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Stock Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Cognex Corporation (NASDAQ:CGNX)

Sidelines Mode (+55) - CGNX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CGNX?

MarketClub looks at technical strength and momentum to determine if the timing is right for CGNX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low CGNX Price Change
47.430 47.660 46.925 47.370 -0.340
Entry Signal

MarketClub’s Trade Triangles for CGNX

long term up The long-term trend has been UP since Nov 11th, 2022 at 51.02

intermediate term up The intermediate-term trend has been UP since Mar 21st, 2023 at 49.75

short term down The short-term trend has been DOWN since Mar 24th, 2023 at 48.36

Smart Scan Analysis for CGNX

Based on our trend formula, CGNX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for CGNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.430 47.660 46.925 47.370 -0.340
Prev. Close Volume Bid Ask Time
47.710 534794 2023-03-28 15:59:57
Year High70Year High Date2018-01-23
Year Low36.16Year Low Date2018-10-30
52wk High80.352wk High Date2022-03-29
52wk Low40.20552wk Low Date2022-10-13
Year End Close36.7901Average Volume857,461
Shares Outstanding172,536Short Interest838,634
% Institutional95.8Market Cap8,512M
P/E Ratio38.7886Beta1.48
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