Trading Signals: CODX Stock Price Prediction and Forecast

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

Wed. Apr. 7, 2021

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

(Co-Diagnostics, Inc.)
CODX latest price $9.2200 (-0.86%) ($9.2200 - $9.2200) on Wed. Apr. 7, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   6.51% (three month average)
RSI   26
Latest Price   $9.2200(-0.86%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CODX advances 1.5% a day on average for past five trading days.
Weekly Trend   CODX declines -18% a week on average for past two weeks.
Market Behavior   Normal 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(54%)    IPO(53%)    ARKG(52%)    IBUY(51%)    IBB(50%)
Factors Impacting CODX price   CODX will decline at least -3.255% in a week (0% probabilities).
VIXM(-26%)    UUP(-21%)    VXX(-18%)    USO(-9%)    TBT(-7%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility

Market Trend Strength   -3.255% (StdDev 6.51%)
Hourly BBV -1 ()
Intraday Trend 0%

1 - 5 Day Possible Target   $-20.66(-324.08%)
Inflection Point   Yes
Resistance Level   $11.62
5 Day Moving Average   $9.43(-2.23%)
10 Day Moving Average   $9.79(-5.82%)
20 Day Moving Average   $11.62(-20.65%)
To recent high   -52%
To recent low   8.5%
Market Cap   $258m

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 18.33% (three month std-dev: 6.51%) daily (68% of days).

Sample size 11 Average positive next day return: 4.91%(27%) Average negative next day return: -4.75%(73%) Sample size 11 Average positive next three day return: 5.11%(36%) Average negative next three day return: -9.17%(64%) Sample size 11 Average positive next weekly return: 5.93%(45%) Average negative next weekly return: -14.91%(55%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210507

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	Apr_7_2021	12.35	11.62	9.79	9.43	9.39	9.26	9.22(-0.86%)	DT	HoldShort	-50	-0.1	-39	-110	3	-165	1.12	46%	-0.16	-42.3	6.51%	-1	-1.1	26	1.4
2	Apr_6_2021	12.37	11.84	10.19	9.29	9.49	9.38	9.3(-1.59%)	DP	OpenShort	-65	0	-38	-20	5	-165	0.48	46%	-0.4	-46.3	6.52%	-1	-1.2	28	1.2
3	Apr_5_2021	12.42	12.01	10.68	9.13	9.29	9.51	9.45(-1.25%)	DT	OpenShort	-75	0.2	-43	220	-2	-166	0.89	46%	-0.64	-53.5	6.52%	-0.3	-1.3	27	1.3
4	Apr_1_2021	12.5	12.17	11.11	9.19	9.05	9.6	9.57(-0.62%)	DT	OpenShort	-75	0.2	-51	380	-12	-166	0.86	47%	-0.32	-60.1	6.55%	0.7	-1.4	27	1.3
5	Mar_31_2021	12.54	12.36	11.53	9.69	9.09	9.07	9.63(13.23%)	DP	OpenShort	-75	-0	-48	-200	-15	-145	1.79	47%	-0.24	-60.6	6.6%	1.6	-1.5	33	1.2

6	Mar_30_2021	12.57	12.6	11.93	10.24	9.71	8.5	8.51(0.06%)	DP	OpenShort	-75	-1	-61	-1030	-37	-133	2.34	44%	-0.24	-62.1	6.41%	-0.8	-2.4	30	1.2
7	Mar_29_2021	12.6	12.89	12.46	11.25	10.67	9.11	8.5(-12.64%)	DT	OpenShort	-75	-1.9	-63	-1180	-50	-102	2.85	44%	-0.47	-60.8	6.41%	-1.3	-3	27	1
8	Mar_26_2021	12.66	13.18	13.02	12.44	11.93	10.91	9.73(-19.52%)	DT	OpenShort	-75	-2.6	-39	-720	-37	-45	3.65	45%	-0.39	-64	6.23%	-1.5	-3.3	40	1.4
9	Mar_25_2021	12.71	13.4	13.48	13.28	13.12	12.23	12.09(-2.3%)	N/A	N/A	0	-1.5	-12	-510	-18	8	1.3	50%	-0.16	-74.2	5.75%	-1.1	-1.6	53	1.1
10	Mar_24_2021	12.73	13.56	13.62	13.63	13.58	12.96	12.38(-8.6%)	N/A	N/A	0	-1.3	-7	-330	-17	25	0.84	50%	-0.16	-55	5.79%	-1.9	-1.2	48	1

11	Mar_23_2021	12.75	13.76	13.62	13.87	13.94	14.01	13.54(-6.43%)	UD	OpenLong	65	-0.3	6	50	-2	29	0.7	52%	0.08	-52.1	5.67%	-1.3	-0.2	46	1.1
12	Mar_22_2021	12.74	13.83	13.65	13.86	13.96	14.2	14.47(3.95%)	UT	OpenLong	75	0.6	14	140	8	30	0.79	54%	0.08	-61.3	5.62%	1.2	0.6	53	1.9
13	Mar_19_2021	12.73	13.88	13.45	13.72	13.68	13.88	13.92(0.58%)	UT	OpenLong	75	0.2	4	90	1	11	0.59	54%	0	-59.4	5.58%	-0.1	0	51	1.6
14	Mar_18_2021	12.73	14.02	13.29	13.73	13.64	13.72	13.84(1.76%)	UT	OpenLong	75	0.1	4	20	4	2	0.77	54%	0	-54.5	5.62%	0.5	-0.1	51	1.2
15	Mar_17_2021	12.73	14.11	13.22	13.63	13.68	13.49	13.6(1.04%)	N/A	N/A	0	-0	0	-90	6	-18	0.57	54%	-0.08	-57	5.62%	0	-0.4	40	2.1

16	Mar_16_2021	12.74	14.28	13.28	13.39	13.61	13.57	13.46(-2.18%)	DT	OpenShort	-75	0	-13	30	-2	-46	0.51	54%	0	-59.5	5.62%	-0.9	-0.5	35	1.9
17	Mar_15_2021	12.74	14.5	13.32	13.4	13.37	13.87	13.76(-1.5%)	DP	OpenShort	-65	0.2	-5	260	10	-49	0.71	54%	0.08	-56.8	5.63%	0.5	-0.4	46	2.4
18	Mar_12_2021	12.73	14.65	13.31	13.13	13.3	13.66	13.97(4.68%)	DP	OpenShort	-65	0.5	-4	230	18	-70	1.01	54%	0.16	-55.3	5.62%	1.2	-0.4	43	1.8
19	Mar_11_2021	12.71	14.76	13.28	12.79	12.91	12.88	13.35(7.36%)	DP	OpenShort	-65	0.3	-26	10	2	-110	0.88	54%	0.08	-58.4	5.64%	0.2	-0.8	36	1.5
20	Mar_10_2021	12.7	14.99	13.47	12.76	12.65	12.88	12.43(-7.79%)	DT	OpenShort	-75	-0.2	-39	140	-12	-121	1.66	52%	-0.08	-48.8	5.59%	-1.1	-1.4	38	1.2

21	Mar_9_2021	12.71	15.32	13.86	13.15	12.84	12.95	13.48(8.58%)	DP	OpenShort	-65	0.2	-25	-10	2	-106	0.89	55%	0	-30.7	5.5%	1.7	-0.9	37	1.2
22	Mar_8_2021	12.71	15.5	14.01	13.24	13.07	12.35	12.42(1.02%)	DP	OpenShort	-75	-0.4	-42	-420	-13	-130	0.59	52%	-0.16	-24.4	5.41%	-0.5	-1.6	29	0.4
23	Mar_5_2021	12.73	15.67	14.35	13.53	13.44	12.73	12.29(-6.68%)	DT	OpenShort	-75	-0.7	-47	-390	-20	-129	1.43	52%	-0.16	-16.2	5.41%	-1.1	-1.9	34	0.6
24	Mar_4_2021	12.75	15.85	14.82	13.83	13.83	13.78	13.17(-8.45%)	DT	OpenShort	-75	-0.4	-40	-30	-16	-112	1.49	54%	-0.08	-5.4	5.37%	-1.3	-1.7	41	-0.4
25	Mar_3_2021	12.76	15.94	15.11	14.27	13.98	14.16	14.39(3.27%)	DP	OpenShort	-75	0.1	-35	30	-10	-109	1.13	58%		7	5.25%	1.3	-1	38	0.3
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

Click to see actual return for next trading day.