Is Codexis, Inc. technically bullish or bearish?

Jun 25 2025 08:49 AM IST
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As of June 6, 2025, Codexis, Inc. shows a mildly bearish trend, indicated by daily moving averages and Bollinger Bands, despite a mildly bullish MACD, suggesting overall market weakness and a cautious outlook.
As of 6 June 2025, the technical trend for Codexis, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the Bollinger Bands showing a mildly bearish signal on both weekly and monthly time frames. Although the MACD is mildly bullish on both weekly and monthly charts, the overall indicators suggest weakness, with the KST and OBV also reflecting mixed signals. The lack of a definitive trend in Dow Theory further supports a cautious outlook.
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