Why is CGNT Down Today?

CGNT
$8.37
▼ -2.90% ($-0.24)
Last updated: Nov 10, 2026 8:30 PM ET (643 min ago)

About Cognyte Software Ltd. Ordinary Shares

Cognyte Software Ltd provides security analytics software that empowers governments and enterprises with Actionable Intelligence. Its interface software is designed to help customers accelerate and improve the effectiveness of investigations and decision-making.

Sector: Services-Prepackaged Software
Market Cap: $598.35M
Forward P/E: 60.0
52-Week Range: $6.29 - $12.31
Employees: 1,600

Overall Confidence: 65%

65% Confident

Based on news, social sentiment, options activity, and sector analysis

SECTOR 65% Confidence
🎯 Services-Prepackaged Software sector moving together
This appears to be a sector-wide move. The Services-Prepackaged Software sector is down 4.3% on average.

✅ Move Confirmation

LOW VOLUME 0.2x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

Services-Prepackaged Software sector: -4.3%

This appears to be a sector-wide move. Most Services-Prepackaged Software stocks are moving in the same direction.

Market Comparison

CGNT is significantly underperforming the market (-2.5% vs SPY)
S&P 500
SPY
-0.37%
Nasdaq 100
QQQ
-0.68%
CGNT
This Stock
-2.90%
vs S&P 500: -2.53%
vs Nasdaq: -2.22%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, CGNT is expected to trade between:
$8.12 - $8.54

Key Level to Watch

$7.95 support
Watch for breakdown below $8.37

🔔 Get CGNT Alerts

We'll notify you when CGNT's trend changes or a new signal fires.

Last updated: Nov 10, 2026 8:30 PM (643 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.06
Put/Call Ratio
115.1%
Implied Volatility
Call Volume: 23,771
Put Volume: 1,490
Total: 25,261
Unusual Activity: $12.5 CALL (3,505 vol) $12.5 CALL (3,504 vol) $12.5 CALL (3,500 vol)

Historical Context

CGNT has moved more than 3.0% down on 31 occasions in the past year.

45.2%
Continuation Rate
14/31 times continued down
-0.53%
Avg Next Day Change
After similar down moves
Last similar move: Nov 05, 2026 (-8.5%) → Next day: 0%

Frequently Asked Questions

Why is CGNT stock down today?

This appears to be a sector-wide move. The Services-Prepackaged Software sector is down 4.3% on average.

Is CGNT stock a buy or sell right now?

Based on current analysis, CGNT shows 65% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the CGNT stock price target?

CGNT is currently trading at $8.37. Based on today's momentum, the expected short-term range is $8.12 - $8.54. See long-term price prediction →

Will CGNT stock continue falling?

Our analysis shows a 45% probability that CGNT's move continues in the next 1-3 days. Key level to watch: $7.95 (support).

Is CGNT stock oversold or overbought?

CGNT's RSI (Relative Strength Index) is currently at 42.8. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for CGNT stock?

CGNT's 10-day momentum indicator is at -1.73. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is CGNT outperforming or underperforming the market?

CGNT (-2.90%) is currently significantly underperforming the market (-2.5% vs SPY). Today, the S&P 500 (SPY) is down -0.37%, and Nasdaq (QQQ) is down -0.68%.

What does MACD indicate for CGNT?

CGNT's MACD (-0.09) is currently below the signal line (0.06), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 20.2) is moderate.

Is CGNT in an uptrend or downtrend?

Based on moving average analysis, CGNT is in a mixed/transitional trend. The price and moving averages are not clearly aligned, suggesting a potential trend change or consolidation phase. 20-day SMA: $9.07, 50-day SMA: $8.75.

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