• Return to Headlines

Cognizant Tech-A Crosses Below its 10-day MA (CTSH)

By David Diaz

Cognizant Tech-A (NASDAQ:CTSH) crossed under its 10-day moving average of $74.10 on a volume of 586K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Cognizant Tech-A have traded between a low of $59.47 and a high of $83.35 and are now at $72.70, which is 22% above that low price. The 200-day and 50-day moving averages have moved 0.08% lower and 0.36% higher 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