CODEXIS INC (CDXS) Stock Technical Analysis
NASDAQ:CDXS - Nasdaq - US1920051067 - Common Stock - Currency: USD
Taking everything into account, CDXS scores 1 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
82% of all other stocks performed better in the past year than CDXS.
CDXS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CDXS is lagging the market.
CDXS is an average performer in the Life Sciences Tools & Services industry, it outperforms 50% of 55 stocks in the same industry.
In the last month CDXS has a been trading in the 2.17 - 2.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CDXS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
2.08
2.68
3 important support areas can be observed.
- A support zone ranging from 2.31 to 2.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.18 to 2.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.10 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @2.36 from a trend line in the daily time frame.
- A resistance zone ranging from 2.53 to 2.53. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @2.65 from a horizontal 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 | NEUTRAL | NEUTRAL | The short term trend for CDXS is neutral. |
| ChartMill Relative Strength | 18.37 | NEGATIVE | CDXS has a low relative strength, it was outperformed by 81.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CDXS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CDXS is above the rising 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) | 50 | NEUTRAL | The RSI value for CDXS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CDXS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.34 | NEUTRAL | The Stochastics value for CDXS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.78 | HIGH VOLATILITY | The high ATR as a percentage value for CDXS suggests high volalility. |
| Average Directional Index/ADX (14) | 11.48 | 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)
2.35
+0.13 (+5.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg5.86%
1 Week-0.42%
2 Weeks0.86%
1 Month-4.08%
3 Month-7.84%
6 Month-55.49%
12 Month-20.07%
2 Year-16.07%
3 Year-77.53%
5 Year-79.39%
10 Year-39.59%
15 Year-73.17%
Volatility
ATR(14)0.14
ATR(20)%6.78%
ATR Inc-8.09%
Range Today0.19
ADR(20)0.15
ADR(20)%6.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.37
Mansfield-3.29
10 Day High2.51
10 Day Low2.17
20 Day High2.56
20 Day Low2.17
52 Week High6.08
52 Week Low1.9
CS1 End2.34
CR1 Start2.36
Volume & EV
DER(3)-0.33%
DER(5)-3.01%
Volume775.90K
Volume Incr-41.11%
Vol(5)625.32K
Vol(50)782.94K