CTSH:
The current market price is 58.84, remaining unchanged from the previous close, with no percentage change reported.
Support and Resistance Levels
The support levels are 58.84, 58.84, and 58.84; the resistance levels are also 58.84, 58.84, and 58.84. The pivot point is 58.84.
Indicators
The RSI is at 100, indicating overbought conditions. The ATR is 0, indicating low volatility. The Parabolic SAR is at 58.84.
Market Sentiment
The market is likely bearish as prices are at the pivot point of 58.84, with strong overbought indicator signals.
CTSH Signals & Technical Analysis
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Cognizant Technology Solutions Corporation (NASDAQ: CTSH) is a leading professional services company that transforms business, operating, and technology models for the digital era. Founded in 1994 and headquartered in Teaneck, New Jersey, Cognizant has grown to become one of the world’s largest IT services providers. The company offers a wide array of services, including digital consulting, IT infrastructure management, application development and maintenance, and business process outsourcing. Cognizant leverages its global presence and deep industry expertise to deliver innovative solutions that help clients achieve their business objectives.
Market Position
Cognizant operates in a competitive landscape, primarily within the Information Technology Services and Consulting sector. With a robust market position, Cognizant ranks among the top players in this space alongside firms like Accenture, IBM, and Infosys. The company's commitment to delivering high-quality services and its focus on emerging technologies such as artificial intelligence, cloud computing, and automation have solidified its reputation as a trusted partner for Fortune 500 companies. Cognizant's diverse client portfolio spans various industries, including healthcare, financial services, manufacturing, and consumer goods, showcasing its adaptability and strategic agility.