Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
Cognyte Software Ltd. - Ordinary Shares (NASDAQ:CGNT)
Long-Term Uptrend (+90) - CGNT is in a strong uptrend that is likely to continue. While CGNT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CGNT?
MarketClub looks at technical strength and momentum to determine if the timing is right for CGNT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CGNT
The long-term trend has been UP since Dec 13th, 2023 at 5.999
The intermediate-term trend has been UP since May 6th, 2024 at 7.360
The short-term trend has been UP since May 2nd, 2024 at 7.010
Smart Scan Analysis for CGNT
Based on our trend formula, CGNT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.62 | 7.81 | 7.62 | 7.64 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.64 | 133253 | 2024-05-09 15:59:39 |
| 52wk High | 8.53 | 52wk High Date | 2024-04-01 |
| 52wk Low | 4 | 52wk Low Date | 2023-10-27 |
| Average Volume | 300,520 | Shares Outstanding | 65,773 |
| Assets | 472,082,000M | Liabilities | 274,207,000M |