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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.

NASDAQ_CODX
Open High Low CODX Price Change
6.5600 6.8800 6.4841 6.8700 +0.3100
Entry Signal

MarketClub’s Trade Triangles for CODX

long term down The long-term trend has been DOWN since Dec 15th, 2021 at 8.0000

intermediate term down The intermediate-term trend has been DOWN since Jan 18th, 2022 at 8.6019

short term down 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).

-90
Smart Scan Analysis for CODX
Strong Downtrend Sideways 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 High6.66Year High Date2018-06-05
Year Low1.45Year Low Date2018-02-27
52wk High20.685252wk High Date2021-02-09
52wk Low6.552wk Low Date2022-01-24
Average Volume766,325Shares Outstanding28,895
Market Cap18MAssets105,358,608M
Liabilities5,200,255MP/E Ratio4.6197
Volatility71.57
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