COGNEX CORP (CGNX) Stock Technical Analysis
NASDAQ:CGNX - Nasdaq - US1924221039 - Common Stock
We assign a technical rating of 5 out of 10 to CGNX. CGNX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
CGNX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month CGNX has a been trading in the 35.08 - 39.97 range, which is quite wide. It is currently trading near the high of this range.
CGNX has an average volume of 1117410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, CGNX turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
CGNX is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 43% of 126 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CGNX has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
35.24
48.29
We found 2 important support areas.
- A support zone ranging from 37.82 to 38.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.60 to 35.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 42.92 to 43.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @47.81 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.43
Mansfield-1.19
10 Day High39.97
10 Day Low35.53
20 Day High39.97
20 Day Low35.08
52 Week High53.13
52 Week Low34.79
Performance
1 Week7.41%
2 Weeks11.29%
1 Month8.64%
3 Month-2.5%
6 Month-20.17%
12 Month5.55%
2 Year-27.42%
3 Year-40.22%
5 Year-22.05%
10 Year116.22%
15 Year870.8%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.48
RSI(14)65.05
LBB34.64
UBB39.86
COGNEX CORP
NASDAQ:CGNX (1/17/2025, 8:00:00 PM)
After market: 39.86 +0.13 (+0.33%)39.73
+0.37 (+0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.94%
1 Week7.41%
2 Weeks11.29%
1 Month8.64%
3 Month-2.5%
6 Month-20.17%
12 Month5.55%
2 Year-27.42%
3 Year-40.22%
5 Year-22.05%
10 Year116.22%
15 Year870.8%
Volatility
ATR(14)1.05
ATR(20)%2.61%
ATR Inc-20.17%
Range Today0.47
ADR(20)0.99
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.43
Mansfield-1.19
10 Day High39.97
10 Day Low35.53
20 Day High39.97
20 Day Low35.08
52 Week High53.13
52 Week Low34.79
CS1 End38.58
CR1 Start42.92
Volume & EV
DER(3)-1.94%
DER(5)-1.36%
Volume802.50K
Volume Incr8.58%
Vol(5)1.29M
Vol(50)1.12M