Coda Octopus Group Stock Forecast

Hold candidate since Jul 27, 2026

No changes to the price of Coda Octopus Group Inc stock on the last trading day (Monday, 27th Jul 2026). During the last trading day the stock fluctuated 2.36% from a day low at $9.98 to a day high of $10.21. The price has fallen in 5 of the last 10 days but is still up by 2.03% over the past 2 weeks.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -19.39% during the next 3 months and, with a 90% probability hold a price between $6.50 and $9.24 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

CODA Signals & Forecast

The Coda Octopus Group Inc stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $10.06. On a fall, the stock will find some support from the long-term average at approximately $10.04. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Wednesday, June 17, 2026, and so far it has risen 8.66%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point".

Support, Risk & Stop-loss for Coda Octopus Group Inc stock

Coda Octopus Group Inc finds support from accumulated volume at $10.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.235 between high and low, or 2.36%. For the last week, the stock has had daily average volatility of 3.12%.

Our recommended stop-loss: $9.59 (-4.52%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 26 days ago.)

Trading Expectations (CODA) For The Upcoming Trading Day Of Tuesday 28th

For the upcoming trading day on Tuesday, 28th we expect Coda Octopus Group Inc to open at $10.08, and during the day (based on 14 day Average True Range), to move between $9.83 and $10.25, which gives a possible trading interval of +/-$0.410 (+/-4.17%) up or down from last closing price. If Coda Octopus Group Inc takes out the full calculated possible swing range there will be an estimated 4.17% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $10.00 (0.40%) than the resistance at $10.92 (8.76%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Coda Octopus Group Inc stock A Buy?

Coda Octopus Group Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold candidate.

Current score: -0.083 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on July 28, 2026 - $10.08 ( 0.349%).

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