COGNEX CORP (CGNX) Stock Technical Analysis
USA - NASDAQ:CGNX - US1924221039 - Common Stock
Taking everything into account, CGNX scores 1 out of 10 in our technical rating. In the last year, CGNX was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of CGNX is bad and it also does not present a 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
39.59
When analyzing the support we notice one important area.
- A support zone ranging from 39.99 to 39.99. 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 45.01 to 45.34. 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 | DOWN | NEGATIVE | The short term trend for CGNX is down. |
| ChartMill Relative Strength | 30.31 | 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) | 34.01 | NEUTRAL | The RSI value for CGNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.86 | NEGATIVE | The MACD value suggests CGNX has a negative trend. |
| Stochastics (14,3) | 9.66 | OVERSOLD | The low Stochastics value suggests CGNX may be oversold. |
| Average True Range in percent/ATR (20) | 5.75 | HIGH VOLATILITY | The high ATR as a percentage value for CGNX suggests high volalility. |
| Average Directional Index/ADX (14) | 24.21 | NEUTRAL | The ADX value for CGNX suggests a possible start of a new trend. |
40
-1.7 (-4.08%)
COGNEX CORP / CGNX FAQ
What is the technical rating for CGNX stock?
ChartMill assigns a technical rating of 1 / 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 34.0101. 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 -0.855872, indicating a bearish trend.
What is the buy/sell signal for CGNX stock?
The buy/sell signal for COGNEX CORP (CGNX) is hold as the short term and long term trends are mixed.