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Stock Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Cognex Corporation (NASDAQ:CGNX)

Countertrend Down (-85) - CGNX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
39.400 40.710 39.275 39.525 -0.015
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 down The intermediate-term trend has been DOWN since Apr 5th, 2024 at 39.910

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 -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CGNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.400 40.710 39.275 39.525 -0.015
Prev. Close Volume Bid Ask Time
39.530 904067 2024-04-24 15:59:52
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 Volume785,447
Shares Outstanding171,634Short Interest838,634
% Institutional95.8Market Cap8,512M
Assets201,781,200MLiabilities513,060,000M
P/E Ratio60.8308Beta1.48
Volatility51.15
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