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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.

10 day averaged volume of Cognex Corporation is 1142290

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	40.50	40.22	40.55	39.90	0.901 times
27 Fri Sep 2024	40.27	40.63	41.07	40.12	0.788 times
26 Thu Sep 2024	40.30	39.71	40.42	39.26	0.827 times
25 Wed Sep 2024	38.74	39.54	39.66	38.47	0.826 times
24 Tue Sep 2024	39.60	39.84	40.21	39.21	0.942 times
23 Mon Sep 2024	39.41	39.90	40.14	39.29	0.999 times
20 Fri Sep 2024	39.74	39.83	39.86	39.07	1.618 times
19 Thu Sep 2024	39.83	39.67	40.11	39.19	1.497 times
18 Wed Sep 2024	38.48	39.06	39.37	38.29	0.8 times
17 Tue Sep 2024	38.96	38.90	39.54	38.77	0.942 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 40.7, for a target of 39.8 or 39

Share price targets for Cognex Corporation (CGNX)

Target Type	Value
Downside Target	35.25
Downside Target	37.42
Downside Target	39.90
Upside Target	41.07
Upside Target	42.04
Upside Target	46.21
Upside Target	46.50
Upside Target	48.03
Upside Target	48.74
Upside Target	53.13

Intraday share price targets for Cognex Corporation (CGNX)

Target Type	Value
Downside Intraday Target	40.08
Downside Intraday Target	39.67
Upside Intraday Target	40.73
Upside Intraday Target	40.97
Downside Intraday Target	40.32

Weekly technical analysis of Cognex Corporation (CGNX)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	40.50	40.22	40.55	39.90	0.205 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
06 Fri Sep 2024	38.23	39.83	40.24	37.86	1.498 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
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
28 Fri Jun 2024	46.76	45.63	48.03	42.04	0.875 times

Scroll below to view daily charts

Price has moved up 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 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 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 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 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 SELL signal for Cognex Corporation in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 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 39.61 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.