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 81.05 | 81.72 | 82.63 | 83.30 | 84.21 | 84.88 | 85.79 |
| Camarilla | 83.11 | 83.25 | 83.40 | 83.54 | 83.69 | 83.83 | 83.98 |
| Woodie | 81.17 | 81.78 | 82.75 | 83.36 | 84.33 | 84.94 | 85.91 |
| Fibonacci | 81.72 | 82.32 | 82.70 | 83.30 | 83.90 | 84.28 | 84.88 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 76.05 | 77.70 | 80.16 | 81.81 | 84.27 | 85.92 | 88.38 |
| Camarilla | 81.48 | 81.86 | 82.23 | 82.61 | 82.99 | 83.36 | 83.74 |
| Woodie | 76.45 | 77.90 | 80.56 | 82.01 | 84.67 | 86.12 | 88.78 |
| Fibonacci | 77.70 | 79.27 | 80.24 | 81.81 | 83.38 | 84.35 | 85.92 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 68.08 | 71.33 | 76.97 | 80.22 | 85.86 | 89.11 | 94.75 |
| Camarilla | 80.17 | 80.98 | 81.80 | 82.61 | 83.43 | 84.24 | 85.06 |
| Woodie | 69.28 | 71.93 | 78.17 | 80.82 | 87.06 | 89.71 | 95.95 |
| Fibonacci | 71.33 | 74.73 | 76.82 | 80.22 | 83.62 | 85.71 | 89.11 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.07 | |
| MACD (12,26,9): | 0.2900 | |
| Directional Movement: | -10.79 | |
| AROON (14): | -14.28 | |
| DEMA (21): | 83.54 | |
| Parabolic SAR (0,02-0,02-0,2): | 83.89 | |
| Elder Ray (13): | -0.11 | |
| Super Trend (3,10): | 82.20 | |
| Zig ZAG (10): | 83.14 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 61.74 | |
| TEMA (21): | 83.38 | |
| Williams %R (14): | -41.78 | |
| Chande Momentum Oscillator (20): | -0.03 | |
| Repulse (5,40,3): | 0.7400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 1.32 |
| MA7: | 82.43 | |
| MA20: | 79.46 | |
| MA50: | 79.50 | |
| MA100: | 78.05 | |
| MAexp7: | 83.26 | |
| MAexp20: | 83.10 | |
| MAexp50: | 82.22 | |
| MAexp100: | 80.98 | |
| Price / MA7: | +1.25% | |
| Price / MA20: | +5.03% | |
| Price / MA50: | +4.98% | |
| Price / MA100: | +6.93% | |
| Price / MAexp7: | +0.24% | |
| Price / MAexp20: | +0.43% | |
| Price / MAexp50: | +1.51% | |
| Price / MAexp100: | +3.06% |
Quotes :
-
15 min delayed data
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NASDAQ Stocks
News
The last news published on COGNIZANT TECHNOLOGY SOLUTIONS at the time of the generation of this analysis was as follows:
- Cognizant Collaborates with Medidata to Provide Specialized Support for Life Sciences Clients
- Cognizant and Gilead Expand Partnership to Drive Greater Value Through Advanced Technology Applications
- Cognizant and McDonald's Renew Strategic Partnership to Transform Global Enterprise Systems, Focus on AI & Cloud Solutions
- Cognizant and CrowdStrike Partner to Drive Enterprise Cybersecurity Transformation
- Cognizant Study Shows Consumers Who Embrace AI Could Drive $4.4 Trillion in Spending Over Five Years
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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