9.28 USD
+0.42 (+4.74%)
We assign a technical rating of 6 out of 10 to CODA. In the last year, CODA was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that CODA is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CODA is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 69% of 124 stocks in the same industry.
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.
In the last month CODA has a been trading in the 8.25 - 9.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CODA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.92
9.54
We found 6 important support areas.
- A support zone ranging from 8.93 to 9.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.46 to 8.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.98 to 8.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.78 from a horizontal line in the daily time frame.
- Support @6.09 from a trend line in the weekly time frame.
- Support @5.98 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @9.45 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CODA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CODA is neutral. |
| ChartMill Relative Strength | 76.96 | POSITIVE | CODA has a high relative strength, it outperformed 76.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CODA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CODA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CODA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.97 | NEUTRAL | The RSI value for CODA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CODA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.18 | NEUTRAL | The Stochastics value for CODA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.75 | MEDIUM VOLATILITY | The ATR as a percentage value for CODA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.39 | NEGATIVE | The low ADX value for CODA suggests a weak or negative trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.46 | 8.92 | 0.54 (5.71%) | 17.52% |
| An entry @9.46. This is a Buy Stop order right above the resistance zone. | An exit @8.92. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.54 points, which is 5.71%. | For a 1.00% total portfolio risk, you can invest 17.52% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CODA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:CODA (12/30/2025, 4:30:01 PM)
9.28
+0.42 (+4.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg4.74%
1 Week-2.93%
2 Weeks2.09%
1 Month5.45%
3 Month6.42%
6 Month14.43%
12 Month17.62%
2 Year54.15%
3 Year35.28%
5 Year47.54%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%4.75%
ATR Inc27.77%
Range Today0.39
ADR(20)0.43
ADR(20)%4.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.96
3 months CRS82.65
6 months CRS80.23
Mansfield0.64
10 Day High9.69
10 Day Low8.79
20 Day High9.69
20 Day Low8.25
52 Week High10.54
52 Week Low5.76
CS1 End9.04
CR1 Start9.45
Volume & EV
DER(3)0.7%
DER(5)1.6%
Volume47.31K
Volume Incr20.6%
Vol(5)61.02K
Vol(50)62.36K
CODA OCTOPUS GROUP INC / CODA FAQ
What is the ChartMill technical rating of CODA OCTOPUS GROUP INC (CODA) stock?
ChartMill assigns a technical rating of 6 / 10 to CODA.
Can you provide the trend direction for CODA OCTOPUS GROUP INC?
The current trend direction for CODA OCTOPUS GROUP INC (CODA) is Bullish.
What is the RSI signal for CODA OCTOPUS GROUP INC (CODA) stock?
CODA OCTOPUS GROUP INC (CODA) has an RSI value of 53.9699. This indicates that the stock is currently neutral.
What is the MACD signal for CODA OCTOPUS GROUP INC (CODA) stock?
The MACD indicator for CODA OCTOPUS GROUP INC (CODA) has a value of 0.0102016, indicating a bearish trend.