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Is CGNT preparing to trend higher? 50 Day Moving Average Support shows up after rising 1.66%

Cognyte Software Ltd. (CGNT) — SwingTradeBot Technical Analysis Report · Aug 7, 2026, 17:40 ET
CGNT finished higher by 1.66% on Friday, August 7th, trading 0.3 times its typical volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 9.03, 8.88 & 8.77, with resistance at 9.29, 9.4 & 9.55.

Current SwingTradeBot Technical Rating of CGNT: C

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Cognyte Software Ltd. (CGNT)