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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 2024-02-28 View latest technical analysis

10 day averaged volume of Cognex Corporation is 2722830

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	38.16	38.26	38.29	37.72	0.506 times
27 Tue Feb 2024	38.65	38.89	39.07	38.60	0.493 times
26 Mon Feb 2024	38.70	39.37	39.55	38.57	0.623 times
23 Fri Feb 2024	39.56	40.76	41.17	39.55	0.688 times
22 Thu Feb 2024	40.83	39.72	41.03	39.63	0.86 times
21 Wed Feb 2024	39.60	39.13	39.77	38.78	1.014 times
20 Tue Feb 2024	39.44	37.56	39.45	37.32	1.217 times
16 Fri Feb 2024	38.13	38.22	38.36	36.50	1.557 times
15 Thu Feb 2024	38.51	36.30	40.82	36.30	1.736 times
14 Wed Feb 2024	36.15	35.88	36.21	35.53	0.936 times

My analysis of stock is bullish for shortterm, and stock might move up till 39.1 or till 41. Use a stoploss of 37.43 and if this stock hits its stoploss, then it can fall down till 35.79

Share price targets for Cognex Corporation (CGNX)

Target Type	Value
Downside Target	34.28
Downside Target	35.86
Downside Target	37.12
Upside Target	38.51
Upside Target	39.55
Upside Target	40.82
Upside Target	41.17
Upside Target	41.34
Upside Target	42.82
Upside Target	42.95

Intraday share price targets for Cognex Corporation (CGNX)

Target Type	Value
Downside Intraday Target	37.4
Downside Intraday Target	36.65
Upside Intraday Target	39.23
Upside Intraday Target	40.31
Upside Intraday Target	38.48

Weekly technical analysis of Cognex Corporation (CGNX)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	38.16	39.37	39.55	37.72	0.429 times
23 Fri Feb 2024	39.56	37.56	41.17	37.32	0.574 times
16 Fri Feb 2024	38.13	36.52	40.82	34.98	1.2 times
09 Fri Feb 2024	36.76	36.40	37.12	34.79	2.848 times
02 Fri Feb 2024	36.79	37.58	38.10	35.86	0.932 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 Cognex Corporation (CGNX)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	38.16	36.37	41.17	34.79	1.813 times
31 Wed Jan 2024	36.14	41.24	41.34	36.00	1.077 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 and the buy signal is strong.

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. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Cognex Corporation in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Cognex Corporation is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 38.73 and Cognex Corporation (CGNX) stock is trading below this level. This means that stock is falling with high volumes. 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.