CODX NEWS why is Co-diagnostics, Inc. price falling or rising

CODX NEWS reasons for why stock price of Co-diagnostics, Inc. is falling or rising

CODX Co Diagnostics is falling or rising technical reasons

Technical analysis forecast for Co Diagnostics Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Co Diagnostics CODX at this time. Stock is falling and might fall more.

It appears as if Co Diagnostics CODX gave a large move recently.

Stock of Co Diagnostics (CODX) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Co Diagnostics is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Co Diagnostics stays below 0.5, but if it comes above 0.5, then a intra day buy could be more profitable.
If you take a sell trade below 0.5, then use 0.5 as stoploss and 0.4 as target. However if you take a buy trade in Co Diagnostics, then use 0.5 as stoploss and 0.51 as target.

CODX Co Diagnostics is falling or rising NEWS fundamental reasons

More announcements and NEWS

CODX Co-diagnostics, Inc. current price & indicator signals

Moving Averages for Co-diagnostics, Inc.

5Day Average: 0.46
12Day Average: 0.49
20Day Average: 0.5
50Day Average: 0.64
100Day Average: 0.8
150Day Average: 0.97
200Day Average: 1.05

CODX Indicators & signals

Indicator MACD (12,26,9)

0.49, 0.53, -0.06
Indicator MACD is in negative zone

Indicator ADX (14)

7.69, 77.78, 66.67
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CODX Co-diagnostics, Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
24 Mon Mar 2025	0.46	0.44 to 0.47	0%	0.6 times
21 Fri Mar 2025	0.46	0.43 to 0.51	-6.12%	0.81 times
20 Thu Mar 2025	0.49	0.45 to 0.49	4.26%	0.41 times
19 Wed Mar 2025	0.47	0.43 to 0.52	6.82%	2.16 times
18 Tue Mar 2025	0.44	0.44 to 0.47	-2.22%	0.46 times
17 Mon Mar 2025	0.45	0.45 to 0.56	-6.25%	2.56 times
14 Fri Mar 2025	0.48	0.48 to 0.50	0%	0.19 times
13 Thu Mar 2025	0.48	0.45 to 0.53	-4%	1.08 times
12 Wed Mar 2025	0.50	0.46 to 0.52	0%	0.36 times
11 Tue Mar 2025	0.50	0.49 to 0.55	-7.41%	0.87 times
10 Mon Mar 2025	0.54	0.52 to 0.62	-3.57%	1.1 times
07 Fri Mar 2025	0.56	0.50 to 0.68	9.8%	1.79 times