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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Cognex Corporation (NASDAQ:CGNX)

Strong Uptrend (+100) - CGNX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CGNX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

NASDAQ_CGNX
Open High Low CGNX Price Change
45.60 46.36 45.42 46.33 +0.43
Entry Signal

MarketClub’s Trade Triangles for CGNX

long term up The long-term trend has been UP since May 2nd, 2024 at 42.770

intermediate term up The intermediate-term trend has been UP since May 2nd, 2024 at 42.375

short term up The short-term trend has been UP since Apr 23rd, 2024 at 39.350

Smart Scan Analysis for CGNX

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

+100
Smart Scan Analysis for CGNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.60 46.36 45.42 46.33 +0.43
Prev. Close Volume Bid Ask Time
45.90 1003380 2024-05-08 15:59:40
Year High70Year High Date2018-01-23
Year Low36.16Year Low Date2018-10-30
52wk High59.5152wk High Date2023-07-19
52wk Low34.2852wk Low Date2023-11-01
Year End Close36.7901Average Volume1,024,810
Shares Outstanding171,634Short Interest838,634
% Institutional95.8Market Cap8,512M
Assets201,323,300MLiabilities524,044,000M
P/E Ratio80.5263Beta1.48
Volatility51.15
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