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Stock Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

Cognex Corporation (NASDAQ:CGNX)

Crossroads (+60) - CGNX is struggling to move into a solid trend. Beware of choppy markets 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.

NASDAQ_CGNX
Open High Low CGNX Price Change
37.2300 37.9800 37.0611 37.6300 +0.8100
Entry Signal

MarketClub’s Trade Triangles for CGNX

long term down The long-term trend has been DOWN since Aug 18th, 2023 at 45.935

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2023 at 37.150

short term up The short-term trend has been UP since Nov 29th, 2023 at 37.410

Smart Scan Analysis for CGNX

Based on our trend formula, CGNX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CGNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.2300 37.9800 37.0611 37.6300 +0.8100
Prev. Close Volume Bid Ask Time
37.6100 1438020 2023-11-29 16:00:00
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 Volume1,181,340
Shares Outstanding172,142Short Interest838,634
% Institutional95.8Market Cap8,512M
Assets198,989,900MLiabilities501,301,000M
P/E Ratio41.3751Beta1.48
Volatility51.15
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