Country Icon

Cognex Corporation (CGNX) - Buy, Sell or Hold?

Sector: Capital Goods   Sub-Sector: Industrial Machinery/Components
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Thu, 15 Jun 2017NoneBearish EngulfingTue, 30 May 2017-3.44%
***Stock database and scans are updated around midnight (New York time) every trading day.
90.61 0.00 (0%) Jun 22 4:00pm EDT
Open: 91.99 Range: 89.90 - 92.19 Vol: 505.25K Avg Vol: 767.33K
EPS: 2.06 P/E ratio: 44.38 EBITDA: 197.09M Mkt Cap: 7.90B
Analyze "CGNX" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 91.29
Medium Term: Trading is Range Bound
Last Trade is below the 20 day moving average at 92.11
Last Trade is above the 50 day moving average at 87.90
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 68.65
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of CGNX

Stock Trend Analysis - Buy, Sell or Hold "Cognex Corporation" (CGNX)?

CGNX is in a very strong uptrend. In the last 52 weeks, CGNX has been trading above the 200 day moving average for 100% of the time with an average daily volume of 767.3K shares being traded. In the medium term, the 50 day moving average, currently at 87.90 for CGNX is also very bullish, indicating good swing trading opportunities for longs. This bullish stance is further reinforced by CGNX's ability to stay over the 20 day moving average for more than 80% of the time in the last 2 months of trading. There is however a possibility of profit taking setting in and it may be prudent to lighten up on strength and re-enter during a retracement. Good places to re-enter CGNX are at the 50 and 200 SMAs currently at 87.90 and 68.65 respectively. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "CGNX".

The analyst consensus estimates for the 1 year price target for this stock is $89.40* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Thu, 15 Jun 2017
Capital Goods Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
TTCToro Company (The)Buy, Sell or HoldTrading Levels & Pivots
DCIDonaldson Company, Inc.Buy, Sell or HoldTrading Levels & Pivots
OFLXOmega Flex, Inc.Buy, Sell or HoldTrading Levels & Pivots
TOLToll Brothers Inc.Buy, Sell or HoldTrading Levels & Pivots
CNHCNH Global N.V.Buy, Sell or HoldTrading Levels & Pivots
ELTElster Group SEBuy, Sell or HoldTrading Levels & Pivots
KALUKaiser Aluminum CorporationBuy, Sell or HoldTrading Levels & Pivots
ZXChina Zenix Auto International LimitedBuy, Sell or HoldTrading Levels & Pivots
LIILennox International, Inc.Buy, Sell or HoldTrading Levels & Pivots
GIFIGulf Island Fabrication, Inc.Buy, Sell or HoldTrading Levels & Pivots