Coda Octopus Group Stock Technical Analysis
| CODA Stock | USD 6.48 0.04 0.62% |
As of the 18th of April 2025, Coda Octopus shows the mean deviation of 1.7, and Risk Adjusted Performance of (0.29). Coda Octopus Group technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Coda Octopus Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Coda, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CodaCoda Octopus' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.Coda Octopus technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Coda Octopus Group Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Coda Octopus Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Coda Octopus Group Trend Analysis
Use this graph to draw trend lines for Coda Octopus Group. You can use it to identify possible trend reversals for Coda Octopus as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Coda Octopus price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Coda Octopus Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Coda Octopus Group applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Coda Octopus Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 63.02, which is the sum of squared deviations for the predicted Coda Octopus price change compared to its average price change.About Coda Octopus Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Coda Octopus Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Coda Octopus Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Coda Octopus Group price pattern first instead of the macroeconomic environment surrounding Coda Octopus Group. By analyzing Coda Octopus's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Coda Octopus's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Coda Octopus specific price patterns or momentum indicators. Please read more on our technical analysis page.
Coda Octopus April 18, 2025 Technical Indicators
Most technical analysis of Coda help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Coda from various momentum indicators to cycle indicators. When you analyze Coda charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.29) | |||
| Market Risk Adjusted Performance | (0.81) | |||
| Mean Deviation | 1.7 | |||
| Coefficient Of Variation | (546.03) | |||
| Standard Deviation | 2.32 | |||
| Variance | 5.39 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.82) | |||
| Maximum Drawdown | 10.75 | |||
| Value At Risk | (5.02) | |||
| Potential Upside | 3.69 | |||
| Skewness | (0.29) | |||
| Kurtosis | 0.6328 |
Coda Octopus April 18, 2025 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Coda stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.03 | ||
| Daily Balance Of Power | 0.22 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 6.49 | ||
| Day Typical Price | 6.49 | ||
| Price Action Indicator | 0.01 | ||
| Market Facilitation Index | 0.18 |
Complementary Tools for Coda Stock analysis
When running Coda Octopus' price analysis, check to measure Coda Octopus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Coda Octopus is operating at the current time. Most of Coda Octopus' value examination focuses on studying past and present price action to predict the probability of Coda Octopus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coda Octopus' price. Additionally, you may evaluate how the addition of Coda Octopus to your portfolios can decrease your overall portfolio volatility.
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