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(CGNX) Cognex Corporation complete technical analysis [charts+indicators] | Buy/Sell Cognex Corporation | (CGNX) share price targets

Complete technical analysis of Cognex Corporation (CGNX) by charts plus indicators, forecast predictions and share price targets for Cognex Corporation (CGNX)

Cognex Corporation trades in USA in Capital Goods sector.

Showing technical analysis as on 2024-11-18 View latest technical analysis

10 day averaged volume of Cognex Corporation is 1123260

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	38.60	39.75	39.97	38.56	0.817 times
15 Fri Nov 2024	39.61	40.49	40.49	39.56	0.811 times
14 Thu Nov 2024	40.53	41.37	41.60	40.37	0.843 times
13 Wed Nov 2024	41.45	42.16	42.34	41.36	0.801 times
12 Tue Nov 2024	42.19	42.63	42.94	42.01	0.597 times
11 Mon Nov 2024	42.86	42.87	43.18	42.57	0.669 times
08 Fri Nov 2024	42.91	42.72	43.10	42.32	1.168 times
07 Thu Nov 2024	43.05	42.72	43.30	42.47	1.321 times
06 Wed Nov 2024	42.60	42.21	42.84	41.40	1.936 times
05 Tue Nov 2024	39.84	40.38	40.69	39.64	0.998 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39.1, but if it comes above 39.1, then a intra day buy could be more profitable.
If you take a sell trade below 39.1, then use 39.1 as stoploss and 37.3 as target. However if you take a buy trade in stock , then use 39.1 as stoploss and 40.55 as target.

Share price targets for Cognex Corporation (CGNX)

Target Type	Value
Downside Target	35.25
Downside Target	37.42
Upside Target	41.07
Upside Target	43.18
Upside Target	43.30
Upside Target	44.17
Upside Target	46.21
Upside Target	46.50
Upside Target	53.13

Intraday share price targets for Cognex Corporation (CGNX)

Target Type	Value
Downside Intraday Target	38.12
Downside Intraday Target	37.63
Upside Intraday Target	39.53
Upside Intraday Target	40.45
Upside Intraday Target	39.04

Weekly technical analysis of Cognex Corporation (CGNX)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	38.60	39.75	39.97	38.56	0.219 times
15 Fri Nov 2024	39.61	42.87	43.18	39.56	0.593 times
08 Fri Nov 2024	42.91	40.31	43.30	39.64	0.892 times
01 Fri Nov 2024	40.41	39.16	44.17	39.00	1.145 times
25 Fri Oct 2024	38.84	40.41	40.59	38.42	1.389 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Cognex Corporation (CGNX)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	38.60	40.23	43.30	38.56	0.524 times
31 Thu Oct 2024	40.23	40.20	44.17	38.01	1.289 times
30 Mon Sep 2024	40.50	39.83	41.07	37.42	0.566 times
30 Fri Aug 2024	40.38	46.00	46.50	35.25	1.486 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Cognex Corporation (CGNX)

Price action analysis of Cognex Corporation ( (CGNX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Cognex Corporation ( (CGNX) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Cognex Corporation ( (CGNX) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Cognex Corporation stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Cognex Corporation in short term but the sell signal is initial and weak.

Cognex Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Cognex Corporation in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Cognex Corporation is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.57 and Cognex Corporation (CGNX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Cognex Corporation (CGNX) stock. Volume based technical analysis of Cognex Corporation (CGNX) stock is negative.

Cognex Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.