Cognizant's most recent trend suggests a bearish bias. One trading opportunity on Cognizant is a Bear Call Spread using a strike $46.50 short call and a strike $51.50 long call offers a potential 5.26% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $46.50 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock rose above the $51.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Cognizant is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Cognizant is bearish.
The RSI indicator is at 34.02 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Cognizant
Cognizant (CTSH) Set to Acquire Digital Marketing Agency Lev
Tue, 24 Mar 2020 15:21:03 +0000
Cognizant's (CTSH) acquisition spree continues with its intention to now take over Indianapolis-based Lev, a privately-held digital marketing consulting firm.
Cognizant to Acquire Lev to Expand Digital Marketing Expertise
Mon, 23 Mar 2020 15:05:00 +0000
Cognizant (Nasdaq: CTSH) today announced it has entered into an agreement to acquire Lev, a privately-held, digital marketing consultancy in the U.S. Lev helps businesses simplify and modernize their marketing campaigns using Salesforce Marketing Cloud to provide data-driven insight and personalization across the customer journey, and ultimately drive revenue.
Can Value Investors Consider Cognizant Technology (CTSH)?
Mon, 23 Mar 2020 13:45:01 +0000
Cognizant Technology (CTSH) is a good value-oriented pick for investors from all angles.
The Zacks Analyst Blog Highlights: AT&T, Exxon Mobil, Nike, Boeing and Cognizant Technology Solutions
Wed, 11 Mar 2020 13:08:01 +0000
The Zacks Analyst Blog Highlights: AT&T, Exxon Mobil, Nike, Boeing and Cognizant Technology Solutions
Phoenix among top U.S. cities for tech office leases in 2019
Tue, 10 Mar 2020 00:12:53 +0000
Tech companies are drawn to expand in the Valley because of the growing talent base, favorable business environment, affordable office leases and great quality of life.
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