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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 2024-06-28 View latest technical analysis

10 day averaged volume of Cogent Communications is 588770

Date	Daily Closing Price	Open	High	Low	Volume
28 Fri Jun 2024	56.44	54.50	56.94	54.25	3.004 times
27 Thu Jun 2024	54.12	52.62	54.17	52.31	0.787 times
26 Wed Jun 2024	52.48	52.22	52.88	51.99	0.935 times
25 Tue Jun 2024	52.30	52.45	52.45	51.34	0.821 times
24 Mon Jun 2024	52.41	51.93	52.50	51.61	0.569 times
21 Fri Jun 2024	51.71	52.18	52.37	51.44	1.936 times
20 Thu Jun 2024	52.36	53.31	54.23	51.60	0.866 times
18 Tue Jun 2024	53.45	52.28	53.76	52.28	0.955 times
18 Tue Jun 2024	53.45	52.28	53.76	52.28	0.955 times
17 Mon Jun 2024	52.46	52.18	52.68	51.62	1.228 times

Stock of Cogent Communications (CCOI) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 55.6, but if it comes below 55.6, then a intra day sell could be more profitable.
If you take a sell trade below 55.6, then use 55.6 as stoploss and 53.76 as target. However if you take a buy trade in stock , then use 55.6 as stoploss and 57.9 as target.

Share price targets for Cogent Communications (CCOI)

Target Type	Value
Downside Target	50.80
Downside Target	53.76
Downside Target	55.51
Upside Target	56.94
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	52.87
Downside Intraday Target	49.31
Upside Intraday Target	58.47
Upside Intraday Target	60.51
Downside Intraday Target	54.91

Weekly technical analysis of Cogent Communications (CCOI)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Fri Jun 2024	56.44	51.93	56.94	51.34	1.628 times
21 Fri Jun 2024	51.71	52.28	54.23	51.44	1.72 times
18 Tue Jun 2024	53.45	52.18	53.76	51.62	0.377 times
14 Fri Jun 2024	52.18	54.75	55.51	50.80	1.153 times
07 Fri Jun 2024	55.11	59.73	59.73	54.34	1.973 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Cogent Communications (CCOI)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Fri Jun 2024	56.44	59.73	59.73	50.80	1.322 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 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 Cogent Communications ( (CCOI) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Cogent Communications ( (CCOI) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Cogent Communications 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.

Cogent Communications Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Cogent Communications in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Cogent Communications is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 53.58 and Cogent Communications (CCOI) 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 Cogent Communications (CCOI) stock. Volume based technical analysis of Cogent Communications (CCOI) stock is negative.

Cogent Communications Stock is giving positive 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.