Watching the signals for Cognizant Tech Sol (CTSH), we have recently spotted that the Piotroski F Score is five or higher. Investors may be looking at this score as a sign of strong financial strength.
Interested investors may be watching the Williams Percent Range or Williams %R. Williams %R is a popular technical indicator created by Larry Williams to help identify overbought and oversold situations. Investors will commonly use Williams %R in conjunction with other trend indicators to help spot possible stock turning points. Cognizant Tech Sol (CTSH)’s Williams Percent Range or 14 day Williams %R currently sits at -5.19. In general, if the indicator goes above -20, the stock may be considered overbought. Alternately, if the indicator goes below -80, this may point to the stock being oversold.
The RSI is computed based on the speed and direction of a stock’s price movement. The RSI is considered to be an internal strength indicator, not to be confused with relative strength which is compared to other stocks and indices. The RSI value will always move between 0 and 100. One of the most popular time frames using RSI is the 14-day. The 14-day RSI is presently standing at 65.42, the 7-day sits at 80.02, and the 3-day is resting at 96.01.
Presently, Cognizant Tech Sol (CTSH) has a 14-day Commodity Channel Index (CCI) of 111.70. The CCI technical indicator can be used to help determine if a stock is overbought or oversold. CCI may also be used to help discover divergences that could possibly signal reversal moves. A CCI closer to +100 may provide an overbought signal, and a CCI near -100 may offer an oversold signal.
Traders may be keeping a close eye on ATR indicators. The current 14-day ATR for Cognizant Tech Sol (CTSH) is currently sitting at 0.93. The ATR measures the volatility of a stock on a day-to-day basis. The average true range is typically based on 14 periods and may be calculated daily, weekly, monthly, or intraday. The ATR is not considered a directional indicator, but it may reflect the strength of a particular move.
Currently, the 14-day ADX for Cognizant Tech Sol (CTSH) is sitting at 17.94. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. ADX is used to gauge trend strength but not trend direction. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend.