GET DAILY SIGNALSKodak and Cryptocurrency: Match Made in Heaven?
Kodak, the photography giant who has struggled to adapt in recent years to the demise of film photography, has an unlikely new reason for optimism: cryptocurrency. The company announced that it had licensed its name and branding to WENN Digital for the development of a unique digital media rights platform using blockchain, backed by their unique cryptocurrency called “KODAKCoin”.
The official announcement details "an encrypted, digital ledger of rights ownership for photographers," – essentially, photographers will use blockchain to register works. Users will be able to pay, and be paid, for rights to these works using KODAKCoin. This is a potentially exciting development for photographers, who have long struggled to control the use of their work in the wild-west world of digital.
Kodak CEO Jeff Clarke described the goals behind the technology in a statement: “‘Blockchain' and 'cryptocurrency' are hot buzzwords…[that] are the keys [for photographers] to solving what felt like an unsolvable problem. Kodak has always sought to democratize photography and make licensing fair to artists. These technologies give the photography community an innovative and easy way to do just that."
WENN Digital will also manage sales of the tokens – Pre ICO Stage I is complete, with all 8 million coins being accounted for, and a second stage opened on January 10. The full ICO, open to investors from multiple countries including the U.S. and Canada, is set for January 31. Global Blockchain Technologies Corp., an investment company focusing on blockchain technology, has announced a $2 million investment in KODAKCoin.
Kodak also announced their foray into bitcoin mining at the recent CES tech trade show in Las Vegas. Kodak KashMiner, a partnership with bitcoin-mining-computer manufacturer Spotlite, is a bitcoin mining machine for rent that requires a two-year, $3,400 contractual commitment. Miners and Spotlite split any proceeds evenly, and the company estimates miners will make $375 per month, or $9,000 over the lifetime of the lease.
The moves have been met with some disapproval – detractors see Kodak’s dabbling in cryptocurrency as nothing more than evidence of the perceived bubble around blockchain. Criticism has been especially pointed for the KashMiner, as pundits note that bitcoin mining gets increasingly difficult over time, which will likely manifest itself as decreased returns for KashMiner lessees. But any negative effects seem to be minimal thus far – KashMiner’s initial 80-unit allotment is spoken for, with an additional 300 expected soon to relieve pent-up demand. Kodak’s stock has also seen a strong uptick, currently trading at around $11 a share (from $3 a share before the announcements).
Whether Kodak’s dabbling in cryptocurrency is effective long-term remains to be seen, but there is no denying the excitement surrounding the initial news – the potential to revolutionize rights-ownership for photographers is real, and just may be the key to prolonged success that Kodak was searching for after years of hard times.
Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
Aroon Indicator for KODK shows an upward move is likely
KODK's Aroon Indicator triggered a bullish signal on October 13, 2026. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 160 similar instances where the Aroon Indicator showed a similar pattern. In 129 of the 160 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at 81%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where KODK's RSI Oscillator exited the oversold zone, 24 of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 75%.
The 50-day moving average for KODK moved above the 200-day moving average on September 25, 2026. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +4.48% 3-day Advance, the price is estimated to grow further. Considering data from situations where KODK advanced for three days, in 214 of 270 cases, the price rose further within the following month. The odds of a continued upward trend are 79%.
KODK may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 44 of 53 cases where KODK's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 83%.
The Momentum Indicator moved below the 0 level on October 30, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on KODK as a result. In 75 of 90 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 83%.
The Moving Average Convergence Divergence Histogram (MACD) for KODK turned negative on October 30, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In 38 of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at 83%.
KODK moved below its 50-day moving average on October 29, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for KODK crossed bearishly below the 50-day moving average on October 14, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 12 of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 71%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where KODK declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 84%.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of 28 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.378) is normal, around the industry mean (6.088). P/E Ratio (-6.401) is within average values for comparable stocks, (32.546). Projected Growth (PEG Ratio) (0.332) is also within normal values, averaging (1.946). Dividend Yield (0.000) settles around the average of (0.026) among similar stocks. P/S Ratio (0.792) is also within normal values, averaging (9.907).
The Tickeron Price Growth Rating for this company is 59 (best 1 - 100 worst), indicating fairly steady price growth. KODK’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 63 (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 78 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. KODK’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock better than average.
The Tickeron SMR rating for this company is 96 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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General Information
a manufacturer of imaging products, including photographic film and digital cameras
Industry OfficeEquipmentSupplies
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