The volume for Cognex stock increased for four consecutive days, resulting in a record-breaking daily growth of 91% 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: $24.17
Daily change: +$0.68 (+2.89%)
Daily volume: 3.8M
Capitalization: $4.1B
Industry: Electronic Equipment/Instruments

This four-day volume growth resulted in a record-breaking increase of 91%, as compared to the 65-Day Volume Moving Average. CGNX's total volume now sits at 3.8M. The +0.71% price change was insignificant, leaving CGNX's price at $24.17. 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%.