CODA OCTOPUS GROUP INC (CODA)

US19188U2069 - Common Stock

6.7  +0.19 (+2.92%)

Technical Rating and Analysis

6

Taking everything into account, CODA scores 6 out of 10 in our technical rating. CODA has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

63% of all other stocks performed better in the past year than CODA.
CODA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CODA is lagging the market.
Warning: CODA has an average volume of 18564 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
CODA is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 49% of 127 stocks in the same industry.
In the last month CODA has a been trading in the 5.95 - 7.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CODA Weekly chart
CODA Daily chart
Setup Rating and Analysis

5

CODA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.

Support and Resistance Analysis

5.38

7.09

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 6.16 to 6.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 5.99 to 6.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 5.70 to 5.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 5.43 to 5.51. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 6.76 to 7.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.84
Mansfield-1.41
10 Day High7.04
10 Day Low5.95
20 Day High7.04
20 Day Low5.95
52 Week High11.09
52 Week Low5.21
Performance
1 Week-0.74%
2 Weeks11.11%
1 Month4.73%
3 Month25.23%
6 Month-4.56%
12 Month-25.56%
2 Year25.23%
3 Year-21.82%
5 Year-31.14%
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)61.05
LBB5.82
UBB7.13
CODA Daily chart

CODA OCTOPUS GROUP INC

NASDAQ:CODA (5/3/2024, 7:00:00 PM)

6.7

+0.19 (+2.92%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg2.92%
1 Week-0.74%
2 Weeks11.11%
1 Month4.73%
3 Month25.23%
6 Month-4.56%
12 Month-25.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.26
ATR(20)%3.71%
ATR Inc
Range Today0.39
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.04
10 Day Low5.95
20 Day High7.04
20 Day Low5.95
52 Week High11.09
52 Week Low5.21
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.70K
Volume Incr-75.64%
Vol(5)5.08K
Vol(50)18.56K