Technical Analysis for CODX - Co-Diagnostics, Inc.

Grade Last Price % Change Price Change
D 1.11 -2.63% -0.03
CODX closed down 2.63 percent on Friday, April 26, 2024, on 39 percent of normal volume. It ran into resistance at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: May 9
*** please verify all earnings dates ***
3 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
50 DMA Resistance Bearish 0.00%
Stochastic Reached Oversold Weakness 0.00%
Outside Day Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
20 DMA Resistance Bearish -2.63%
50 DMA Resistance Bearish -2.63%
20 DMA Resistance Bearish -2.63%
50 DMA Resistance Bearish -2.63%
MACD Bearish Centerline Cross Bearish -2.63%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 12 hours ago
50 DMA Resistance about 12 hours ago
60 Minute Opening Range Breakout about 14 hours ago
Rose Above Previous Day's High about 14 hours ago
Up 3% about 14 hours ago

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Profile

Co-Diagnostics, Inc. Description

Co-Diagnostics, Inc. is a molecular diagnostics company. The Company is engaged in developing, manufacturing and marketing diagnostics technology. Its reagents are used for diagnostic tests that function via the detection and/or analysis of nucleic acid molecules, such as deoxyribonucleic acid and ribonucleic acid. It also sells diagnostic equipment from other manufacturers as self-contained lab systems (MDx device). The Company uses its proprietary test design system and proprietary reagents to design and sell polymerase chain reaction diagnostic tests for diseases and pathogens starting with tests for tuberculosis, a drug resistant tuberculosis test, hepatitis B and C, Malaria, dengue, human immunodeficiency virus and Zika virus, all of which tests have been designed and validated in its laboratory. Its diagnostics systems enable molecular testing for organisms and genetic diseases by automating historically complex procedures in both the development and administration of tests.


Classification

Sector: Healthcare
Industry: Diagnostics & Research
Keywords: Medicine Biotechnology Clinical Medicine Disease Acid Hepatitis B Medical Test Diagnostic Tests Molecular Diagnostics Genetic Diseases Immunodeficiency Malaria Organisms Diagnostic Equipment Polymerase Chain Reaction Tuberculosis Ortho Clinical Diagnostics Dengue Zika Dengue Fever

Is CODX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 1.88
52 Week Low 0.975
Average Volume 58,628
200-Day Moving Average 1.21
50-Day Moving Average 1.15
20-Day Moving Average 1.17
10-Day Moving Average 1.15
Average True Range 0.06
RSI (14) 41.52
ADX 14.43
+DI 12.57
-DI 19.48
Chandelier Exit (Long, 3 ATRs) 1.11
Chandelier Exit (Short, 3 ATRs) 1.25
Upper Bollinger Bands 1.26
Lower Bollinger Band 1.07
Percent B (%b) 0.2
BandWidth 15.86
MACD Line -0.01
MACD Signal Line 0.00
MACD Histogram -0.0076
Fundamentals Value
Market Cap 33.94 Million
Num Shares 30.6 Million
EPS -1.39
Price-to-Earnings (P/E) Ratio -0.80
Price-to-Sales 8.14
Price-to-Book 0.37
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.21
Resistance 3 (R3) 1.23 1.20 1.20
Resistance 2 (R2) 1.20 1.18 1.20 1.19
Resistance 1 (R1) 1.16 1.16 1.14 1.14 1.19
Pivot Point 1.13 1.13 1.13 1.13 1.13
Support 1 (S1) 1.09 1.11 1.08 1.08 1.03
Support 2 (S2) 1.06 1.09 1.06 1.03
Support 3 (S3) 1.02 1.06 1.02
Support 4 (S4) 1.01