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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 2024-11-06 View latest technical analysis

10 day averaged volume of Cognex Corporation is 1530050

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	42.60	42.21	42.84	41.40	1.421 times
05 Tue Nov 2024	39.84	40.38	40.69	39.64	0.732 times
04 Mon Nov 2024	40.85	40.31	41.22	40.30	0.629 times
01 Fri Nov 2024	40.41	40.23	40.67	39.40	0.955 times
31 Thu Oct 2024	40.23	43.39	44.17	40.20	1.807 times
30 Wed Oct 2024	40.46	40.11	40.89	40.10	0.746 times
29 Tue Oct 2024	40.60	39.13	40.70	39.00	0.721 times
28 Mon Oct 2024	39.22	39.16	39.57	39.00	0.938 times
25 Fri Oct 2024	38.84	38.90	39.40	38.75	1.322 times
24 Thu Oct 2024	38.69	38.86	39.03	38.42	1.149 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 41.9, for a target of 40.8 or 39.91

Share price targets for Cognex Corporation (CGNX)

Target Type	Value
Downside Target	35.25
Downside Target	37.42
Downside Target	41.07
Downside Target	41.11
Upside Target	42.84
Upside Target	44.17
Upside Target	46.21
Upside Target	46.50
Upside Target	53.13

Intraday share price targets for Cognex Corporation (CGNX)

Target Type	Value
Downside Intraday Target	40.55
Downside Intraday Target	38.49
Upside Intraday Target	43.75
Upside Intraday Target	44.89
Downside Intraday Target	41.69

Weekly technical analysis of Cognex Corporation (CGNX)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	42.60	40.31	42.84	39.64	0.539 times
01 Fri Nov 2024	40.41	39.16	44.17	39.00	1.145 times
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

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
06 Wed Nov 2024	42.60	40.23	42.84	39.40	0.22 times
31 Thu Oct 2024	40.23	40.20	44.17	38.01	1.289 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 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 40.18 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.