Caredx Inc’s recent filing unveils that its Officer Jeffrey Adam Novack acquired Company’s shares for reported $40320.0 on May 05 ’25. In the deal valued at $15.00 per share,2,688 shares were bought.
Then, Maag Peter sold 13,281 shares, generating $228,796 in total proceeds. Upon selling the shares at $17.23, the Director now owns 316,743 shares.
Before that, PETER MAAG bought 33,281 shares. Caredx Inc shares valued at $603,385 were divested by the Director at a price of $18.13 per share.
Wells Fargo upgraded its Caredx Inc [CDNA] rating to an Equal weight from a an Underweight in a research note published on January 15, 2025; the price target was decreased to $24 from $28. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in late August with a ‘”an Underweight”‘ rating. BTIG Research also remained covering CDNA and has increased its forecast on August 19, 2024 with a “Buy” recommendation from previously “Neutral” rating. Raymond James revised its rating on May 13, 2024. It rated CDNA as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of CDNA
On Monday, Caredx Inc [NASDAQ:CDNA] saw its stock jump 1.13% to $15.17. Over the last five days, the stock has lost -16.88%. Caredx Inc shares have fallen nearly -29.15% since the year began. Nevertheless, the stocks have risen 65.25% over the past one year. While a 52-week high of $34.84 was reached on 01/14/25, a 52-week low of $9.44 was recorded on 05/05/25. SMA at 50 days reached $18.56, while 200 days put it at $23.37.
Levels Of Support And Resistance For CDNA Stock
The 24-hour chart illustrates a support level at 14.72, which if violated will result in even more drops to 14.28. On the upside, there is a resistance level at 15.52. A further resistance level may holdings at 15.87. The Relative Strength Index (RSI) on the 14-day chart is 32.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.82%. Stochastics %K at 6.29% indicates the stock is a buying.
