Cognizant Technology Solutions Corporation (CTSH) provides consulting, technology & outsourcing services in North America, Europe & internationally. It operates through four segments: Financial services, Health services, Product & resources & Communications, Media & technology.
In the monthly chart, CTSH ended ((II)) in a double correction at a $37.08 low in the blue box area & favors a rally in ((III)). Further upside in ((III)) will confirm above March-2022 & extend towards the $130.5– $188.2 area. Buyers got risk-free longs from the monthly blue box area, favoring upside.
CTSH – Elliott Wave Latest Weekly View:
In the monthly, it started the Grand Super Cycle from the 1998 low. It ended ((I)) at $93.47 high in March 2022. Within ((I)), it ended (I) at $23.89 high, (II) at $7.19 low, (III) at $85.10 high, (IV) at $40.01 low & (V) at $93.47 high. Within (III), it ended I at $41.74 high, II at $26.77 low, III at $69.80 high, IV at $45.44 low & V at $85.10 high. Below ((I)) peak, it ended ((II)) correction at $37.08 low in June-2026 low & favors a rally in I of (I) of ((III)). Within ((II)), it ended (w) at $51.33 low (Nov-2022), (x) at $90.82 high (Feb-2025) & (y) at $37.08 low. The (w) was a sharp move, while (x) ended in 7 swings bounce followed by (Y) in 3 swings correction.
CTSH – Elliott Wave Latest Monthly View:
Above ((II)) low, it favors rally in ((1)) of I of (I) of ((III)). Further upside will be confirmed when it breaks above the $93.47 high of ((I)). It has already reacted more than 50 % of the (y) leg ($64.06) level, allowing investors to be risk-free by taking partial profit. Investors look for the next rally targeting the $130.5– $188.2 area as ((III)). Short term, a pullback in ((2)), once it ends, ((1)) will remain supported in 3, 7, or 11 swings pullback, while above the 6.30.2026 low.
CTSH – Elliott Wave View From 6.08.2026:
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