(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 2024-05-21 View latest technical analysis
10 day averaged volume of Cognex Corporation is 1104387
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 48.16 | 48.43 | 48.74 | 48.02 | 1.148 times |
| 20 Mon May 2024 | 48.51 | 47.61 | 48.53 | 47.60 | 0.796 times |
| 17 Fri May 2024 | 47.85 | 47.44 | 48.00 | 47.40 | 0.892 times |
| 16 Thu May 2024 | 47.50 | 47.44 | 47.59 | 46.99 | 0.713 times |
| 15 Wed May 2024 | 47.44 | 47.45 | 47.71 | 46.95 | 0.858 times |
| 14 Tue May 2024 | 47.09 | 47.24 | 47.66 | 46.72 | 1.338 times |
| 13 Mon May 2024 | 46.85 | 46.88 | 47.59 | 46.81 | 1.018 times |
| 10 Fri May 2024 | 46.42 | 46.89 | 47.15 | 46.34 | 0.73 times |
| 09 Thu May 2024 | 46.50 | 46.32 | 46.54 | 45.67 | 0.718 times |
| 08 Wed May 2024 | 46.32 | 45.60 | 46.36 | 45.42 | 1.166 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 47.7, but if it comes below 47.7, then a intra day sell could be more profitable.
If you take a sell trade below 47.7, then use 47.7 as stoploss and 44.7 as target. However if you take a buy trade in stock , then use 47.7 as stoploss and 51.3 as target.
Share price targets for Cognex Corporation (CGNX)
| Target Type | Value |
| Downside Target | 34.79 |
| Downside Target | 36.00 |
| Downside Target | 38.30 |
| Downside Target | 40.73 |
| Downside Target | 42.60 |
| Downside Target | 43.95 |
| Downside Target | 44.83 |
| Downside Target | 46.72 |
| Downside Target | 47.15 |
| Downside Target | 47.60 |
| Downside Target | 48.00 |
| Upside Target | 48.74 |
Intraday share price targets for Cognex Corporation (CGNX)
| Target Type | Value |
| Downside Intraday Target | 47.59 |
| Downside Intraday Target | 47.03 |
| Upside Intraday Target | 48.73 |
| Upside Intraday Target | 49.31 |
| Upside Intraday Target | 48.17 |
Weekly technical analysis of Cognex Corporation (CGNX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 48.16 | 47.61 | 48.74 | 47.60 | 0.403 times |
| 17 Fri May 2024 | 47.85 | 46.88 | 48.00 | 46.72 | 0.896 times |
| 10 Fri May 2024 | 46.42 | 44.42 | 47.15 | 43.95 | 0.782 times |
| 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 |
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 |
| 21 Tue May 2024 | 48.16 | 41.46 | 48.74 | 40.80 | 0.995 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 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 losing 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 coming down
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 and the buying is gaining 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 47.26 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.
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 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 losing 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 coming down
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 and the buying is gaining 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 47.26 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.