Trading Signals: CODX Stock Price Prediction and Forecast

^ CODX: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Jul. 8, 2020

Trading Signals: CODX Stock Price Prediction and Forecast (Wed. Jul. 12, 2017 - Fri. May. 13, 2022)

(Co-Diagnostics, Inc.)
CODX latest price $18.9600 (5.3%) ($17.9100 - $19.2000) on Wed. Jul. 8, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   9.62% (three month average)
RSI   64
Latest Price   $18.9600(5.3%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CODX declines -0.4% a day on average for past five trading days.
Weekly Trend   CODX advances 4.6% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support CODX advance at 0% a week (0% probability)
ARKG(35%)    ARKK(35%)    IPO(34%)    IBUY(33%)    XBI(33%)
Factors Impacting CODX price   CODX will decline at least -4.81% in a week (0% probabilities).
UUP(-13%)    VIXM(-12%)    VXX(-10%)    USO(-9%)    DRIV(-8%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -4.81% (StdDev 9.62%)
Hourly BBV 1.7 ()
Intraday Trend 0%

Inflection Point   Yes
5 Day Moving Average   $18.69(1.44%)
10 Day Moving Average   $18.48(2.6%)
20 Day Moving Average   $17.59(7.79%)
To recent high   -18.9%
To recent low   117.9%
Market Cap   $531m

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.

$. CODX price fluctuates within 7.05% (three month std-dev: 9.62%) daily (68% of days).

Sample size 41 Average positive next day return: 2.99%(51%) Average negative next day return: -2.26%(49%) Sample size 41 Average positive next three day return: 4.26%(49%) Average negative next three day return: -2.79%(51%) Sample size 41 Average positive next weekly return: 3.54%(56%) Average negative next weekly return: -3.39%(44%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200808

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jul_8_2020	14.24	17.59	18.48	18.69	18.63	18.43	18.96(5.3%)	UT	OpenLong	75	0.2	7	-80	-0	29	2.21	100%	0.35	50.4	9.62%	1.7	1.1	64	0.9
2	Jul_7_2020	14.19	17.44	18.44	18.76	18.77	18.24	18.01(-0.69%)	UD	OpenLong	65	-0.6	8	-200	-2	37	1.96	100%	0.28	47.8	9.64%	-0.7	0.5	60	0.7
3	Jul_6_2020	14.15	17.34	18.33	18.63	18.97	18.82	18.13(-3.97%)	UD	OpenLong	65	-0.4	8	-0	-1	33	2.32	100%	0.35	36.2	9.78%	-1.4	0.6	55	1.1
4	Jul_2_2020	14.1	17.23	18.25	18.61	18.74	19.29	18.88(-2.93%)	UD	OpenLong	75	0.2	12	230	3	39	3.83	100%	0.36	29.1	10.17%	-0.5	1.3	67	0.8
5	Jul_1_2020	14.05	17.13	17.96	18.47	18.44	19.13	19.45(0.54%)	UT	OpenLong	75	0.8	16	260	8	41	2.8	100%	0.43	25.3	10.27%	1.3	1.9	70	0.6

6	Jun_30_2020	13.99	16.98	17.66	18.25	18.23	18.19	19.35(11.43%)	UT	OpenLong	75	1	13	-20	4	38	5.18	100%	0.43	19.4	10.26%	2	2.2	66	0.3
7	Jun_29_2020	13.93	16.88	17.66	18.11	18.12	17.74	17.36(-3.53%)	UD	OpenLong	65	-0.8	8	-150	-2	36	1.79	100%	0.29	15.6	10.29%	-1.2	0.5	59	-0.2
8	Jun_26_2020	13.89	16.89	17.38	17.97	18.28	18.27	18(-1.18%)	UD	OpenLong	75	0	12	50	2	41	6.12	100%	0.36	8	10.29%	-1.5	1.1	63	-0.9
9	Jun_25_2020	13.84	16.88	17.15	17.81	17.94	18.5	18.21(-0.76%)	UD	OpenLong	75	0.4	15	240	7	39	3.7	100%	0.36	2.8	10.29%	0	1.4	63	-0.3
10	Jun_24_2020	13.79	16.83	16.87	17.35	17.56	18.29	18.35(-1.61%)	UD	OpenLong	75	1.1	14	330	10	27	6.75	100%	0.44	-16.1	10.33%	0.5	1.7	57	-0.7

11	Jun_23_2020	13.73	16.78	16.62	16.98	16.95	17.38	18.65(12.15%)	UT	OpenLong	75	1.9	10	170	8	16	5.73	100%	0.44	-34.2	10.5%	0.6	2.1	58	-0
12	Jun_22_2020	13.67	16.73	16.34	16.57	16.56	16.84	16.63(-3.31%)	UD	OpenLong	75	0.1	0	120	-0	1	1.76	100%	0.29	-47.6	10.5%	0.3	-0.1	45	-0.2
13	Jun_19_2020	13.63	16.82	16.26	16.72	16.56	16.52	17.2(8.11%)	RB	SmallLong	20	0.5	4	-40	5	-1	3.2	100%	0.29	-31.6	10.49%	1.7	0.4	45	-0.8
14	Jun_18_2020	13.59	16.85	16.13	16.39	16.53	16.28	15.91(-3.52%)	DT	OpenShort	-75	-0.5	-4	-80	0	-16	1.96	100%	0.22	-58.8	10.46%	0.1	-1	36	-0.7
15	Jun_17_2020	13.56	16.98	16.22	16.29	16.41	16.53	16.49(-0.72%)	DP	OpenShort	-65	0.2	-4	70	1	-19	1.3	100%	0.3	-80.2	10.44%	0.1	-0.5	43	-0.9

16	Jun_16_2020	13.52	17.09	16.25	16.17	16.15	16.78	16.61(-4.54%)	DP	OpenShort	-65	0.4	-3	270	4	-22	2.43	100%	0.3	-72.1	10.63%	0.4	-0.5	43	-1
17	Jun_15_2020	13.48	17.13	16.33	16.08	16.01	16.28	17.4(11.97%)	N/A	N/A	0	1.3	0	100	8	-24	3.93	100%	0.37	-74.9	10.67%	0.6	0.3	44	-1.3
18	Jun_12_2020	13.43	17.11	16.35	15.76	16.01	15.51	15.54(0.94%)	DP	OpenShort	-75	-0.2	-10	-120	-2	-35	1.06	100%	0.22	-77.1	10.8%	0.2	-1.5	20	-1.4
19	Jun_11_2020	13.4	17.42	16.58	15.85	15.79	15.74	15.4(-3.33%)	DT	OpenShort	-75	-0.3	-13	-30	-5	-35	1.91	100%	0.15	-33	10.9%	-1.9	-1.4	27	-2.6
20	Jun_10_2020	13.38	17.8	16.79	16.15	15.89	16.08	15.93(-1.27%)	DT	OpenShort	-75	-0.1	-6	40	-1	-22	1.8	85%	0.3	-0.1	15.63%	0.2	-1	26	0.9

21	Jun_9_2020	13.34	17.87	16.96	16.34	16.05	15.84	16.13(2.09%)	DP	OpenShort	-75	-0.1	-7	-140	-2	-22	1.55	85%	0.3	10.8	16.13%	1.1	-1	26	1
22	Jun_8_2020	13.3	17.93	17.15	16.61	16.26	15.71	15.8(-1.19%)	DT	OpenShort	-75	-0.5	-10	-300	-6	-20	2.77	85%	0.23	21.4	16.44%	0.1	-1.2	41	1.6
23	Jun_5_2020	13.27	17.94	17.43	17.04	16.79	16.26	15.99(-5.27%)	DT	OpenShort	-75	-0.6	-7	-260	-5	-12	2.4	85%	0.3	33.8	16.49%	-1	-1.1	45	2
24	Jun_4_2020	13.23	17.91	17.65	17.42	17.29	16.81	16.88(0.03%)	DP	OpenShort	-75	-0.3	-6	-220	-3	-14	2.49	85%	0.38	47.2	16.61%	-0.5	-0.5	28	1.6
25	Jun_3_2020	13.18	17.8	17.82	17.53	17.56	17.32	16.88(-3.68%)	DT	OpenShort	-75	-0.3	-8	-90	-3	-21	2.23	85%		51.1	16.76%	-1.9	-0.5	26	1.7
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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