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Cognizant Tech-A Bullish Moving Average Crossover Alert (CTSH)

By Amy Schwartz

Cognizant Tech-A (NASDAQ:CTSH) crossed over its 10-day moving average of $81.69 on a volume of 353K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Cognizant Tech-A has traded in a range of $45.44 to $85.10 and is now at $82.25, 81% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

SmarTrend is tracking the current trend status for Cognizant Tech-A and will alert subscribers who have CTSH in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses cognizant tech-a

Ticker(s): CTSH