CODA OCTOPUS GROUP INC (CODA) Stock Technical Analysis
NASDAQ:CODA - Nasdaq - US19188U2069 - Common Stock - Currency: USD
Taking everything into account, CODA scores 3 out of 10 in our technical rating. CODA performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, CODA is a bad performer in the overall market: 66% of all stocks are doing better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
CODA is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, CODA did better than 43% 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.
In the last month CODA has a been trading in the 7.01 - 8.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CODA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
5.92
8.67
6 important support areas can be observed.
- Support @7.17 from a horizontal line in the weekly time frame.
- Support @7.04 from a horizontal line in the daily time frame.
- Support @6.73 from a trend line in the daily time frame.
- Support @6.46 from a trend line in the daily time frame.
- Support @6.11 from a horizontal line in the daily time frame.
- A support zone ranging from 5.98 to 6.01. This zone is formed by a combination of multiple trend lines in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 7.41 to 7.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.74 to 7.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.12 from a horizontal line in the weekly time frame.
- Resistance @8.31 from a trend line in the daily time frame.
- Resistance @8.58 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for CODA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CODA is neutral. |
| ChartMill Relative Strength | 34.13 | NEUTRAL | CODA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CODA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CODA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CODA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.95 | NEUTRAL | The RSI value for CODA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CODA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.42 | OVERSOLD | The low Stochastics value suggests CODA may be oversold. |
| Average True Range in percent/ATR (20) | 5.38 | HIGH VOLATILITY | The high ATR as a percentage value for CODA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.11 | 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)
NASDAQ:CODA (8/21/2025, 4:10:05 PM)
7.35
+0.3 (+4.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg4.26%
1 Week-3.16%
2 Weeks-0.27%
1 Month-3.8%
3 Month1.38%
6 Month-5.41%
12 Month-2%
2 Year-3.29%
3 Year47.89%
5 Year9.21%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%5.38%
ATR Inc17.43%
Range Today0.58
ADR(20)0.39
ADR(20)%5.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.13
Mansfield-1.1
10 Day High7.89
10 Day Low7.01
20 Day High8.01
20 Day Low7.01
52 Week High9.89
52 Week Low5.76
CS1 End7.17
CR1 Start7.41
Volume & EV
DER(3)-17.6%
DER(5)-19.12%
Volume120.43K
Volume Incr-9.1%
Vol(5)49.47K
Vol(50)53.84K