CODA - Bullish Break IdeaIdea showing 1.2.3.4.5 trying to display my rationale of why I expect the next move upwards
Symmetry with the last down move at 1 allows for this move up towards 5
Forms a large W pattern
Bullish on this daily timeframe
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
0.27 USD
3.12 M USD
19.35 M USD
5.53 M
About Coda Octopus Group, Inc.
Sector
Industry
CEO
Annmarie Michelle Gayle
Website
Headquarters
Orlando
Founded
1994
FIGI
BBG000C3P831
Coda Octopus Group, Inc. engages in the developing, manufacturing, and marketing of subsea products. It operates through the Marine Technology Business (Products) and Marine Engineering Business (Services) segments. The Marine Technology Business segment develops solutions for subsea and underwater markets. The Marine Engineering Business segment supplies engineering services primarily to prime defense contractors. It also operates through the Americas, Europe, Australia or Asia, and Middle East or Africa geographical segments. The company was founded in 1994 and is headquartered in Orlando, FL.
Moving upCODA is in a good spot on multiple time frames to continue this uptrend after recent breakout. should hit the 200DMA soon.
Coda Octopus Group, Inc. Reclaims 200MA support Short interest 12.72%
Coda Octopus Group, Inc. engages in designing and manufacturing patented real time 3D sonar solutions. It operates through the following two segments: Marine Technology Business and Marine Engineering Business. The Marine Technology Business segment develops solutions for both
Institutional buyingHigher lows/highs since may. We can see there has been institutional buying since june, which explain the recent price spikes. TTM PE = 13.2 accounting for current assets- total liabilities.
Coda Octopus is a buyCoda is currently evolving in a descending triangle. The triangle point is on the annual support S1 which gives the figure a high probability to evolve to a rebound. Stock is undervaluated comparing to book value and PER and ROIC is among the best of the sector.
H&S HourlyI am long this stock, but small H&S on hourly may provide us a better entry @ 200 DMA or lower around 7.4.
CODA is looks ready to Soar!Reversal in place, backtest done on low volume.
I'll add to the trade on a bullish candle confirming the resumption of trend.
Coda Octopus may be on the verge of a trend line breakCoda Octopus is an underwater engineering company and maker of sonar. that appears on the verge of a trend line break. The stock is down some 60% off its high from May, but has stabilized around 7.50 and appears on the verge of a trend line break. CODA has recently attracted some interest from insti
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of CODA is 9.73 USD — it has increased by 7.87% in the past 24 hours. Watch Coda Octopus Group, Inc. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange Coda Octopus Group, Inc. stocks are traded under the ticker CODA.
CODA stock has risen by 8.96% compared to the previous week, the month change is a 17.23% rise, over the last year Coda Octopus Group, Inc. has showed a 58.30% increase.
We've gathered analysts' opinions on Coda Octopus Group, Inc. future price: according to them, CODA price has a max estimate of 11.00 USD and a min estimate of 11.00 USD. Watch CODA chart and read a more detailed Coda Octopus Group, Inc. stock forecast: see what analysts think of Coda Octopus Group, Inc. and suggest that you do with its stocks.
CODA reached its all-time high on Jul 31, 1995 with the price of 217,350.00 USD, and its all-time low was 0.01 USD and was reached on Sep 30, 2011. View more price dynamics on CODA chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
CODA stock is 11.87% volatile and has beta coefficient of 0.49. Track Coda Octopus Group, Inc. stock price on the chart and check out the list of the most volatile stocks — is Coda Octopus Group, Inc. there?
Today Coda Octopus Group, Inc. has the market capitalization of 108.93 M, it has increased by 1.69% over the last week.
Yes, you can track Coda Octopus Group, Inc. financials in yearly and quarterly reports right on TradingView.
Coda Octopus Group, Inc. is going to release the next earnings report on Feb 3, 2025. Keep track of upcoming events with our Earnings Calendar.
CODA earnings for the last quarter are 0.11 USD per share, whereas the estimation was 0.10 USD resulting in a 10.00% surprise. The estimated earnings for the next quarter are 0.07 USD per share. See more details about Coda Octopus Group, Inc. earnings.
Coda Octopus Group, Inc. revenue for the last quarter amounts to 5.48 M USD, despite the estimated figure of 5.42 M USD. In the next quarter, revenue is expected to reach 5.27 M USD.
CODA net income for the last quarter is 1.27 M USD, while the quarter before that showed 1.42 M USD of net income which accounts for −9.93% change. Track more Coda Octopus Group, Inc. financial stats to get the full picture.
No, CODA doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Nov 21, 2024, the company has 83.00 employees. See our rating of the largest employees — is Coda Octopus Group, Inc. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Coda Octopus Group, Inc. EBITDA is 3.70 M USD, and current EBITDA margin is 17.61%. See more stats in Coda Octopus Group, Inc. financial statements.
Like other stocks, CODA shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Coda Octopus Group, Inc. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Coda Octopus Group, Inc. technincal analysis shows the strong buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Coda Octopus Group, Inc. stock shows the buy signal. See more of Coda Octopus Group, Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.