Birds Eye View Technical Analysis forConduent Incorporated (NYSE:CNDT)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Conduent Incorporated (NYSE:CNDT) for the period of 9-Day stands at 70.23% while the stochastic %D for the same period stands at 83.47%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Conduent Incorporated (NYSE:CNDT) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Conduent Incorporated (NYSE:CNDT) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Conduent Incorporated (NYSE:CNDT)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Conduent Incorporated is a business process services company. It engaged in providing business and government services to citizens, patients, customers and employees. The services rendered by the company include healthcare solutions, BPO services, learning services, digital payments, legal and compliance solutions, human resources, finance and accounting, procurement solutions and digital transformation. The company serves aerospace defence and automotive services, banking, communication and media, healthcare, industrial and energy, insurance, retail and consumer products and transportation industries. Conduent Incorporated is based in Basking Ridge, N.J.

Previous Day Activity Analysis

On the last trading day, Conduent Incorporated (NYSE:CNDT) opened the session at $16.14 and after going down -1.3% closed at $15.93. The stock lost -0.21 points in the last trade.

Conduent Incorporated (NYSE:CNDT)’s stock fluctuated in the range of $15.86 and $16.31 during the previous active session. Conduent Incorporated (NYSE:CNDT) traded with the volume of 1.3 Million with average volume of 1.81 Million. The stock has  volatility on the last trading session.

Currently the Beta for the company remains at 0 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.3 and 46.88 respectively.

Currently the Insider Ownership of the shares of Conduent Incorporated (NYSE:CNDT) is at 0.2% and the shares outstanding are 212.24 Million.

Important Ratio Analysis

Some important ratios to consider here for Conduent Incorporated (NYSE:CNDT) are discussed below:

Dividend yield of Conduent Incorporated (NYSE:CNDT) stands at 0% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 16.39.

The Price to Sale P/S and Price to Book P/B shows the value of 0.55 and 0.98 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 10.94 and 15.87 correspondingly.

The Quick Ratio of Conduent Incorporated (NYSE:CNDT) stands at 1.6 while the Current Ratio depicts the value of 1.6.

Return on Assets ROA of Conduent Incorporated (NYSE:CNDT) is at -12% whereas, Return on Equity ROE and Return of Investment ROI of Conduent Incorporated (NYSE:CNDT) stand at -24.9% and -18.2% respectively.

Stock Performance Analysis

The stock performance of Conduent Incorporated (NYSE:CNDT) on the basis of 5 day trade show the dip of -0.25% whereas, the monthly performance of the stock shows increase of 0.13%.

The quarterly performance of the stock remained in red zone with the value of -2.75% while six month performance of the shares of Conduent Incorporated (NYSE:CNDT) remained bullish with the count of 0.63%.

The yearly and YTD performance of Conduent Incorporated (NYSE:CNDT) remained up at 0% and 6.91% respectively.