Cognizant's most recent trend suggests a bullish bias. One trading opportunity on Cognizant is a Bull Put Spread using a strike $54.00 short put and a strike $49.00 long put offers a potential 17.65% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $54.00 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock dropped below the $49.00 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 48.75 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Cognizant
Farallon Capital starts new position in Cognizant Tech Solutions
Fri, 19 Dec 2014 18:39:33 GMT
Deutsche Bank Sees Faster Growth For Cognizant Technology Solutions
Tue, 16 Dec 2014 20:47:50 GMT
Epam Systems Earns Buy Rating On Growth Prospects
Thu, 11 Dec 2014 17:54:00 GMT
Investor's Business Daily – Epam Systems (EPAM) is well positioned to continue to capitalize on the growing global information technology service market. That's the view of Jefferies analyst Jason Kupferberg, who initiated coverage …
Will Cognizant Technologies Solutions (CTSH) Stock React Today to This Analyst Action?
Thu, 11 Dec 2014 14:31:00 GMT
TheStreet – Shares of Cognizant Technologies Solutions (CTSH) are up after Barclays reinstated coverage of the company with an ‘overweight' rating and a price target of $66.
Salesforce.com launches newest cloud platform, Wave
Mon, 08 Dec 2014 17:00:30 GMT
Market Realist – Wave enables companies to link data from different business departments to the Salesforce.com system and analyze that data visually via the Internet.
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