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Coda Octopus Group, Inc.

CODANASDAQ
Industrials
Aerospace & Defense
$13.19
$-0.27(-1.97%)
U.S. Market opens in 2h 51m

Coda Octopus Group, Inc. (CODA) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Coda Octopus Group, Inc. (NASDAQ:CODA).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CODA Technical Analysis Summary

Coda Octopus Group, Inc. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 65.39)
Trend Strength:Strong (ADX: 39.12)
Volatility:High (ATR: 0.85)
Support/Resistance:$9.35 – $14.50 (Bollinger Bands)

Technical conditions suggest Coda Octopus Group, Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 65.39

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 81.33

Bearish
Overbought levels may trigger pullback.

Williams %R: -8.56

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 28.58

Strongly Bullish
Strong upside momentum.

Takeaway:Coda Octopus Group, Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.86

Bullish
Bullish, trend momentum is strengthening.

ADX: 39.12

Strong
Strong trend, momentum well established.

ATR (14): 0.85

Low
Low volatility, stable price action.

CCI (14): 89.75

Bullish
Bullish, momentum building upward.

Takeaway:Coda Octopus Group, Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$14.50
Middle Band (SMA 20)
$11.92
Lower Band
$9.35
Current Position
Within Bands

Takeaway:Coda Octopus Group, Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$14.00
Middle Line (EMA 20)
$12.29
Lower Channel
$10.58
Squeeze Status
No Squeeze

Takeaway:Coda Octopus Group, Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume2.68M
Money Flow Index77.12Bullish, inflows support continued momentum.
Relative Vigor Index75.72Bullish, price momentum strongly favors buyers.

Overall Takeaway:CODA shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Coda Octopus Group, Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Coda Octopus Group, Inc. are mixed, suggesting a Hold or wait-and-see approach.

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