Trading Signals: CODX Stock Price Prediction and Forecast (Wed. Jul. 12, 2017 - Fri. May. 13, 2022)(Co-Diagnostics, Inc.)
| CODX latest price $11.7400 (-1.14%) ($11.1300 - $11.9000) on Mon. Nov. 30, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 8.56% (three month average) | RSI | 54 | Latest Price | $11.7400(-1.14%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | CODX advances 1.2% a day on average for past five trading days. | Weekly Trend | CODX declines -7.8% a week on average for past two weeks. | Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support CODX advance at 0% a week (0% probability) ARKK(49%) IPO(47%) SKYY(46%) XBI(46%) ARKG(45%) | Factors Impacting CODX price | CODX will decline at least -4.28% in a week (0% probabilities). UUP(-20%) VIXM(-19%) VXX(-15%) USO(-6%) XLU(-5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -4.28% (StdDev 8.56%) | Hourly BBV | 0.4 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $-10.26(-187.39%) | Inflection Point | Yes | Resistance Level | $12.59 | 5 Day Moving Average | $11.36(3.35%) | 10 Day Moving Average | $11.56(1.56%) | 20 Day Moving Average | $12.59(-6.75%) | To recent high | -22.7% | To recent low | 42.6% | Market Cap | $329m | | | | Co-Diagnostics, Inc. engages in the development, manufacture, and marketing of diagnostics technology. It offers design services, vector control, equipment, diagnostic, and research solutions. The company was founded by Brent C. Satterfield and Dwight H. Egan on April 18, 2013 and is headquartered in Salt Lake City, UT. |