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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 2024-10-17 View latest technical analysis

10 day averaged volume of Cognex Corporation is 920240

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	39.99	40.36	40.51	39.70	1.144 times
16 Wed Oct 2024	40.18	40.58	40.60	40.00	1.364 times
15 Tue Oct 2024	39.69	40.06	40.56	39.59	1.015 times
14 Mon Oct 2024	40.15	39.61	40.25	39.41	0.867 times
11 Fri Oct 2024	39.53	38.37	39.71	38.30	1.065 times
10 Thu Oct 2024	38.52	38.41	38.70	38.01	1.171 times
09 Wed Oct 2024	38.96	39.43	39.73	38.87	1.261 times
08 Tue Oct 2024	39.69	39.33	39.89	39.12	0.708 times
07 Mon Oct 2024	39.46	39.33	39.73	39.07	0.989 times
04 Fri Oct 2024	39.52	39.82	39.87	39.26	0.864 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 40.2 as stoploss in an intra day sell trade for a target of 39.65. However, stock will show a bullish move above 40.2.

Share price targets for Cognex Corporation (CGNX)

Target Type	Value
Downside Target	35.25
Downside Target	37.42
Upside Target	40.60
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	39.4
Downside Intraday Target	38.81
Upside Intraday Target	40.59
Upside Intraday Target	41.19
Upside Intraday Target	40

Weekly technical analysis of Cognex Corporation (CGNX)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	39.99	39.61	40.60	39.41	0.846 times
11 Fri Oct 2024	39.53	39.33	39.89	38.01	1.216 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

Price has moved up 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
17 Thu Oct 2024	39.99	40.20	40.60	38.01	0.581 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 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.

Price action analysis of Cognex Corporation ( (CGNX) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Cognex Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Cognex Corporation in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 39.55 and Cognex Corporation (CGNX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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