Codan Limited Stock Technical Analysis

CODAF Stock  USD 10.59  0.00  0.00%   
As of the 22nd of July, Codan shows the mean deviation of 1.35, and Risk Adjusted Performance of 0.123. Codan Limited 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. Please confirm Codan Limited variance, and the relationship between the coefficient of variation and treynor ratio to decide if Codan Limited is priced correctly, providing market reflects its regular price of 10.59 per share. Given that Codan has variance of 30.78, we suggest you to validate Codan Limited's prevailing market performance to make sure the company can sustain itself at a future point.

Codan Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Codan, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Codan
  
Codan's 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.
Codan technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Codan technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Codan trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Codan Limited Technical Analysis

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The output start index for this execution was thirty with a total number of output elements of thirty-one. The Normalized Average True Range is used to analyze tradable apportunities for Codan Limited across different markets.

Codan Limited Trend Analysis

Use this graph to draw trend lines for Codan Limited. You can use it to identify possible trend reversals for Codan 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 Codan price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Codan Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Codan Limited applied against its price change over selected period. The best fit line has a slop of   0.06  , which means Codan Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 148.37, which is the sum of squared deviations for the predicted Codan price change compared to its average price change.

About Codan 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 Codan Limited 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 Codan Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Codan Limited price pattern first instead of the macroeconomic environment surrounding Codan Limited. By analyzing Codan'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 Codan'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 Codan specific price patterns or momentum indicators. Please read more on our technical analysis page.

Codan July 22, 2025 Technical Indicators

Most technical analysis of Codan 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 Codan from various momentum indicators to cycle indicators. When you analyze Codan 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.

Codan July 22, 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 Codan 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.

Complementary Tools for Codan Pink Sheet analysis

When running Codan's price analysis, check to measure Codan's 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 Codan is operating at the current time. Most of Codan's value examination focuses on studying past and present price action to predict the probability of Codan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Codan's price. Additionally, you may evaluate how the addition of Codan to your portfolios can decrease your overall portfolio volatility.
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