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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.
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MarketClub’s Trade Triangles for CGNX
The long-term trend has been UP since Nov 11th, 2022 at 51.02
The intermediate-term trend has been UP since Mar 21st, 2023 at 49.75
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).
| 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 High | 70 | Year High Date | 2018-01-23 |
| Year Low | 36.16 | Year Low Date | 2018-10-30 |
| 52wk High | 80.3 | 52wk High Date | 2022-03-29 |
| 52wk Low | 40.205 | 52wk Low Date | 2022-10-13 |
| Year End Close | 36.7901 | Average Volume | 857,461 |
| Shares Outstanding | 172,536 | Short Interest | 838,634 |
| % Institutional | 95.8 | Market Cap | 8,512M |
| Assets | 195,814,000M | Liabilities | 519,746,000M |
| P/E Ratio | 38.7886 | Beta | 1.48 |
| Volatility | 51.15 |