Trading Signals: CODX Stock Price Prediction and Forecast

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Fri. Jul. 23, 2021

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

(Co-Diagnostics, Inc.)
CODX latest price $9.1300 (-13.66%) ($9.1300 - $9.1300) on Fri. Jul. 23, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.22% (three month average)
RSI   59
Latest Price   $9.1300(-13.66%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CODX advances 3% a day on average for past five trading days.
Weekly Trend   CODX advances 6.2% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support CODX advance at 0% a week (0% probability)
IPO(54%)    ARKK(53%)    IBUY(52%)    ARKG(51%)    IBB(51%)
Factors Impacting CODX price   CODX will decline at least -2.61% in a week (0% probabilities).
VIXM(-28%)    UUP(-21%)    VXX(-15%)    USO(-8%)    TBT(-6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility

Market Trend Strength   -2.61% (StdDev 5.22%)
Hourly BBV 0.4 ()
Intraday Trend 0%

5 Day Moving Average   $9.02(1.22%)
10 Day Moving Average   $8.46(7.92%)
20 Day Moving Average   $8.41(8.56%)
To recent high   -13.7%
To recent low   26.9%
Market Cap   $256m

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 7.73% (three month std-dev: 5.22%) daily (68% of days).

Sample size 10 Average positive next day return: 3.83%(60%) Average negative next day return: -4.59%(40%) Sample size 10 Average positive next three day return: 4.65%(70%) Average negative next three day return: -8.26%(30%) Sample size 10 Average positive next weekly return: 5.2%(70%) Average negative next weekly return: -18.79%(30%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210823

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_23_2021	9.27	8.41	8.46	9.02	9.13	9.85	9.13(-13.66%)	UD	OpenLong	75	0.2	30	590	14	77	2.17	53%	-0.43	29.5	5.22%	0.4	1.1	59	-0.2
2	Jul_22_2021	9.31	8.38	8.36	8.76	8.99	9.67	10.58(20.72%)	UT	OpenLong	75	2.8	52	610	46	70	13.18	61%	-0.43	22.9	4.92%	2.4	3.4	69	-0
3	Jul_21_2021	9.35	8.26	8.08	8.17	8.31	8.42	8.76(8.55%)	UT	OpenLong	75	1.5	15	140	18	7	0.79	51%	-0.53	-5.3	4.2%	1.7	1.3	57	0.7
4	Jul_20_2021	9.4	8.26	8	8.17	8.03	8.32	8.07(-5.78%)	DP	OpenShort	-65	0.4	-8	290	2	-38	1.37	41%	-0.63	-27.5	4.12%	0.1	-0.4	37	-0.5
5	Jul_19_2021	9.46	8.24	8.01	7.92	7.88	8.21	8.57(9.11%)	DP	OpenShort	-65	1.8	-3	280	12	-48	4.23	44%	-0.63	-36.1	4.14%	2.3	0.9	40	-2.8

6	Jul_16_2021	9.52	8.22	7.97	7.83	7.76	7.74	7.85(3.02%)	DP	OpenShort	-75	0.1	-19	-40	-2	-71	0.31	36%	-0.73	-51.3	3.98%	1.2	-1	38	0.3
7	Jul_15_2021	9.59	8.24	8.02	7.89	7.83	7.56	7.62(1.6%)	DP	OpenShort	-75	-0.7	-26	-260	-9	-75	0.33	36%	-0.93	-57.7	3.96%	-0.1	-1.7	32	1
8	Jul_14_2021	9.68	8.28	8.08	7.97	7.95	7.79	7.5(-7.18%)	DT	OpenShort	-75	-1.4	-27	-150	-12	-72	0.55	36%	-0.82	-63.4	4%	-0	-2.4	35	1.6
9	Jul_13_2021	9.76	8.34	8.22	8.09	8.08	8.09	8.08(-0.31%)	DT	OpenShort	-75	-0	-14	0	-2	-50	0.29	49%	-0.81	-60.9	3.91%	0.2	-0.9	47	1.2
10	Jul_12_2021	9.84	8.38	8.31	8.11	8.09	8.12	8.11(-0.31%)	DT	OpenShort	-75	0	-9	20	-1	-33	0.21	49%	-0.91	-55.6	4.07%	0.3	-0.9	51	1.2

11	Jul_9_2021	9.93	8.42	8.36	8.13	8.11	8.08	8.13(1.37%)	DP	OpenShort	-75	0	-9	-30	-3	-25	0.24	49%	-0.8	-45.9	4.1%	0.3	-0.9	53	1.1
12	Jul_8_2021	10.01	8.45	8.41	8.18	8.14	8.06	8.02(-0.93%)	DT	OpenShort	-75	-0.5	-6	-80	-4	-12	0.33	49%	-0.89	-32.4	4.09%	0.2	-1.4	52	-0.1
13	Jul_7_2021	10.1	8.5	8.46	8.22	8.21	8.15	8.1(-1.22%)	DT	OpenShort	-75	-0.4	-10	-50	-10	-11	0.46	49%	-1.08	-16.2	4.09%	-0.7	-1.3	44	1
14	Jul_6_2021	10.21	8.52	8.49	8.38	8.25	8.21	8.2(-0.43%)	DT	OpenShort	-75	-0.6	-9	-80	-12	-1	0.39	49%	-0.87	5.4	4.09%	-0.7	-1.1	43	0.9
15	Jul_2_2021	10.3	8.55	8.49	8.55	8.43	8.21	8.23(-1.26%)	N/A	N/A	0	-1.1	-2	-170	-5	8	0.3	49%	-0.77	32.4	4.06%	-0.5	-1.1	40	1.5

16	Jul_1_2021	10.38	8.56	8.5	8.62	8.63	8.28	8.34(1.28%)	N/A	N/A	0	-0.9	-5	-280	-8	3	0.52	49%	-0.95	45.1	4.09%	-0.6	-0.7	42	1.7
17	Jun_30_2021	10.48	8.56	8.48	8.69	8.69	8.57	8.23(-7.63%)	DT	OpenShort	-75	-1.5	-7	-100	-8	-2	0.68	58%	-1.04	47.7	4.39%	-2.1	-1	41	1.5
18	Jun_29_2021	10.59	8.55	8.51	8.73	8.8	8.99	8.91(-1.66%)	UD	OpenLong	75	0.6	7	180	9	1	0.37	54%	-0.75	53.5	4.28%	0	1.1	46	1.4
19	Jun_28_2021	10.67	8.51	8.47	8.62	8.69	8.82	9.06(5.72%)	N/A	N/A	0	1.4	8	130	12	-6	0.77	54%	-0.56	44.9	4.56%	1.5	1.7	58	1.7
20	Jun_25_2021	10.73	8.46	8.44	8.45	8.51	8.62	8.57(-1.15%)	DP	OpenShort	-65	0.4	-1	110	5	-20	0.47	41%	-0.74	26.5	5.1%	0.3	0.4	47	2

21	Jun_24_2021	10.81	8.43	8.46	8.36	8.42	8.57	8.67(2.48%)	N/A	N/A	0	1	1	150	8	-20	0.37	37%	-0.55	2.1	5.11%	1.6	0.8	57	1.7
22	Jun_23_2021	10.87	8.4	8.47	8.24	8.28	8.4	8.46(1.44%)	DP	OpenShort	-65	0.7	-5	120	1	-23	0.41	35%	-0.46	-12.6	5.2%	1.1	0.2	60	1.7
23	Jun_22_2021	10.92	8.38	8.52	8.25	8.18	8.27	8.34(1.83%)	DP	OpenShort	-75	0.3	-5	50	-2	-13	0.33	35%	-0.55	-24.1	5.24%	1.5	-0.1	58	1.4
24	Jun_21_2021	10.98	8.37	8.54	8.31	8.21	8.16	8.19(0.74%)	DP	OpenShort	-75	-0.4	-6	-80	-6	-4	0.71	35%	-0.45	-22.4	5.26%	0.9	-0.5	55	0.6
25	Jun_18_2021	11.03	8.38	8.6	8.44	8.33	8.1	8.13(0.74%)	N/A	N/A	0	-0.9	-4	-230	-9	12	1.43	35%		-12.1	5.26%	-0.7	-0.7	54	-0.2
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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