COGNEX CORP (CGNX) Stock Technical Analysis
USA - NASDAQ:CGNX - US1924221039 - Common Stock
41.7 USD
+0.31 (+0.75%)
41.7 USD
0 (0%)
Overall CGNX gets a technical rating of 5 out of 10. CGNX has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
CGNX is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 67% are performing better than CGNX.
In the last month CGNX has a been trading in the 40.15 - 49.76 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
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 has an average volume of 1920210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, CGNX outperforms 46% of them, which is more or less in line with the market.
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.
CGNX has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
40.07
46.86
We found 1 important support area.
- A support zone ranging from 40.47 to 41.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 45.32 to 46.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | UP | POSITIVE | The long term trend for CGNX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CGNX is neutral. |
| ChartMill Relative Strength | 46.24 | NEUTRAL | CGNX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CGNX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CGNX is below a declining 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) | 36.69 | NEUTRAL | The RSI value for CGNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.6 | NEGATIVE | The MACD value suggests CGNX has a negative trend. |
| Stochastics (14,3) | 33.2 | NEUTRAL | The Stochastics value for CGNX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.51 | HIGH VOLATILITY | The high ATR as a percentage value for CGNX suggests high volalility. |
| Average Directional Index/ADX (14) | 21.19 | NEUTRAL | The ADX value for CGNX suggests a possible start of a new trend. |
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)
41.7
+0.31 (+0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.75%
1 Week-14.39%
2 Weeks-10.1%
1 Month-10.6%
3 Month2.27%
6 Month48.72%
12 Month2.43%
2 Year15%
3 Year-10.47%
5 Year-37.19%
10 Year120.16%
15 Year520.08%
Volatility
ATR(14)2.13
ATR(20)%5.51%
ATR Inc117.18%
Range Today1.34
ADR(20)2.01
ADR(20)%4.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.24
3 months CRS43.9
6 months CRS86.96
Mansfield0.19
10 Day High49.76
10 Day Low40.21
20 Day High49.76
20 Day Low40.15
52 Week High49.76
52 Week Low22.67
CS1 End40.77
CR1 Start45.32
Volume & EV
DER(3)-1.24%
DER(5)-1.15%
Volume2.57M
Volume Incr47.45%
Vol(5)2.49M
Vol(50)1.92M
COGNEX CORP / CGNX FAQ
What is the technical rating for CGNX stock?
ChartMill assigns a technical rating of 5 / 10 to CGNX.
What is the current trend direction of COGNEX CORP (CGNX) stock?
The current trend direction for COGNEX CORP (CGNX) is Bullish.
What is the RSI signal for CGNX stock?
COGNEX CORP (CGNX) has an RSI value of 36.6855. This indicates that the stock is currently neutral.
Can you provide the MACD signal for COGNEX CORP?
The MACD indicator for COGNEX CORP (CGNX) has a value of -0.597923, indicating a bearish trend.