Barchart.com's Chart of the Day - Codexis
Related Stocks
 CDXS - Codexis Inc
SymLastChgPct
CDXS15.07-0.78-4.92%
The Chart of the Day belongs to Codexis (CDXS).  I found the organic chemical company by using Barchart to sort today's New 52 Week High list first for the highest Weighted Alpha, then again for technncal buy signals of 80% or more.  I always use the Flipchart feature to review the charts for consistent price appreciation.  Since the Trend Spotter signaled a buy on 2/26 the stock gained 17.49%.

Codexis, Inc. is a leading protein engineering company that applies its technology to the development of biocatalysts for the commercial manufacture of pharmaceuticals and fine chemicals. Codexis' proven technology enables implementation of biocatalytic solutions to meet customer needs for rapid, cost-effective and sustainable manufacturing.

CDXS

Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 30.30% in the last month
  • Relative Strength Index 73.20%
  • Technical support level at 10.62
  • Recently traded at 10.75 with a 50 day moving average of 8.80

Fundamental factors:

  • Market Cap $533 million
  • Revenue expected to grow 5.00% this year and another 33.80% next year
  • Earnings estimated to increase 69.60% next year and continue to compound at an annual rate of 15.00% or the next 5 years