CO-DIAGNOSTICS INC (CODX) Technical Analysis
NASDAQ:CODX • US1897632048
Current stock price
CODX Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CODX. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CODX is a bad performer in the overall market: 100% of all stocks are doing better.
- CODX is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, of which 90% are performing better than CODX.
- CODX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month CODX has a been trading in the 1.35 - 3.95 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.
- CODX has an average volume of 2261090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
CODX Weekly and Daily overview Charts
CODX Setup Rating and Analysis
CODX has a poor technical rating and the quality of the setup is also not perfect 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
CODX Support and Resistance Analysis
CODX Technical Indicator Signal Analysis
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 CODX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CODX is down. |
| ChartMill Relative Strength | 0.55 | NEGATIVE | CODX has a low relative strength, it was outperformed by 99.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CODX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CODX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CODX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.96 | OVERSOLD | The low RSI value suggests CODX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests CODX has a positive trend. |
| Stochastics (14,3) | 2.1 | OVERSOLD | The low Stochastics value suggests CODX may be oversold. |
| Average True Range in percent/ATR (20) | 22.92 | HIGH VOLATILITY | The high ATR as a percentage value for CODX suggests high volalility. |
| Average Directional Index/ADX (14) | 31.97 | POSITIVE | The high ADX value value for CODX suggests a strong trend. |
CODX Chart- and CandleStick Pattern Analysis
CODX Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:CODX (4/10/2026, 8:14:37 PM)
1.37
-0.07 (-4.86%)
CO-DIAGNOSTICS INC / CODX TA FAQ
What is the ChartMill technical rating of CO-DIAGNOSTICS INC (CODX) stock?
ChartMill assigns a technical rating of 0 / 10 to CODX.
What is the current trend direction of CO-DIAGNOSTICS INC (CODX) stock?
The current trend direction for CO-DIAGNOSTICS INC (CODX) is Bearish.
Can you provide the RSI signal for CO-DIAGNOSTICS INC?
CO-DIAGNOSTICS INC (CODX) has an RSI value of 26.9626. This indicates that the stock is currently oversold.
What is the short term momentum for CO-DIAGNOSTICS INC (CODX) stock?
The short term momentum for CO-DIAGNOSTICS INC (CODX) is negative.