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Stock Trend Analysis Report

Prepared for you on Sunday, August 14, 2022.

Codiak BioSciences, Inc. (NASDAQ:CDAK)

Countertrend Down (-85) - CDAK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

Open High Low CDAK Price Change
2.29 2.50 2.29 2.39 +0.10
Entry Signal

MarketClub’s Trade Triangles for CDAK

long term down The long-term trend has been DOWN since Oct 5th, 2021 at 15.2500

intermediate term down The intermediate-term trend has been DOWN since Jul 26th, 2022 at 2.5400

short term up The short-term trend has been UP since Aug 12th, 2022 at 2.4938

Smart Scan Analysis for CDAK

Based on our trend formula, CDAK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for CDAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.29 2.50 2.29 2.39 +0.10
Prev. Close Volume Bid Ask Time
2.39 135374 2022-08-12 15:59:50
52wk High21.147152wk High Date2021-08-12
52wk Low2.2152wk Low Date2022-06-07
Average Volume94,030Shares Outstanding22,662
P/E Ratio0.4865
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