Cognex Stock Momentum Indicators Average Directional Movement Index Rating

CGNX Stock  USD 41.53  0.86  2.11%   
Cognex momentum indicators tool provides the execution environment for running the Average Directional Movement Index Rating indicator and other technical functions against Cognex. Cognex value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index Rating indicator function is designed to identify and follow existing trends. Momentum indicators of Cognex are pattern recognition functions that provide distinct formation on Cognex potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was thirty-four with a total number of output elements of twenty-seven. The Average Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of Cognex is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret Cognex ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.

Cognex Technical Analysis Modules

Most technical analysis of Cognex help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Cognex from various momentum indicators to cycle indicators. When you analyze Cognex charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Cognex Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cognex. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cognex based on widely used predictive technical indicators. In general, we focus on analyzing Cognex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cognex's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Cognex's intrinsic value. In addition to deriving basic predictive indicators for Cognex, we also check how macroeconomic factors affect Cognex price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0031530.0056210.0068260.0133
Price To Sales Ratio13.238.128.586.07
Hype
Prediction
LowEstimatedHigh
39.5941.5343.47
Details
Intrinsic
Valuation
LowRealHigh
37.3846.9148.85
Details
Naive
Forecast
LowNextHigh
37.4439.3841.32
Details
20 Analysts
Consensus
LowTargetHigh
48.1052.8658.67
Details

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Additional Tools for Cognex Stock Analysis

When running Cognex's price analysis, check to measure Cognex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cognex is operating at the current time. Most of Cognex's value examination focuses on studying past and present price action to predict the probability of Cognex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognex's price. Additionally, you may evaluate how the addition of Cognex to your portfolios can decrease your overall portfolio volatility.