NASDAQ Equity Snapshot
CODX Weekly Equity Report
Co-Diagnostics, Inc. Common Stock
What the company does
Co-Diagnostics, Inc., a molecular diagnostic company, develops, manufactures, and sells reagents used for diagnostic tests that function by detecting and / or analyzing nucleic acid molecules. The company is headquartered in Salt Lake City, Utah.
What the weekly tape is saying
CODX closed the latest completed week at 4.29 USD. The 4-week return is 233.9% and the 12-week return is 65.6%. Trend Signal is inactive, Market Dynamics is 1.11. Setup signature: Risk-first tape with a 33/100 composite read.
A compressed read of the whole setup
The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.
Scoreboard
16-week signal tape
Price, Trend Line, and Fair Value
Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.
52-week price path
Price map
- Trend Line
- 4.40 USD
- Vs Trend Line
- -2.4%
- Fair Value
- 22.87 USD
- Vs Fair Value
- -81.2%
- 52W High
- 46.50 USD
- 52W Low
- 0.17 USD
- Drawdown
- -90.8%
- Range Position
- 8.9%
Returns and trend persistence
Return windows separate the latest week from short-term and medium-term follow-through.
Return windows
Trend read
- Active Streak
- 0 weeks
- 52W Active Weeks
- 11
- 52W Active Breadth
- 21.2%
- Sector Scope
- US Healthcare
- Sector Rank
- 1021 of 1038
- Sector Percentile
- 1.6%
Sector and industry pulse
Peer breadth helps separate a stock-specific move from a broader group rotation.
US Healthcare
- Tracked Peers
- 100
- 4W Rank
- - of 100
- Avg 1W
- 0.8%
- Avg 4W
- 3.5%
- Trend Breadth
- 33.0%
- Positive MD
- 41.0%
US Medical Devices
- Tracked Peers
- 100
- 4W Rank
- - of 100
- Avg 1W
- 0.2%
- Avg 4W
- 6.0%
- Trend Breadth
- 25.0%
- Positive RS
- 19.0%
Pressure, Relative Strength, and expectation
Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.
Dynamics path
Signal state
- Market Dynamics
- 1.11
- 4W MD Change
- 189.5%
- Relative Strength
- -46.49
- 4W RS Change
- 45.0%
- Expectation
- Undecided
- Probability
- 45.77%
Participation and confirmation
Volume tells us whether the latest weekly move is being confirmed by unusual participation.
52-week volume profile
Volume map
- Latest Volume
- 2.0M
- 13W Average
- 31.7M
- 52W Average
- 41.3M
- Vs 13W
- 0.1x
- Vs 52W
- 0.0x
Volatility, downside weeks, and return shape
A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.
26-week return distribution
Risk map
- 13W Volatility
- 85.8%
- 52W Volatility
- 46.0%
- Upside Weeks
- 25
- Downside Weeks
- 27
- Downside Breadth
- 51.9%
- Avg Gain / Loss
- 25.7% / -15.7%
Classification, opportunities, risks, and watch points
Top-level read across company classification, constructive evidence, caution points, and the next things that matter.
Classification
- Exchange
- NASDAQ
- Country
- US
- Sector
- Healthcare
- Industry
- Medical Devices
- Currency
- USD
- Market Cap
- 40.3M
Opportunity signals
- Market Dynamics is positive on the latest completed week.
Risk signals
- Trend Signal is inactive, so price action has not confirmed a constructive regime.
- Price is below the Trend Line, which keeps downside pressure in focus.
- Price is below Fair Value, so the market is still discounting the latest tape.
- The share remains more than 20% below its 52-week high.
- The latest week was a sharp negative move.
Watch next
- Trend Line remains the key weekly regime level.
- Market Dynamics is the pressure gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Recent completed weeks
The latest weekly rows behind the report snapshot.
| Week | Close | Return | Trend | Fair Value | MD | RS | Volume | Signal |
|---|---|---|---|---|---|---|---|---|
| 12 Jun 2026 | 4.29 USD | -23.8% | 4.40 USD | 22.87 USD | 1.11 | -46.49 | 2.0M | Off |
| 5 Jun 2026 | 5.63 USD | -34.0% | 4.58 USD | 23.05 USD | 0.97 | -29.35 | 11.1M | Off |
| 29 May 2026 | 8.53 USD | 68.2% | 4.80 USD | 23.22 USD | 0.89 | 0.66 | 80.0M | Off |
| 22 May 2026 | 5.07 USD | 294.6% | 4.98 USD | 23.37 USD | 0.61 | -38.77 | 236.5M | Off |
| 15 May 2026 | 1.28 USD | -49.2% | 5.16 USD | 23.55 USD | 0.38 | -84.47 | 2.8M | Off |
| 8 May 2026 | 2.53 USD | 63.2% | 5.44 USD | 23.80 USD | 0.28 | -70.27 | 10.9M | Off |
| 1 May 2026 | 1.55 USD | -7.2% | 5.74 USD | 24.04 USD | 0.06 | -81.31 | 356.9K | Off |
| 24 Apr 2026 | 1.67 USD | 7.1% | 6.07 USD | 24.30 USD | -0.10 | -80.18 | 874.1K | Off |
| 17 Apr 2026 | 1.56 USD | 13.9% | 6.40 USD | 24.55 USD | -0.33 | -81.61 | 490.0K | Off |
| 10 Apr 2026 | 1.37 USD | -11.0% | 6.78 USD | 24.82 USD | -0.46 | -83.37 | 740.4K | Off |
| 2 Apr 2026 | 1.54 USD | -12.0% | 7.08 USD | 25.11 USD | -0.66 | -81.07 | 802.8K | Off |
| 27 Mar 2026 | 1.75 USD | -32.4% | 7.34 USD | 25.39 USD | -0.84 | -78.23 | 8.0M | Off |
| 20 Mar 2026 | 2.59 USD | -7.5% | 7.61 USD | 25.66 USD | -0.98 | -69.53 | 57.3M | Off |
| 13 Mar 2026 | 2.80 USD | 32.7% | 7.84 USD | 25.91 USD | -1.13 | -68.71 | 4.9M | Off |