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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 2024-05-03 View latest technical analysis

10 day averaged volume of Cognex Corporation is 1030510

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	43.79	44.38	44.83	43.53	1.37 times
02 Thu May 2024	43.36	42.69	44.47	41.99	1.739 times
01 Wed May 2024	40.94	41.46	42.13	40.80	1.476 times
30 Tue Apr 2024	41.54	41.15	42.10	41.15	1.531 times
29 Mon Apr 2024	41.41	40.73	41.81	40.73	1.253 times
26 Fri Apr 2024	40.61	39.90	40.94	39.69	0.526 times
25 Thu Apr 2024	39.79	39.28	39.88	38.85	0.551 times
24 Wed Apr 2024	39.53	39.40	40.71	39.28	1.024 times
23 Tue Apr 2024	39.54	39.22	39.93	39.22	0.497 times
22 Mon Apr 2024	39.17	38.85	39.35	38.56	0.742 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 43.7, for a target of 42 or 40.57

Share price targets for Cognex Corporation (CGNX)

Target Type	Value
Downside Target	34.79
Downside Target	36.00
Downside Target	38.30
Downside Target	41.17
Downside Target	41.34
Downside Target	42.38
Downside Target	42.60
Downside Target	42.77
Upside Target	44.83

Intraday share price targets for Cognex Corporation (CGNX)

Target Type	Value
Downside Intraday Target	41.4
Downside Intraday Target	39.02
Upside Intraday Target	45.5
Upside Intraday Target	47.22
Downside Intraday Target	43.12

Weekly technical analysis of Cognex Corporation (CGNX)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	43.79	40.73	44.83	40.73	2.206 times
26 Fri Apr 2024	40.61	38.85	40.94	38.56	0.856 times
19 Fri Apr 2024	38.46	40.46	40.75	38.30	1.132 times
12 Fri Apr 2024	40.25	40.78	42.38	40.10	0.819 times
05 Fri Apr 2024	40.42	42.49	42.60	39.65	1.276 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 Cognex Corporation (CGNX)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Fri May 2024	43.79	41.46	44.83	40.80	0.259 times
30 Tue Apr 2024	41.54	42.49	42.60	38.30	0.694 times
28 Thu Mar 2024	42.42	39.66	42.77	39.10	0.516 times
29 Thu Feb 2024	39.45	36.37	41.17	34.79	1.862 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Cognex Corporation in short term and the buy signal is strong.

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 tired and bears are picking up momentum.

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

CCI has generated a buy signal for Cognex Corporation in short term and BUY signal is strong.

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 41.44 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.