Coda Octopus Group Stock Forecast

Sell candidate since Jun 12, 2026 Loss -14.84%

The Coda Octopus Group Inc stock price fell by -3.83% on the last day (Tuesday, 7th Jul 2026) from $9.67 to $9.30. During the last trading day the stock fluctuated 5.34% from a day low at $9.17 to a day high of $9.66. The price has fallen in 6 of the last 10 days and is down by -3.73% for this period. Volume has increased on the last day by 77 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 162 thousand shares were bought and sold for approximately $1.51 million.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $8.64 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -20.22% during the next 3 months and, with a 90% probability hold a price between $6.90 and $9.56 at the end of this 3-month period.

CODA Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, June 17, 2026, and so far it has risen 0.649%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Coda Octopus Group Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $9.59 and $10.91. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

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

Coda Octopus Group Inc finds support from accumulated volume at $9.24 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.490 between high and low, or 5.34%. For the last week, the stock has had daily average volatility of 4.04%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CODA) For The Upcoming Trading Day Of Wednesday 8th

For the upcoming trading day on Wednesday, 8th we expect Coda Octopus Group Inc to open at $9.38, and during the day (based on 14 day Average True Range), to move between $8.99 and $9.61, which gives a possible trading interval of +/-$0.616 (+/-6.85%) 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 6.85% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $9.31 (0.11%) than the support at $9.24 (0.65%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Coda Octopus Group Inc stock A Buy?

Coda Octopus Group Inc holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -3.749 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 8, 2026 - $9.38 ( 0.82%).

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