US stock / ETF

Cognizant Technology Solutions Corporation

CTSH · NASDAQ · USD

4 hoursRange49%
4h Range probability 98%Range

CTSH 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is above EMA21, short trend is constructive

Confirmation Trigger

Break either side of $40.35 - $44.77 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

4h
Momentum StateRange
Momentum mixed

RSI 51.4, MACD -0.108

4h
Volatility EnvironmentRange
Medium volatility

ATR is $1.1 (2.55%)

4h

EMA Structure

Range
EMA 8$42.95Bullish
EMA 21$42.85Bullish
EMA 50$42.95Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.4 · MACD -0.108

Neutral zone

Strength
Range
Volatility
ATR $1.1 · BB 7.17%

Medium volatility

Strength
Range
Volume
MFI 43.5 · OBV 6.15%

Relative to 20-period average volume

Strength
Range
Price Levels
$40.35 - $44.77

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.59% · 2.6 ATR above latest close

$45.87
Nearest resistance

+4.04% · 1.6 ATR above · 34-bar high

$44.77
Current price

Price shown is delayed

$43.03
Nearest support

-6.23% · 2.4 ATR below · 34-bar low

$40.35
Deeper support zone

-8.78% · 3.4 ATR below latest close

$39.25
ATR zone

Latest close ± ATR14

$41.93 - $44.13

Indicators

Trend

Dow Theory Structure

Confirmation $40.35, invalidation $44.62

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

12.4 / 30.3 / 28.6Bullish
Supertrend (10,3)

Price is above Supertrend

$39.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$42.52 / $40.93Bullish
Donchian Channel (20)

20-period breakout channel position

61%Range

Volatility

ATR (14)

Medium volatility

$1.1 (2.55%)Range
Bollinger Bands (20,2)

Width 7.17%

49%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$45.42 / $40.31Range
ATR channel lower / upper

Current Volatility Envelope

$41.93 / $44.13Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$44.77Range
Support

Nearest Downside Decision Level

$40.35Range

Momentum

RSI (14)

Neutral zone

51.4Range
MACD (12,26,9)

Histogram is negative

-0.108Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.6 / 58.6Bullish
Williams %R (14)

Neutral zone

-39.4Range
CCI (20)

Balanced zone

-8.4Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.5Bearish
OBV slope

20-period OBV slope

6.15%Bullish
Volume ratio

Relative to 20-period average volume

0.98xRange

Trend

Dow Theory Structure

Confirmation $40.35, invalidation $44.62

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

12.4 / 30.3 / 28.6Bullish
Supertrend (10,3)

Price is above Supertrend

$39.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$42.52 / $40.93Bullish
Donchian Channel (20)

20-period breakout channel position

61%Range

Momentum

RSI (14)

Neutral zone

51.4Range
MACD (12,26,9)

Histogram is negative

-0.108Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.6 / 58.6Bullish
Williams %R (14)

Neutral zone

-39.4Range
CCI (20)

Balanced zone

-8.4Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Medium volatility

$1.1 (2.55%)Range
Bollinger Bands (20,2)

Width 7.17%

49%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$45.42 / $40.31Range
ATR channel lower / upper

Current Volatility Envelope

$41.93 / $44.13Range

Volume / Money Flow

MFI (14)

Money flow is weak

43.5Bearish
OBV slope

20-period OBV slope

6.15%Bullish
Volume ratio

Relative to 20-period average volume

0.98xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$44.77Range
Support

Nearest Downside Decision Level

$40.35Range

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