Technical Analysis for CODX - Co-Diagnostics, Inc.

Grade Last Price % Change Price Change
grade A 8.2 -3.64% -0.31
CODX closed down 3.64 percent on Friday, April 3, 2020, on 15 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down
Historical CODX trend table...

Date Alert Name Type % Chg
MACD Bearish Centerline Cross Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Strong but Oversold Other 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Strong, Oversold and Reversal Signs Reversal 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish -3.64%
Strong but Oversold Other -3.64%

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

Profile

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.
Medicine Biotechnology Biology Diseases Nature Coronavirus Diagnostic Tests Medical Tests Molecular Diagnostics Hepatitis B Genetic Diseases Ortho Clinical Diagnostics Tuberculosis Malaria Polymerase Chain Reaction Hoffmann La Roche Diagnostic Equipment

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 21.75
52 Week Low 0.694
Average Volume 13,704,066
200-Day Moving Average 2.61
50-Day Moving Average 7.31
20-Day Moving Average 9.41
10-Day Moving Average 8.51
Average True Range 2.00
ADX 22.38
+DI 27.61
-DI 25.52
Chandelier Exit (Long, 3 ATRs ) 10.10
Chandelier Exit (Short, 3 ATRs ) 11.57
Upper Bollinger Band 12.40
Lower Bollinger Band 6.41
Percent B (%b) 0.3
BandWidth 63.68
MACD Line -0.03
MACD Signal Line 0.41
MACD Histogram -0.4397
Fundamentals Value
Market Cap 97.73 Million
Num Shares 11.9 Million
EPS -0.26
Price-to-Earnings (P/E) Ratio -31.54
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.79
Resistance 3 (R3) 8.80 8.63 8.69
Resistance 2 (R2) 8.63 8.48 8.62 8.65
Resistance 1 (R1) 8.41 8.39 8.52 8.40 8.62
Pivot Point 8.24 8.24 8.29 8.23 8.24
Support 1 (S1) 8.02 8.09 8.13 8.01 7.78
Support 2 (S2) 7.85 8.00 7.84 7.75
Support 3 (S3) 7.63 7.85 7.71
Support 4 (S4) 7.62