CGNXDouble Bottom

61% ConfidenceDetected Aug 4

Signal Snapshot

As of August 4, 2026, CGNX is showing a Double Bottom pattern with 61% confidence on the daily timeframe. SCTR 12.2 (bullish zone), Confirmed Bull trend. EdgeOS buy trigger $66.01 · Target $68.49 · Stop $64.47.

EdgeOS Levels — CGNX

Close
$67.44
Buy Trigger
$66.01
+1 ATR Target
$68.49
Stop
$64.47
SCTR
12.2
Trend
Confirmed Bull
Bull Count
1
Bear Count
0
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Frequently Asked Questions

Is CGNX showing a Double Bottom pattern?

Yes. CGNX is currently showing a Double Bottom pattern with 61% confidence on the daily timeframe (detected 8/4/2026).

What is the confidence level for the CGNX Double Bottom?

The CGNX Double Bottom has a confidence score of 61%. Confidence above 65% is considered high — indicating a clear, textbook-quality pattern. The confidence score measures how closely price action matches the ideal pattern template.

What are the buy trigger and target for CGNX?

CGNX's EdgeOS buy trigger is $66.01, target $68.49 (Saty ATR +1), stop below $64.47.

How often does the Double Bottom succeed?

The Double Bottom has a historical win rate of 61% when traded with proper volume confirmation and stop placement. Average time to target: 18 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.

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Pattern data updated nightly · For informational purposes only · Not investment advice