Cognizant Technology Technical Analysis

Cognizant Technology Solutions Corporation -- USA Stock  

USD 71.56  0.26  0.36%

Cognizant Technology Solutions Corporation shows Risk Adjusted Performance of (0.058414) and Mean Deviation of 0.8191. Cognizant Technology technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Cognizant Technology Solutions Corporation which can be compared to its rivals. Please confirm Cognizant Technology Variance as well as the relationship between Value At Risk and Skewness to decide if Cognizant Technology is priced correctly providing market reflects its regular price of 71.56 per share. Given that Cognizant Technology has Jensen Alpha of (0.27), we suggest you validate Cognizant Technology Solutions Corporation prevailing market performance to make sure the company can sustain itself at future point.
Investment Horizon     30 Days    Login   to change

Cognizant Technology Trend Analysis

Use this graph to draw trend lines for Cognizant Technology Solutions Corporation. You can use it to identify possible trend reversals for Cognizant Technology as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Cognizant Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Cognizant Technology Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Cognizant Technology Solutions Corporation applied against its price change over selected period. The best fit line has a slop of 0.07 % which may suggest that Cognizant Technology Solutions Corporation market price will keep on failing further. It has 34 observation points and a regression sum of squares at 3.9, which is the sum of squared deviations for the predicted Cognizant Technology price change compared to its average price change.

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Cognizant Technology Solutions Corporation is rated fourth in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about  1.35  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Cognizant Technology Solutions Corporation is roughly  1.35