CTSH

CognizantTechnology

$60.04-0.81%

Rectangle Descending Triangle Bearish Flag

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$60.04

FEBMARAPR

Profit from Rectangle?

The Rectangle is just one piece of the puzzle. See the full technical breakdown.

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Quick Actions

Trade Plan: Bearish Flag

Risk/Reward

1:5.05

Entry

$57.39

Stop

$62.95

Target

$29.29

Chart Pattern

Rectangle

Sideways movement between parallel supports.

Descending Triangle

Bearish continuation pattern.

Bearish Flag

Bearish continuation if preceding move was down.

Market Analysis

Traders are watching Cognizant (CTSH) as price action tightens. Currently at $60.04, the asset is showing downward momentum (-0.81%). Algorithmically, a Bearish Flag structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $57.39, targeting $29.29 with support near $62.95 (R:R 5.05).

Community Sentiment

What is your outlook on CTSH?

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