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Stock Trend Analysis Report
Prepared for you on Saturday, January 29, 2022.
Co-Diagnostics, Inc. (NASDAQ:CODX)
Long-Term Downtrend (-90) - CODX is in a strong downtrend that is likely to continue. While CODX 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 CODX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CODX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CODX
The long-term trend has been DOWN since Dec 15th, 2021 at 8.0000
The intermediate-term trend has been DOWN since Jan 18th, 2022 at 8.6019
The short-term trend has been DOWN since Jan 13th, 2022 at 9.0200
Smart Scan Analysis for CODX
Based on our trend formula, CODX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.5600 | 6.8800 | 6.4841 | 6.8700 | +0.3100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.8700 | 444783 | 2022-01-28 15:59:55 |
| Year High | 6.66 | Year High Date | 2018-06-05 |
| Year Low | 1.45 | Year Low Date | 2018-02-27 |
| 52wk High | 20.6852 | 52wk High Date | 2021-02-09 |
| 52wk Low | 6.5 | 52wk Low Date | 2022-01-24 |
| Average Volume | 766,325 | Shares Outstanding | 28,895 |
| Market Cap | 18M | Assets | 105,358,608M |
| Liabilities | 5,200,255M | P/E Ratio | 4.6197 |
| Volatility | 71.57 |