Market Read®

  • Thursday, September 29 2016

This prediction has hit its target!

As predicted, the stock moved up from $76.77 to $80.84 (5.3%)
between February 28, 2013 and March 07, 2013.

This prediction has passed its maturity date!

This prediction was valid between February 28, 2013 and March 08, 2013. All information in this report is for reference only and should not be considered forward looking.

(NASDAQ: CTSH)

Cognizant
Technology
Solutions


Bullish

Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process services worldwide. The company operates through four segments: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. Its consulting and technology services include IT strategy consulting, program management consulting, operations improvement consulting, strategy consulting, and business consulting services; and application design and development, systems integration, enterprise resource planning, and customer relationship management implementation services. The company also offers enterprise information management services, such as strategic, advisory, and management consulting; enterprise data management; descriptive analytics/business intelligence; strategic corporate performance management; and packaged analytics services, as well as big data services that assist clients in managing and deriving actionable insights. In addition, it provides application testing services; and develops, licenses, implements, and supports proprietary and third-party software products, as well as helps its clients in implementing social, mobile, analytics, and cloud-based technologies to their businesses. Further, the company offers outsourcing services, such as application maintenance services; IT infrastructure services; and business process services, including clinical data management, pharmacovigilance, equity research support, commercial operations, and order management. It serves various industries, including banking and insurance; healthcare and life sciences; manufacturing and logistics; retail, travel, and hospitality; consumer goods; communications; information, media, and entertainment; and technology. The company markets and sells its services through professional staff, senior management, and direct sales personnel. Cognizant Technology Solutions Corporation was founded in 1998 and is headquartered in Teaneck, New Jersey.

Investment Highlights

  • GATS predicts CTSH will move up in the coming weeks. Target is $79.76. more
  • GATS predicts CTSH will move up in the coming weeks. Target is $80.84. more
  • SQUEEZETRIGGER predicts that when CTSH closes above $60.58, we expect a short squeeze to begin that could quickly drive the price of CTSH considerably higher.
  • VALUATION CTSH has a current calculated value of $83.79 which means the stock is undervalued compared to its price of $54.78.

Predictive Range February 25, 2013 - March 08, 2013

Anticipated price movement, between prediction date and target date, based on all market reads.
$76.68 - $80.30

How WealthMakers Market Reads Work:

WealthMakers Market Reads™ provide you with market performance predictions based on proprietary technologies, trading algorithms and data to help you make better, more informed investment decisions. Here's a quick review of our predictive technologies:

  • EARNINGS Most stock price histories show random or unpredictable movements around earnings reports. But some repeat the same pattern quarter after quarter, year after year. Earnings predicts probability, price move and length of move before and after all US stock earnings reports.
  • FRICTION FACTOR Friction Factor is based on the relationship between the price of a stock and the volume at which it's bought and sold. Normal and abnormal Friction factor patterns can help you time your buying and selling decisions for maximum earnings potential.
  • GATS The Global Automated Trading System (GATS) combines neural networks and genetic algorithms to reduce investment risks. GATS selects the highest probability trades in stocks, bonds, options, commodities, currencies and private equities, delivering precise, predictive and profitable data.
  • GROUP SECTOR Certain institutions can exert buying or selling pressure over an entire industry group, pushing prices higher. Group Sector identifies stocks that most closely match their group's movement and generate powerful group consensus trading signals to help you profit from the herd mentality.
  • PATTERN SCAN This technology automatically tracks "Trigger Events" that positively or negatively affect the value of a stock — or its perceived value among analysts — ranging from price fluctuations to natural disasters and political shifts. The results reveal patterns that can predict market movements.
  • EVENTS Events describe the current technical situation in your stock. It displays the technicals, trend conditions and seasonal factors and automatically discovers how that stock has performed in the trading days following the occurrences of the event or combination of events. This technology automatically scans using complex historical queries based on what event is taking place right now in the stock. It then displays the probability, expected return and number of trading days for the expected move.
  • RegSHO NAKED SHORTS SEC Regulation SHO mandates that if a clearing agent holds a fail-to-deliver position for 13 consecutive settlement days, it must purchase securities to close out its position, a.k.a. a forced cover. WealthMakers aggregates data from NYSE, AMEX, NASDAQ, OTCBB and PINKSHEETS to track stocks that are about to have forced covers.
  • SEASONALITY Seasonality analyzes more than 20 years of data to determine if stocks have a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias.
  • SQUEEZE TRIGGER Our proprietary database of more than 3,500,000,000 short sale transactions allows us to calculate the exact price at which the total short interest is short in each stock. Squeeze Trigger Alerts let you know exactly when a short squeeze will start and how to trade profitably.
  • VALUATION A stock's value is a function of its forecasted earnings per share and forecasted earnings growth, as well as profitability, interest and inflation rates. Valuation use these metrics to determine at what price a stock is undervalued or overvalued, so that you can make investment decisions accordingly.
  • INSIDER Significant stock sales or purchases by company "insiders" (officers or directors) can be a predictor of future price movements — up or down. The Insider strategy tracks these actions and correlates them with historical data to give you an investment edge.

GATS

 

Reduces risk by selecting the highest probability trades across market indices.

Cognizant Technology Solutions (NASDAQ: CTSH) is expected to go up as bullish signals have been generated by top equity trading strategies. This trading system is designed to identify high probability reversion to mean trading candidates. It looks to go long immediately following strong sell-offs, and goes short after sharp run ups. Its trades are short term and hone in on the irrational decisions of emotional traders around these extreme moves.

  • The price of CTSH expected to move up in the coming weeks.
  • Suggested stop level of 68.74 to limit potential trading losses.

Squeeze Trigger

 

We have a proprietary database of all trading in US stocks and maintain massive databases of short sale and naked short sale time and sales data, along with short squeeze SqueezeTrigger prices. We are the only firm that knows the exact price that a short squeeze will start in every US stock.

The Cumulative Squeeze Trigger price for CTSH is 60.58.

This means that when CTSH closes above $60.58, we expect a short squeeze to begin that could quickly drive the price of CTSH considerably higher.

Date Short Volume Short Value SqueezeTrigger
2016-07-31 5035896 286763054.645 56.9438
2016-06-30 26630262 1616981519.56 60.7197
2016-05-31 7748450 450574692.035 58.1503
2016-04-30 4828424 294427155.83 60.9779
2016-03-31 16644293 978556267.344 58.7923
2016-02-29 6846818 398067836.384 58.1391
2016-01-31 2067353 121337289.011 58.6921
2015-12-31 5960239 371545206.615 62.3373
2015-11-30 12359570 820012975.048 66.3464
2015-10-31 1573822 99905276.2668 63.4794
2015-09-30 10536622 654611875.981 62.1273
2015-08-31 13722730 885236845.024 64.5088
2015-07-31 11009850 673153238.85 61.141
2015-06-30 9181586 583672503.861 63.5699
2015-05-31 2585961 161539294.556 62.4678
2015-04-30 6997396 429192980.796 61.3361
2015-03-31 9052837 565336091.395 62.4485
2015-02-28 4293155 241271017.845 56.199
2015-01-31 2041586 106710025.365 52.2682
2014-12-31 8270469 433786926.097 52.4501

Friction Factor

 

Friction Factor determines if there is normal or abnormal behavior in the price action of the stock when compared to the buying vs. selling trading statistics. It shows us how many more shares of buying than selling it takes to move a stock higher by 1 cent, or how many more shares of selling than buying it takes to drop a stock by 1 cent.
Here is how to understand Friction Factor:

  • If Friction Factor is positive, more buying than selling caused CTSH's price to rise
  • If Friction Factor is negative, more selling than buying caused CTSH's price to fall
  • If Friction Factor is 0, there was no discernable activity either way
  • If Friction Factor is abnormal, it means that more buying than selling caused the price to drop which is evidence of manipulative activity. In some cases more selling than buying can cause the price to increase. While this is rare, it must be noted as well. Friction Factor raw data.

Date Change Buy Vol Sell Vol Net Vol Friction
2016-07-07 0.0 663986 611687 52299 Bearish Bias
2016-07-06 0.37 1639536 1256107 383429 10362.94595
2016-07-05 -0.8 1910564 1917220 -6656 -83.2
2016-07-01 -0.09 1583160 2035702 -452542 -50282.44444
2016-06-30 0.15 1998748 1501555 497193 33146.2
2016-06-29 1.09 1856708 2184922 -328214 Bullish Bias
2016-06-28 0.52 1856018 1780307 75711 1455.980769
2016-06-27 -2.53 2338667 2112930 225737 Bearish Bias
2016-06-24 -4.7 2606036 2695987 -89951 -191.3851064
2016-06-23 0.98 704800 952406 -247606 Bullish Bias
2016-06-22 0.12 1230974 1047739 183235 15269.58333
2016-06-21 0.3 1039443 651671 387772 12925.73333
2016-06-20 1.74 985365 1170231 -184866 Bullish Bias
2016-06-17 -0.16 1257105 757851 499254 Bearish Bias
2016-06-16 0.08 795276 1137062 -341786 Bullish Bias
2016-06-15 -0.96 1040105 1382684 -342579 -3568.53125
2016-06-14 0.0 907132 1073428 -166296 Bullish Bias
2016-06-13 -0.22 681980 1005382 -323402 -14700.09091
2016-06-10 -0.76 1199480 1405143 -205663 -2706.092105
2016-06-09 -0.63 1392284 1419508 -27224 -432.1269841

Valuation

 

Value is a measure of a stock's current worth. CTSH has a current value of 83.79 per share. Therefore, it is undervalued compared to its Price of $54.78 per share. Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates. Value increases when earnings, earnings growth rate and profitability increase, and when interest and inflation rates decrease.

General Results

 

Past success in predictions regarding all predictions on the WealthMakers platform.

Our prediction engine has a track record that is second to none. See for our results.

Read Type Avg Return Avg Maturity Days Hits Misses % Accurate
Insider 18.054 82.77 16527 790 95.44%
SqueezeTrigger 14.985 21.75 11449 880 92.86%
Valuation 19.577 27.08 4010 317 92.67%
Seasonality 11.023 15.22 59779 6805 89.78%
Group Correlation 8.206 15.16 13056 1577 89.22%
PatternScan 12.125 11.41 244840 39389 86.14%
Events 9.82 11.16 4699 834 84.93%
GATS 8.637 7.88 89749 21184 80.90%
Earnings 12.952 10.46 24173 5881 80.43%
Naked Shorts 19.931 10.98 2884 788 78.54%
Friction Factor 10.574 3.62 8521 2622 76.47%

About Wealthmakers

WealthMakers gives institutional and individual investors an exclusive advantage in making precise, predictive and profitable trading decisions. Our proprietary technologies — Earnings, Seasonality, Squeeze Trigger, Group Sector and GATS — apply artificial intelligence, proprietary algorithms, market data and research to help our clients realize exponential returns. Find out more at WealthMakers.com.

All material herein was prepared by WealthMakers, based upon information believed to be reliable. The information contained herein is not guaranteed by WealthMakers to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. WealthMakers is not a registered investment advisor in the State of California. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. WealthMakers or its affiliates may receive compensation from independent third parties, or from the companies mentioned, for data provided in this report or related services. WealthMakers affiliates, officers, directors and employees do not own shares of the company mentioned in this report, but may from time to time buy/sell the shares discussed in this opinion and may profit from those trades. Market commentary provided by Thomas Ronk, a registered investment advisor and commodities trading advisor in California. WealthMakers will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment.

All Rights Reserved. Copyright 2011 WealthMakers

Overview
Last Price$54.78
52 Week Range$35.00 - $54.00
1 Month Range$48.56 - $50.99
Avg Daily Volume3076595.0
PE Ratio23.65
 
Earnings Per Share
YearEPS
2016(E)$2.115
 
Capitalization
Shares Outstanding608MM
Market Capitalization$30240.00MM
 
 

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