CODA OCTOPUS GROUP INC (CODA) Stock Technical Analysis
NASDAQ:CODA - Nasdaq - US19188U2069 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to CODA. Although CODA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month CODA has a been trading in the 7.75 - 8.58 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: CODA has an average volume of 28068 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that CODA is one of the better performing stocks in the market, outperforming 78% of all stocks. However, CODA's most recent performance is quite weak.
CODA is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, CODA did better than 65% of them.
CODA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CODA is lagging the market.
Considerably lower volume is observed in the last couple of days.
CODA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 7.76, a Stop Loss order could be placed below this zone.
More info and screens
6.75
9.38
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.72 to 7.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.82 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.77 to 8.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.81 to 8.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.29 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.65
Mansfield-0.02
10 Day High8.58
10 Day Low7.77
20 Day High8.58
20 Day Low7.75
52 Week High9.89
52 Week Low5.48
Performance
1 Week-2.75%
2 Weeks-0.64%
1 Month-5.93%
3 Month-16.63%
6 Month3.6%
12 Month40.13%
2 Year10.37%
3 Year31.25%
5 Year21.41%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)41.76
LBB7.73
UBB8.01
NASDAQ:CODA (2/21/2025, 8:10:30 PM)
7.77
-0.11 (-1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.4%
1 Week-2.75%
2 Weeks-0.64%
1 Month-5.93%
3 Month-16.63%
6 Month3.6%
12 Month40.13%
2 Year10.37%
3 Year31.25%
5 Year21.41%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%3.7%
ATR Inc-59.76%
Range Today0.1
ADR(20)0.27
ADR(20)%3.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.65
Mansfield-0.02
10 Day High8.58
10 Day Low7.77
20 Day High8.58
20 Day Low7.75
52 Week High9.89
52 Week Low5.48
CS1 End7.76
CR1 Start7.77
Volume & EV
DER(3)-0.34%
DER(5)2.66%
Volume14.70K
Volume Incr-46.8%
Vol(5)16.38K
Vol(50)28.07K