Stock Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
Cognex Corp (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.
MarketClub’s Trade Triangles for CGNX
The long-term trend has been DOWN since Feb 24th, 2020 at 48.5038
The intermediate-term trend has been DOWN since Jan 29th, 2020 at 54.5700
The short-term trend has been UP since Apr 6th, 2020 at 42.4500
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).
|Year High||70||Year High Date||2018-01-23|
|Year Low||36.16||Year Low Date||2018-10-30|
|52wk High||59.14||52wk High Date||2020-01-24|
|52wk Low||35.2||52wk Low Date||2020-03-12|
|Year End Close||36.7901||Average Volume||1,654,951|
|Shares Outstanding||172,611||Short Interest||838,634|
|% Institutional||95.8||Market Cap||8,512M|