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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 2024-01-22 View latest technical analysis

10 day averaged volume of Cognex Corporation is 1221810

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	38.24	38.19	38.55	37.91	0.894 times
19 Fri Jan 2024	37.64	38.39	38.39	37.53	0.881 times
18 Thu Jan 2024	38.13	37.69	38.14	36.98	0.856 times
17 Wed Jan 2024	37.22	37.38	37.78	36.64	1.184 times
16 Tue Jan 2024	38.02	37.66	38.23	36.94	1.071 times
12 Fri Jan 2024	38.08	39.30	39.72	37.85	0.815 times
12 Fri Jan 2024	38.08	39.30	39.72	37.85	0.815 times
11 Thu Jan 2024	39.09	39.19	39.38	38.64	0.787 times
10 Wed Jan 2024	39.22	38.88	39.31	38.48	1.411 times
09 Tue Jan 2024	38.85	37.97	38.87	37.97	1.202 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 37.6 as stoploss in an intra day buy trade for a target of 39.38. However, stock will show a bearish move below 37.6.

Share price targets for Cognex Corporation (CGNX)

Target Type	Value
Downside Target	34.28
Downside Target	36.64
Upside Target	38.55
Upside Target	39.72
Upside Target	41.34
Upside Target	41.51
Upside Target	42.82
Upside Target	42.95
Upside Target	47.89

Intraday share price targets for Cognex Corporation (CGNX)

Target Type	Value
Downside Intraday Target	37.92
Downside Intraday Target	37.59
Upside Intraday Target	38.56
Upside Intraday Target	38.87
Downside Intraday Target	38.23

Weekly technical analysis of Cognex Corporation (CGNX)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	38.24	38.19	38.55	37.91	0.224 times
19 Fri Jan 2024	37.64	37.66	38.39	36.64	4.9 times
12 Fri Jan 2024	38.08	39.30	39.72	37.85	0.157 times
12 Fri Jan 2024	38.08	37.97	39.72	37.85	1.021 times
05 Fri Jan 2024	37.85	41.24	41.34	37.59	6.755 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
22 Mon Jan 2024	38.24	41.24	41.34	36.64	0.769 times
29 Fri Dec 2023	41.74	37.56	42.82	37.21	0.75 times
30 Thu Nov 2023	37.70	35.86	38.51	34.28	1.336 times
31 Tue Oct 2023	35.99	42.34	42.95	34.32	1.496 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 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 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Cognex Corporation 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.

Cognex Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Cognex Corporation in short term but BUY signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 38.29 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 positive

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