Taking everything into account, CDXS scores 0 out of 10 in our technical rating. 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.
CDXS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for CDXS in the last couple of days, which is a good sign.
1.59
We found 1 important support area.
When analyzing the resistance we notice 6 important areas.
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 | 5.4 | NEGATIVE | CDXS has a low relative strength, it was outperformed by 94.6% 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) | 44.56 | NEUTRAL | The RSI value for CDXS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CDXS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.9 | NEUTRAL | The Stochastics value for CDXS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.91 | MEDIUM VOLATILITY | The ATR as a percentage value for CDXS suggests some volalility. |
| Average Directional Index/ADX (14) | 9.24 | NEGATIVE | The low ADX value for CDXS suggests a weak or negative trend. |
1.64
-0.04 (-2.38%)
ChartMill assigns a technical rating of 0 / 10 to CDXS.
The current trend direction for CODEXIS INC (CDXS) is Bearish.
CODEXIS INC (CDXS) has an RSI value of 44.5551. This indicates that the stock is currently neutral.
The MACD indicator for CODEXIS INC (CDXS) has a value of 0.0145061, indicating a bearish trend.
The short term momentum for CODEXIS INC (CDXS) is negative.