CODA OCTOPUS GROUP INC (CODA) Technical Analysis
NASDAQ:CODA • US19188U2069
Overall CODA gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CODA is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, CODA did better than 95% of all other stocks.
- CODA is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 82% of 124 stocks in the same industry.
- CODA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month CODA has a been trading in the 10.59 - 14.89 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, CODA also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for CODA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.92
6 important support areas can be observed.
- Support @13.55 from a horizontal line in the daily time frame.
- Support @11.17 from a trend line in the daily time frame.
- Support @10.18 from a trend line in the daily time frame.
- Support @9.06 from a trend line in the weekly time frame.
- Support @7.78 from a horizontal line in the daily time frame.
- Support @5.98 from a horizontal line in the weekly 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 | UP | POSITIVE | The short term trend for CODA is up. |
| ChartMill Relative Strength | 95.53 | POSITIVE | CODA has a high relative strength, it outperformed 95.53% 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) | UP | POSITIVE | The current price of CODA is above the rising 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) | 60.87 | NEUTRAL | The RSI value for CODA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CODA has a negative trend. |
| Stochastics (14,3) | 72.34 | NEUTRAL | The Stochastics value for CODA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.77 | HIGH VOLATILITY | The high ATR as a percentage value for CODA suggests high volalility. |
| Average Directional Index/ADX (14) | 35.61 | POSITIVE | The high ADX value value for CODA suggests a strong trend. |
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 |
|---|---|---|---|
| 14.90 | 13.54 | 1.36 (9.13%) | 10.96% |
| An entry @14.90. This is a Buy Stop order right above the 10 day high. | An exit @13.54. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.36 points, which is 9.13%. | For a 1.00% total portfolio risk, you can invest 10.96% of your capital in this trade. |
- 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.
CODA Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:CODA (3/5/2026, 10:26:24 AM)
14.03
-0.11 (-0.78%)
CODA OCTOPUS GROUP INC / CODA FAQ
What is the technical rating for CODA stock?
ChartMill assigns a technical rating of 10 / 10 to CODA.
What is the trend direction for CODA stock?
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 60.8715. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CODA OCTOPUS GROUP INC?
The MACD indicator for CODA OCTOPUS GROUP INC (CODA) has a value of -0.0242203, indicating a bearish trend.
What are the support and resistance levels for CODA OCTOPUS GROUP INC (CODA) stock?
CODA OCTOPUS GROUP INC (CODA) has a support level at 13.55. Check the full technical report for our detailed analysis of CODA support and resistance levels.