Stock Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Codiak BioSciences, Inc. (NASDAQ:CDAK)
Strong Downtrend (-100) - CDAK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CDAK?
MarketClub looks at technical strength and momentum to determine if the timing is right for CDAK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CDAK
The long-term trend has been DOWN since Oct 5th, 2021 at 15.25
The intermediate-term trend has been DOWN since Sep 29th, 2021 at 16.22
The short-term trend has been DOWN since Sep 22nd, 2021 at 17.83
Smart Scan Analysis for CDAK
Based on our trend formula, CDAK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||37.85||52wk High Date||2021-01-07|
|52wk Low||7.9||52wk Low Date||2020-11-18|
|Average Volume||58,957||Shares Outstanding||22,331|