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(CCOI) Cogent Communications complete technical analysis [charts+indicators] | Buy/Sell Cogent Communications | (CCOI) share price targets

Complete technical analysis of Cogent Communications (CCOI) by charts plus indicators, forecast predictions and share price targets for Cogent Communications (CCOI)

Cogent Communications trades in USA in Consumer Services sector.

Showing technical analysis as on 2024-06-12 View latest technical analysis

10 day averaged volume of Cogent Communications is 572120

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	54.44	53.28	55.51	53.28	1.294 times
11 Tue Jun 2024	52.15	51.50	53.27	50.80	1.418 times
10 Mon Jun 2024	51.79	54.75	54.81	51.69	1.39 times
07 Fri Jun 2024	55.11	56.10	56.23	54.97	0.891 times
06 Thu Jun 2024	56.71	56.00	57.24	55.28	1.028 times
05 Wed Jun 2024	55.98	56.73	57.01	55.80	1.204 times
04 Tue Jun 2024	56.79	57.00	57.72	54.34	0.998 times
03 Mon Jun 2024	57.17	59.73	59.73	57.08	1.053 times
31 Fri May 2024	59.22	60.05	60.07	58.90	0.694 times
30 Thu May 2024	59.77	59.50	60.82	59.47	0.694 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.1, but if it comes above 55.1, then a intra day buy could be more profitable.
If you take a sell trade below 55.1, then use 55.1 as stoploss and 52.2 as target. However if you take a buy trade in stock , then use 55.1 as stoploss and 57.43 as target.

Share price targets for Cogent Communications (CCOI)

Target Type	Value
Downside Target	50.80
Downside Target	54.34
Upside Target	55.51
Upside Target	57.11
Upside Target	59.73
Upside Target	61.58
Upside Target	61.64
Upside Target	65.60
Upside Target	66.46
Upside Target	72.64
Upside Target	80.10
Upside Target	86.00

Intraday share price targets for Cogent Communications (CCOI)

Target Type	Value
Downside Intraday Target	51.66
Downside Intraday Target	48.87
Upside Intraday Target	56.37
Upside Intraday Target	58.29
Downside Intraday Target	53.58

Weekly technical analysis of Cogent Communications (CCOI)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	54.44	54.75	55.51	50.80	0.793 times
07 Fri Jun 2024	55.11	59.73	59.73	54.34	1.973 times
31 Fri May 2024	59.22	59.14	60.82	58.50	0.98 times
23 Thu May 2024	58.49	59.43	60.25	57.64	0.514 times
17 Fri May 2024	59.15	59.80	60.36	57.11	1.011 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 Cogent Communications (CCOI)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	54.44	59.73	59.73	50.80	0.521 times
31 Fri May 2024	59.22	64.51	65.60	57.11	1.123 times
30 Tue Apr 2024	64.18	65.90	66.46	61.64	0.701 times
28 Thu Mar 2024	65.33	80.10	80.10	61.58	2.057 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 Cogent Communications (CCOI)

Price action analysis of Cogent Communications ( (CCOI) ) 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 Cogent Communications ( (CCOI) ) 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 Cogent Communications ( (CCOI) ) 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 Cogent Communications stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Cogent Communications in short term and the sell signal is strong.

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

Cogent Communications Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Cogent Communications in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 Cogent Communications is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.39 and Cogent Communications (CCOI) 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 Cogent Communications (CCOI) stock. Volume based technical analysis of Cogent Communications (CCOI) stock is negative.

Cogent Communications 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.