CODEXIS INC (CDXS) Stock Technical Analysis
NASDAQ:CDXS - US1920051067 - Common Stock
2.42 USD
+0.01 (+0.41%)
2.46 USD
+0.04 (+1.65%)
Overall CDXS gets a technical rating of 0 out of 10. CDXS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
79% of all other stocks performed better in the past year than CDXS.
CDXS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CDXS has a been trading in the 2.29 - 3.87 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
CDXS has an average volume of 1119880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CDXS is an average performer in the Life Sciences Tools & Services industry, it outperforms 48% of 55 stocks in the same industry.
The technical rating of CDXS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.08
3.06
4 important support areas can be observed.
- A support zone ranging from 2.40 to 2.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.36 from a trend line in the daily time frame.
- Support @2.26 from a trend line in the weekly time frame.
- Support @2.10 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.72 to 2.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.87 from a trend line in the daily time frame.
- Resistance @3.03 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CDXS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CDXS is down. |
| ChartMill Relative Strength | 21.37 | NEGATIVE | CDXS has a low relative strength, it was outperformed by 78.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CDXS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CDXS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CDXS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.01 | NEUTRAL | The RSI value for CDXS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CDXS has a negative trend. |
| Stochastics (14,3) | 6.02 | OVERSOLD | The low Stochastics value suggests CDXS may be oversold. |
| Average True Range in percent/ATR (20) | 8.72 | HIGH VOLATILITY | The high ATR as a percentage value for CDXS suggests high volalility. |
| Average Directional Index/ADX (14) | 16.64 | NEGATIVE | The low ADX value for CDXS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2.42
+0.01 (+0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg0.41%
1 Week-9.36%
2 Weeks-14.18%
1 Month-15.38%
3 Month2.11%
6 Month-14.18%
12 Month-11.68%
2 Year28.04%
3 Year-60.07%
5 Year-79.39%
10 Year-28.61%
15 Year-74.79%
Volatility
ATR(14)0.17
ATR(20)%8.72%
ATR Inc-42.24%
Range Today0.14
ADR(20)0.2
ADR(20)%8.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.37
Mansfield-3.33
10 Day High3.06
10 Day Low2.29
20 Day High3.87
20 Day Low2.29
52 Week High6.08
52 Week Low1.9
CS1 End2.41
CR1 Start2.72
Volume & EV
DER(3)-1.88%
DER(5)-0.96%
Volume1.47M
Volume Incr-15.31%
Vol(5)1.14M
Vol(50)1.12M