Why is CODX Up Today?

CODX
$1.12
▲ +2.12% (+$0.02)
Last updated: Sep 11, 2026 7:37 PM ET (564 min ago)

About Co-Diagnostics, Inc. Common Stock

Co-Diagnostics Inc is a molecular diagnostics company. It develops, licenses, and commercializes molecular technologies such as lab systems (MDx device) and manufacture and sell reagents used for tests that are designed using the detection and/or analysis of nucleic acid molecules (DNA or RNA). CDI'...

Sector: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
Market Cap: $17.00M
Forward P/E: -0.9
52-Week Range: $0.17 - $13.54
Employees: 132

Overall Confidence: 50%

50% Confident

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

MOMENTUM 50% Confidence
🎯 CODX showing strong bullish momentum
CODX is up 2.1% today on 0.8x average volume. The move appears to be driven by general market sentiment and momentum traders.

✅ Move Confirmation

LOW VOLUME 0.8x average volume

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

📍 Sector Context

SURGICAL & MEDICAL INSTRUMENTS & APPARATUS sector: +0.3%

CODX is outperforming its sector by 1.8%. This suggests a stock-specific catalyst.

Market Comparison

CODX is outperforming the market (+1.3% vs SPY)
S&P 500
SPY
+0.85%
Nasdaq 100
QQQ
+0.87%
CODX
This Stock
+2.12%
vs S&P 500: +1.27%
vs Nasdaq: +1.25%

📊 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, CODX is expected to trade between:
$1.10 - $1.16

Key Level to Watch

$1.18 resistance
Watch for continuation above $1.12

🔔 Get CODX Alerts

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

Last updated: Sep 11, 2026 7:37 PM (564 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.0
Put/Call Ratio
71.7%
Implied Volatility
Call Volume: 1,057
Put Volume: 0
Total: 1,057

Historical Context

CODX has moved more than 3.0% up on 54 occasions in the past year.

42.6%
Continuation Rate
23/54 times continued up
+7.08%
Avg Next Day Change
After similar up moves
Last similar move: Aug 21, 2026 (5.2%) → Next day: +0.8%

Frequently Asked Questions

Why is CODX stock up today?

CODX is up 2.1% today on 0.8x average volume. The move appears to be driven by general market sentiment and momentum traders.

Is CODX stock a buy or sell right now?

Based on current analysis, CODX shows 50% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the CODX stock price target?

CODX is currently trading at $1.12. Based on today's momentum, the expected short-term range is $1.10 - $1.16. See long-term price prediction →

Will CODX stock continue rising?

Our analysis shows a 45% probability that CODX's move continues in the next 1-3 days. Key level to watch: $1.18 (resistance).

Is CODX stock oversold or overbought?

CODX's RSI (Relative Strength Index) is currently at 26.2. This indicates oversold conditions - the stock may be due for a bounce as selling pressure appears exhausted.

What is the momentum for CODX stock?

CODX's 10-day momentum indicator is at -0.14. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is CODX outperforming or underperforming the market?

CODX (+2.12%) is currently outperforming the market (+1.3% vs SPY). Today, the S&P 500 (SPY) is up 0.85%, and Nasdaq (QQQ) is up 0.87%.

What does MACD indicate for CODX?

CODX's MACD (-0.18) is currently above the signal line (-0.23), indicating a bullish trend. This technical signal suggests buying pressure is dominant. The trend strength (ADX: 38.7) is strong.

Is CODX in an uptrend or downtrend?

Based on moving average analysis, CODX is in a bearish trend. The price ($1.12) is trading below both the 20-day SMA ($1.2) and 50-day SMA ($1.71). This alignment typically indicates sustained downward pressure.

Check Why Another Stock is Moving

Enter any ticker symbol to see real-time analysis

Popular: AAPL TSLA NVDA MSFT META AMZN GOOGL