Cognizant Technology Solutions (CTSH) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for CTSH · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$56.13last close · Aug 4, 202652-week range $37.08 – $87.03 · 35.5% below the high

CTSH Falling Wedge Pattern

CTSH is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

A falling wedge usually breaks higher, but CTSH is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $52.52 (−10.4%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; CTSH's own falling wedges have hit 58.3%.

DirectionBearishTarget$52.52Projected move−10.4%Breakout level$58.78

New to this pattern? What a falling wedge is and how to trade it →

CTSH's Most Recent Falling Wedge Trade

CTSH's most recent completed falling wedge (which broke against type) resolved as a win: it broke down on Apr 22, 2026 near $58.49, then reached its target at $52.52 on Apr 29, 2026 — a +1.76R move (10.2%) over 5 sessions. Across 126 backtested falling wedges, this setup wins 61.9% of the time.

OutcomeWinResult+1.76REntry$58.49Exit$52.52

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
CTSH win rate
58.3%

Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.

How these backtests work →

CTSH Pattern Trade History

Every completed pattern trade our nightly backtest found on CTSH's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeApr 22, 2026 @ $58.49Apr 29, 2026 @ $52.52Win+1.76R
TriangleJan 29, 2026 @ $83.00Feb 3, 2026 @ $78.63Win+1.49R
TriangleJan 20, 2026 @ $83.88Feb 3, 2026 @ $75.73Win+2.59R
Falling WedgeOct 21, 2025 @ $66.97Nov 14, 2025 @ $72.62Win+3.10R
Bullish PennantOct 15, 2024 @ $77.39Feb 20, 2025 @ $87.54Win+3.25R
Falling WedgeOct 15, 2024 @ $77.47Nov 15, 2024 @ $77.11Loss-0.11R
TriangleOct 10, 2024 @ $76.03Oct 18, 2024 @ $78.00Loss-1.15R
TriangleSep 19, 2024 @ $75.22Nov 6, 2024 @ $79.40Loss-1.37R
TriangleSep 6, 2024 @ $76.65Nov 6, 2024 @ $79.40Loss-1.82R
Falling WedgeJun 20, 2024 @ $67.56Jul 24, 2024 @ $72.69Win+1.36R
Rising WedgeMar 14, 2024 @ $76.77Mar 22, 2024 @ $71.93Win+1.46R
TriangleSep 6, 2023 @ $70.85Oct 24, 2023 @ $64.81Win+4.00R

CTSH Support and Resistance Levels

Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.

  • Much of the time charts simply drift between levels; the best reads are worth waiting for.
  • Keep an eye out for price approaching a floor (where it tends to steady) or a ceiling (where it tends to stall) — that's usually where the next readable move begins.

Nearest auto-detected support sits near $37.29. These are chart/swing-derived levels, not formula pivots.

Support
$37.29

CTSH Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$53.75$56.50$53.52$56.13
Aug 3, 2026$56.25$57.51$55.13$55.17
Jul 31, 2026$53.01$55.53$52.21$55.35
Jul 30, 2026$53.85$54.78$51.86$53.90
Jul 29, 2026$52.31$57.06$51.23$55.97
Jul 28, 2026$48.37$51.05$48.28$50.31
Jul 27, 2026$46.49$48.00$46.18$47.05
Jul 24, 2026$43.41$45.49$43.41$45.45
Jul 23, 2026$42.70$43.11$42.12$43.01
Jul 22, 2026$44.27$44.64$42.85$43.18

CTSH Frequently Asked Questions

What chart pattern is CTSH forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Cognizant Technology Solutions (CTSH) on the daily chart, with a measured-move target of $52.52.
Is a falling wedge bullish or bearish?
The falling wedge detected on CTSH is a bearish pattern, projecting a measured-move target of $52.52. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for CTSH?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), CTSH's nearest support is around $37.29 and nearest resistance around n/a.
What is the price target if CTSH's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $52.52 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was CTSH's closing price on Aug 4, 2026?
Cognizant Technology Solutions (CTSH) last closed at $56.13 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.