CO-DIAGNOSTICS INC (CODX)
US1897631057 - Common Stock
Taking everything into account, CODX scores 0 out of 10 in our technical rating. CODX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
82% of all other stocks performed better in the past year than CODX.
CODX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CODX is lagging the market.
CODX is an average performer in the Health Care Equipment & Supplies industry, it outperforms 51% of 195 stocks in the same industry.
In the last month CODX has a been trading in the 1.07 - 1.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CODX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.07, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CODX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.02
1.46
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.06 to 1.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 1.03 to 1.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
7 important resistance areas can be observed.
- Resistance @1.13 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.17 to 1.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.22 from a horizontal line in the weekly time frame.
- Resistance @1.24 from a trend line in the daily time frame.
- Resistance @1.27 from a horizontal line in the daily time frame.
- Resistance @1.30 from a horizontal line in the daily time frame.
- Resistance @1.45 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.53
Mansfield-1.66
10 Day High1.21
10 Day Low1.09
20 Day High1.29
20 Day Low1.07
52 Week High1.89
52 Week Low0.98
Performance
1 Week-3.48%
2 Weeks-7.5%
1 Month-0.89%
3 Month-11.9%
6 Month3.74%
12 Month-19.57%
2 Year-74.77%
3 Year-87.47%
5 Year9.9%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)41.51
LBB1.09
UBB1.26
CO-DIAGNOSTICS INC
NASDAQ:CODX (4/26/2024, 7:00:00 PM)
1.11
-0.03 (-2.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.63%
1 Week-3.48%
2 Weeks-7.5%
1 Month-0.89%
3 Month-11.9%
6 Month3.74%
12 Month-19.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.06
ATR(20)%5.71%
ATR Inc
Range Today0.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.21
10 Day Low1.09
20 Day High1.29
20 Day Low1.07
52 Week High1.89
52 Week Low0.98
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume22.60K
Volume Incr-68.41%
Vol(5)21.46K
Vol(50)58.62K