Stock Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
Codiak BioSciences, Inc. (NASDAQ:CDAK)
Long-Term Downtrend (-90) - CDAK is in a strong downtrend that is likely to continue. While CDAK is showing intraday strength, it remains in the confines of a bearish trend. 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 Mar 30th, 2021 at 13.26
The intermediate-term trend has been DOWN since Jan 29th, 2021 at 24.57
The short-term trend has been DOWN since Apr 13th, 2021 at 13.90
Smart Scan Analysis for CDAK
Based on our trend formula, CDAK is rated as a -90 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||140,946||Shares Outstanding||21,994|