Why is CDNA Down Today?

CDNA
$80.24
▼ -4.95% ($-3.97)
Last updated: Nov 10, 2026 8:30 PM ET (40 min ago)

About CareDx, Inc.

CareDx Inc operates as a precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers. It offers testing services, products, and digital solutions along with the pre- and p...

Sector: SERVICES-MEDICAL LABORATORIES
Market Cap: $798.40M
Forward P/E: 18.1
52-Week Range: $15.15 - $90.87
Employees: 650

Overall Confidence: 70%

70% Confident

Based on news, social sentiment, options activity, and sector analysis

OPTIONS 75% Confidence
🎯 Unusual PUT buying detected
Options traders are heavily buying puts on CDNA, with 90% of volume in puts. This suggests bearish institutional positioning.
SECTOR 65% Confidence
SERVICES-MEDICAL LABORATORIES sector moving together
This appears to be a sector-wide move. The SERVICES-MEDICAL LABORATORIES sector is down 4.5% on average.

✅ Move Confirmation

LOW VOLUME 0.4x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

SERVICES-MEDICAL LABORATORIES sector: -4.5%

This appears to be a sector-wide move. Most SERVICES-MEDICAL LABORATORIES stocks are moving in the same direction.

Market Comparison

CDNA is significantly underperforming the market (-4.6% vs SPY)
S&P 500
SPY
-0.37%
Nasdaq 100
QQQ
-0.68%
CDNA
This Stock
-4.95%
vs S&P 500: -4.58%
vs Nasdaq: -4.27%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, CDNA is expected to trade between:
$77.83 - $81.84

Key Level to Watch

$76.23 support
Watch for breakdown below $80.24

🔔 Get CDNA Alerts

We'll notify you when CDNA's trend changes or a new signal fires.

Last updated: Nov 10, 2026 8:30 PM (40 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bearish
Options Sentiment
2.11
Put/Call Ratio
87.7%
Implied Volatility
Call Volume: 5,703
Put Volume: 12,015
Total: 17,718
Unusual Activity: $75 CALL (1,026 vol) $85 PUT (1,006 vol)

Historical Context

CDNA has moved more than 3.0% down on 31 occasions in the past year.

45.2%
Continuation Rate
14/31 times continued down
+0.71%
Avg Next Day Change
After similar down moves
Last similar move: Nov 05, 2026 (-11.1%) → Next day: +2.9%

Frequently Asked Questions

Why is CDNA stock down today?

Options traders are heavily buying puts on CDNA, with 90% of volume in puts. This suggests bearish institutional positioning.

Is CDNA stock a buy or sell right now?

Based on current analysis, CDNA shows 70% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the CDNA stock price target?

CDNA is currently trading at $80.24. Based on today's momentum, the expected short-term range is $77.83 - $81.84. See long-term price prediction →

Will CDNA stock continue falling?

Our analysis shows a 45% probability that CDNA's move continues in the next 1-3 days. Key level to watch: $76.23 (support).

Is CDNA stock oversold or overbought?

CDNA's RSI (Relative Strength Index) is currently at 59.2. This shows bullish momentum - the stock has positive momentum but isn't overextended yet.

What is the momentum for CDNA stock?

CDNA's 10-day momentum indicator is at 10.24. Strong bullish momentum - the stock is gaining significant upward force. This often precedes continued gains.

Is CDNA outperforming or underperforming the market?

CDNA (-4.95%) is currently significantly underperforming the market (-4.6% vs SPY). Today, the S&P 500 (SPY) is down -0.37%, and Nasdaq (QQQ) is down -0.68%.

What does MACD indicate for CDNA?

CDNA's MACD (5.41) is currently above the signal line (5.27), indicating a bullish trend. This technical signal suggests buying pressure is dominant. The trend strength (ADX: 47.9) is strong.

Is CDNA in an uptrend or downtrend?

Based on moving average analysis, CDNA is in a bullish trend. The price ($80.24) is trading above both the 20-day SMA ($74.59) and 50-day SMA ($64.53). This alignment typically indicates sustained upward momentum.

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