Stock Trend Analysis Report
Prepared for you on Wednesday, June 7, 2023.
CODIAK BIOSCIENCES INC (NASDAQ:CDAKQ)
Weak Downtrend (-65) - CDAKQ is showing signs of a strengthening downtrend. Monitor CDAKQ as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CDAKQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for CDAKQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CDAKQ
The long-term trend has been DOWN since Apr 19th, 2023 at 0.0170
The intermediate-term trend has been UP since May 23rd, 2023 at 0.0180
The short-term trend has been DOWN since Jun 5th, 2023 at 0.0101
Smart Scan Analysis for CDAKQ
Based on our trend formula, CDAKQ is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4.25||52wk High Date||2022-06-28|
|52wk Low||0.008||52wk Low Date||2023-05-05|
|Average Volume||133,589||Shares Outstanding||36,830|