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

By James Quinn

Today, shares of Cognizant Tech-A (NASDAQ:CTSH) have crossed bullishly above their 10-day moving average of $61.72 on a volume of 220K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Cognizant Tech-A have traded between a low of $56.73 and a high of $78.59 and are now at $61.99, which is 9% above that low price. The 200-day and 50-day moving averages have moved 0.15% lower and 0.1% lower over the past week, respectively.

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