Coda Octopus Group, Inc. (NASDAQ:CODA) Spiked Up 1.4% – Here’s Why

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After completing its last trading session, Coda Octopus Group, Inc. (NASDAQ:CODA) spiked up by 1.4% – here is what that looked like (as of 2019-12-04):

What is the cause of all this?? To have a greater insight of what is happening, We ought to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 33.364, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.373, an Accumulation/Distribution Index (ADI) of 0.373, an On-Balance Volume (OBV) of 68.324, and a Chaiikin Money Flow (CMF) of -7.2. 5.0

So what do these technical indicators mean? Let’s see. According to Trading View, putting it all together gets the following:

That is what an analysis of technical indicators seems to indicate for Coda Octopus Group, Inc. (NASDAQ:CODA). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.