COGNEX CORP (CGNX)

US1924221039 - Common Stock

45.52  +0.05 (+0.11%)

After market: 44.82 -0.7 (-1.54%)

Technical Rating and Analysis

6

Taking everything into account, CGNX scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CGNX is a bad performer.

69% of all other stocks performed better in the past year than CGNX.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
CGNX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
CGNX is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 51% of 128 stocks in the same industry.
CGNX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CGNX is lagging the market.
Weekly and Daily overview Charts
CGNX Weekly chart
CGNX Daily chart
Setup Rating and Analysis

3

CGNX has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

35.00

49.01

5 important support areas can be observed.

  • A support zone ranging from 45.46 to 45.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @40.22 from a trend line in the daily time frame.
  • Support @39.02 from a trend line in the weekly time frame.
  • Support @38.16 from a horizontal line in the daily time frame.
  • Support @35.35 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 46.72 to 48.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.49
Mansfield-0.69
10 Day High48.74
10 Day Low44.47
20 Day High48.74
20 Day Low43.53
52 Week High59.51
52 Week Low34.28
Performance
1 Week-4.59%
2 Weeks-4.17%
1 Month4.98%
3 Month14.29%
6 Month18.54%
12 Month-19.96%
2 Year-5.99%
3 Year-42.66%
5 Year12.12%
10 Year152.89%
15 Year1290.99%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.45
RSI(14)50.98
LBB45.31
UBB49.13
CGNX Daily chart

COGNEX CORP

NASDAQ:CGNX (5/31/2024, 7:00:00 PM)

After market: 44.82 -0.7 (-1.54%)

45.52

+0.05 (+0.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.11%
1 Week-4.59%
2 Weeks-4.17%
1 Month4.98%
3 Month14.29%
6 Month18.54%
12 Month-19.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.91
ATR(20)%2.12%
ATR Inc
Range Today1.33
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High48.74
10 Day Low44.47
20 Day High48.74
20 Day Low43.53
52 Week High59.51
52 Week Low34.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.47M
Volume Incr-1.03%
Vol(5)1.16M
Vol(50)992.11K