Overall CGNX gets a technical rating of 4 out of 10. In the past year, CGNX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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.
34.44
When analyzing the support we can see 4 important areas.
2 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for CGNX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGNX is up. |
| ChartMill Relative Strength | 26.58 | NEGATIVE | CGNX has a low relative strength, it was outperformed by 73.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGNX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGNX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGNX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.3 | NEUTRAL | The RSI value for CGNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests CGNX has a positive trend. |
| Stochastics (14,3) | 96.39 | OVERBOUGHT | The high Stochastics value suggests CGNX may be overbought. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for CGNX suggests some volalility. |
| Average Directional Index/ADX (14) | 29.25 | POSITIVE | The high ADX value value for CGNX suggests a strong trend. |
40.92
+0.33 (+0.81%)
ChartMill assigns a technical rating of 4 / 10 to CGNX.
The current trend direction for COGNEX CORP (CGNX) is Bearish.
COGNEX CORP (CGNX) has an RSI value of 68.2962. This indicates that the stock is currently neutral.
The short term momentum for COGNEX CORP (CGNX) is positive.