Technical Analysis for CODX - Co-Diagnostics, Inc.

Grade Last Price % Change Price Change
B 1.26 0.80% 0.01
CODX closed up 0.8 percent on Monday, July 1, 2024, on 61 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It was able to find support at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Stochastic Reached Oversold Weakness 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
NR7 Range Contraction 0.80%
Inside Day Range Contraction 0.80%
Wide Bands Range Expansion 0.80%
Down 3 Days in a Row Weakness 0.80%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 6 hours ago
1.5x Volume Pace about 10 hours ago
50 DMA Resistance about 10 hours ago
Fell Below 50 DMA about 10 hours ago
50 DMA Support about 10 hours ago

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Profile

Co-Diagnostics, Inc. Description

Co-Diagnostics, Inc. is a molecular diagnostics company. The Company is engaged in developing, manufacturing and marketing diagnostics technology. Its reagents are used for diagnostic tests that function via the detection and/or analysis of nucleic acid molecules, such as deoxyribonucleic acid and ribonucleic acid. It also sells diagnostic equipment from other manufacturers as self-contained lab systems (MDx device). The Company uses its proprietary test design system and proprietary reagents to design and sell polymerase chain reaction diagnostic tests for diseases and pathogens starting with tests for tuberculosis, a drug resistant tuberculosis test, hepatitis B and C, Malaria, dengue, human immunodeficiency virus and Zika virus, all of which tests have been designed and validated in its laboratory. Its diagnostics systems enable molecular testing for organisms and genetic diseases by automating historically complex procedures in both the development and administration of tests.


Classification

Sector: Healthcare
Industry: Diagnostics & Research
Keywords: Medicine Biotechnology Clinical Medicine Disease Acid Medical Test Hepatitis B Diagnostic Tests Molecular Diagnostics Genetic Diseases Immunodeficiency Malaria Organisms Diagnostic Equipment Polymerase Chain Reaction Tuberculosis Ortho Clinical Diagnostics Dengue Zika Dengue Fever

Is CODX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 1.88
52 Week Low 0.9811
Average Volume 139,034
200-Day Moving Average 1.19
50-Day Moving Average 1.22
20-Day Moving Average 1.36
10-Day Moving Average 1.37
Average True Range 0.15
RSI (14) 47.37
ADX 28.17
+DI 16.50
-DI 16.38
Chandelier Exit (Long, 3 ATRs) 1.29
Chandelier Exit (Short, 3 ATRs) 1.44
Upper Bollinger Bands 1.70
Lower Bollinger Band 1.02
Percent B (%b) 0.35
BandWidth 50.31
MACD Line 0.03
MACD Signal Line 0.06
MACD Histogram -0.031
Fundamentals Value
Market Cap 38.53 Million
Num Shares 30.6 Million
EPS -1.39
Price-to-Earnings (P/E) Ratio -0.91
Price-to-Sales 8.14
Price-to-Book 0.37
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.38
Resistance 3 (R3) 1.37 1.33 1.36
Resistance 2 (R2) 1.33 1.30 1.33 1.35
Resistance 1 (R1) 1.29 1.28 1.31 1.30 1.35
Pivot Point 1.25 1.25 1.26 1.25 1.25
Support 1 (S1) 1.21 1.22 1.23 1.22 1.17
Support 2 (S2) 1.17 1.20 1.17 1.17
Support 3 (S3) 1.13 1.17 1.16
Support 4 (S4) 1.14