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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 2024-10-25 View latest technical analysis

10 day averaged volume of Cognex Corporation is 1082880

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	38.84	38.90	39.40	38.75	1.868 times
24 Thu Oct 2024	38.69	38.86	39.03	38.42	1.623 times
23 Wed Oct 2024	38.76	39.03	39.36	38.43	1.417 times
22 Tue Oct 2024	39.23	39.27	39.55	39.19	0.736 times
21 Mon Oct 2024	39.63	40.41	40.59	39.48	0.73 times
18 Fri Oct 2024	40.75	40.33	41.11	39.97	0.858 times
17 Thu Oct 2024	39.99	40.36	40.51	39.70	0.972 times
16 Wed Oct 2024	40.18	40.58	40.60	40.00	1.159 times
15 Tue Oct 2024	39.69	40.06	40.56	39.59	0.863 times
14 Mon Oct 2024	40.15	39.61	40.25	39.41	0.737 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39, but if it comes above 39, then a intra day buy could be more profitable.
If you take a sell trade below 39, then use 39 as stoploss and 38.2 as target. However if you take a buy trade in stock , then use 39 as stoploss and 39.54 as target.

Share price targets for Cognex Corporation (CGNX)

Target Type	Value
Downside Target	35.25
Downside Target	37.42
Upside Target	41.07
Upside Target	41.11
Upside Target	42.04
Upside Target	46.21
Upside Target	46.50
Upside Target	48.03
Upside Target	53.13

Intraday share price targets for Cognex Corporation (CGNX)

Target Type	Value
Downside Intraday Target	37.98
Downside Intraday Target	37.11
Upside Intraday Target	40.15
Upside Intraday Target	41.45
Upside Intraday Target	39.28

Weekly technical analysis of Cognex Corporation (CGNX)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	38.84	40.41	40.59	38.42	1.389 times
18 Fri Oct 2024	40.75	39.61	41.11	39.41	1.04 times
11 Fri Oct 2024	39.53	39.33	39.89	38.01	1.216 times
04 Fri Oct 2024	39.52	40.22	40.55	39.12	0.785 times
27 Fri Sep 2024	40.27	39.90	41.07	38.47	0.78 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
25 Fri Oct 2024	38.84	40.20	41.11	38.01	0.969 times
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

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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Cognex Corporation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Cognex Corporation in short term and the sell signal is strong.

Cognex Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 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 39.43 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.