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(CCOI) Cogent Communications complete technical analysis [charts+indicators] | Buy/Sell Cogent Communications | (CCOI) share price targets

Complete technical analysis of Cogent Communications (CCOI) by charts plus indicators, forecast predictions and share price targets for Cogent Communications (CCOI)

Cogent Communications trades in USA in Consumer Services sector.

10 day averaged volume of Cogent Communications is 591983

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 59.15 58.14 59.65 57.84 0.858 times
16 Thu May 2024 57.88 58.43 58.47 57.11 0.743 times
15 Wed May 2024 58.69 58.59 59.16 57.38 1.005 times
14 Tue May 2024 58.51 59.68 60.01 57.97 1.37 times
13 Mon May 2024 59.11 59.80 60.36 58.98 1.053 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.9, but if it comes above 59.9, then a intra day buy could be more profitable.
If you take a sell trade below 59.9, then use 59.9 as stoploss and 56.8 as target. However if you take a buy trade in stock , then use 59.9 as stoploss and 62.55 as target.

Share price targets for Cogent Communications (CCOI)

Target Type Value
Downside Target 57.11
Downside Target 58.45
Upside Target 60.36
Upside Target 61.58
Upside Target 62.93
Upside Target 66.46
Upside Target 72.32
Upside Target 72.64
Upside Target 79.50
Upside Target 80.10
Upside Target 86.00

Intraday share price targets for Cogent Communications (CCOI)

Target Type Value
Downside Intraday Target 57.39
Downside Intraday Target 55.62
Upside Intraday Target 60.64
Upside Intraday Target 62.12
Downside Intraday Target 58.87

Weekly technical analysis of Cogent Communications (CCOI)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 59.15 59.80 60.36 57.11 1.011 times
10 Fri May 2024 59.59 63.49 64.62 58.45 1.538 times
03 Fri May 2024 63.07 65.89 66.46 62.93 1.155 times
26 Fri Apr 2024 65.79 63.99 65.95 62.98 0.869 times
19 Fri Apr 2024 63.29 63.00 63.99 61.64 0.82 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Cogent Communications (CCOI)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 59.15 64.51 65.60 57.11 0.788 times
30 Tue Apr 2024 64.18 65.90 66.46 61.64 0.701 times
28 Thu Mar 2024 65.33 80.10 80.10 61.58 2.057 times
29 Thu Feb 2024 80.91 77.15 86.00 72.64 1.169 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Cogent Communications (CCOI)

Indicator Name Indicator Value Indicator Signal
ADX 11, 28, 43 Sell
MACD -3, -3Sell
Stochastics 18Sell
CCI -56Buy
RSI 41Sell
OBV -2154460Sell
VWAP 60Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Cogent Communications ( (CCOI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Cogent Communications ( (CCOI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Cogent Communications ( (CCOI) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Cogent Communications ( (CCOI) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Cogent Communications stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Cogent Communications in short term and the sell signal is strong.

Cogent Communications Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Cogent Communications in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Cogent Communications is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 60.17 and Cogent Communications (CCOI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Cogent Communications (CCOI) stock. Volume based technical analysis of Cogent Communications (CCOI) stock is negative.

Cogent Communications Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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