Is Cognex Corp. technically bullish or bearish?

As of 31 October 2025, the technical trend for Cognex Corp. has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by daily moving averages and a bullish signal from the OBV on a monthly basis. However, the weekly MACD and KST indicate a mildly bearish outlook, suggesting some caution. The Bollinger Bands and Dow Theory both reflect a mildly bullish sentiment on both weekly and monthly time frames.
In terms of performance, Cognex has underperformed against the S&P 500 over the past year, returning 3.19% compared to the S&P 500's 19.89%, and has significantly lagged over longer periods, particularly in the 3-year and 5-year returns.