The volume for Cognex stock increased for two consecutive days, resulting in a record-breaking daily growth of 207% of the 65-Day Volume Moving Average

#ElectronicEquipmentInstruments, #Volume, #Bullish, #Stocks, #MidCap
CGNX - Cognex Corp
Record Volume
Bullish Trend
75%
Odds of UP Trend
Price: $24.45
Daily change: +$0.5 (+2.09%)
Daily volume: 6M
Capitalization: $4.1B
Industry: Electronic Equipment/Instruments

This two-day volume growth resulted in a record-breaking increase of 207%, as compared to the 65-Day Volume Moving Average. CGNX's total volume now sits at 6M. The +4.26% price change was insignificant, leaving CGNX's price at $24.45. This volume move could indicate a change in trend, and may be a buy signal for investors. A.I.dvisor found 8 similar cases, 6 of which were successful. Based on this data, the odds of success are +75%.