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Is CGNT likely to continue lower? Directional Movement Crossover Bearish shows up after dropping 0.7%

Cognyte Software Ltd. (CGNT) — SwingTradeBot Technical Analysis Report · Sep 15, 2025, 17:34 ET
CGNT closed down 0.7% on Monday, September 15th, with volume running 1.2× above average. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar and Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 8.37, 8.29 & 8.21, with resistance at 8.54, 8.62 & 8.71.

Current SwingTradeBot Technical Rating of CGNT: F

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Cognyte Software Ltd. (CGNT)