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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 2024-10-10 View latest technical analysis

10 day averaged volume of Cognex Corporation is 849730

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	38.52	38.41	38.70	38.01	1.268 times
09 Wed Oct 2024	38.96	39.43	39.73	38.87	1.365 times
08 Tue Oct 2024	39.69	39.33	39.89	39.12	0.766 times
07 Mon Oct 2024	39.46	39.33	39.73	39.07	1.071 times
04 Fri Oct 2024	39.52	39.82	39.87	39.26	0.936 times
03 Thu Oct 2024	39.19	39.43	39.72	39.12	0.754 times
02 Wed Oct 2024	39.81	39.66	40.18	39.46	0.952 times
01 Tue Oct 2024	39.69	40.20	40.44	39.62	0.773 times
30 Mon Sep 2024	40.50	40.22	40.55	39.90	1.211 times
27 Fri Sep 2024	40.27	40.63	41.07	40.12	1.059 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.8, but if it comes above 38.8, then a intra day buy could be more profitable.
If you take a sell trade below 38.8, then use 38.8 as stoploss and 38.1 as target. However if you take a buy trade in stock , then use 38.8 as stoploss and 39.4 as target.

Share price targets for Cognex Corporation (CGNX)

Target Type	Value
Downside Target	35.25
Downside Target	37.42
Upside Target	40.44
Upside Target	40.55
Upside Target	41.07
Upside Target	42.04
Upside Target	46.21
Upside Target	46.50
Upside Target	48.03
Upside Target	53.13

Intraday share price targets for Cognex Corporation (CGNX)

Target Type	Value
Downside Intraday Target	37.72
Downside Intraday Target	36.93
Upside Intraday Target	39.6
Upside Intraday Target	40.69
Upside Intraday Target	38.81

Weekly technical analysis of Cognex Corporation (CGNX)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	38.52	39.33	39.89	38.01	0.966 times
04 Fri Oct 2024	39.52	40.22	40.55	39.12	0.785 times
27 Fri Sep 2024	40.27	39.90	41.07	38.47	0.78 times
20 Fri Sep 2024	39.74	38.49	40.11	38.26	1.613 times
13 Fri Sep 2024	38.67	38.31	38.88	37.42	1.064 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
10 Thu Oct 2024	38.52	40.20	40.44	38.01	0.332 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
31 Wed Jul 2024	49.62	47.00	53.13	46.21	1.104 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 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 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 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 mid to longer 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.

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

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

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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.54 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.