Decline depth
-30.0%
From rolling 252-day high of $12.31, 80d ago.
Past the 30% Amber threshold.
-30.0%
from rolling 252-day high of $12.31 set 2026-06-01 · 80d ago
Current
$8.62
Decline depth
-30.0%
Decline σ
4.6σ
TFC
4/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since tracking began
$CGNT has been tracked since 2026-03-01. It was down 35.6% from its 52-week high then — now down -30.0%.
It has clawed back 9.4 percentage points off that level. It bottomed 35.6% below that high along the way.
Decline from the 52-week high as it stood on 2026-03-02 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
CGNT qualifies for the Amber List on decline depth.
Time-frame continuity
4/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Past the 4/5 Amber threshold.
Decline sigma
4.6σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (2.1% per day).
Past the ≥4σ Watch threshold.
The structural read
What price action says about CGNT.
CGNT qualifies for the Amber List on decline depth — down -30.0% from its rolling 252-day high. Depth plus recency: this is the pattern many investors call a falling knife.
Cross-confirmation: also showing 4/5 bearish time frames.
Cross-confirmation: decline sigma also reads 4.6σ over 20 bars.
Upstream TFC read: bearish alignment, current phase daily. Last bar types — daily 2D (red), weekly 2D (red), monthly 2U (red).
Earnings on file: 2026-06-03. Tiering is unaffected by earnings dates — listings reflect price structure only.
Questions about CGNT
What people ask.
Why is CGNT on Broken Stocks?
CGNT qualifies for the Amber List on decline depth. It is down -30.0% from its rolling 252-day high of $12.31, set on 2026-06-01 — 80d ago.
Is CGNT a falling knife?
By the most common technical definition — a steep, recent breakdown from a fresh high — yes. CGNT is down -30.0% from its 52-week high of $12.31, set 80d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — historically most attempts to bottom-pick continue lower before reversing. Broken Stocks flags the pattern; it does not recommend buying or selling.
Is CGNT a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is CGNT trading inside its 52-week range?
At $8.62, CGNT sits 38.7% of the way from its 52-week low ($6.29) to its 52-week high ($12.31). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has CGNT been declining?
The current 30.0% decline accrued over 80d, which annualizes to roughly -136.9% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does CGNT compare to its sector?
There are 239 other Technology tickers on Broken Stocks: 148 Red, 49 Amber, 42 Watch, with 65 showing recovering structural signals. Median sector decline is -36.8% — CGNT's decline is shallower than the sector median.
Does CGNT's earnings date affect its tier?
No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-06-03) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.