CDA.ASX_Range Breakdown_ShortENTRY: 6.90
SL: 7.54
TP1: 6.56
TP2: 6.21
- ADX<20. Would like to be higher.
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FFI -ve
- Breakdown today with high volume. Would like closing to be better.
0.41AUD
67.77 MAUD
456.47 MAUD
97.38 M
About CODAN LIMITED
Sector
Industry
CEO
Alf Ianniello
Website
Headquarters
Mawson Lakes
Employees (FY)
800
Founded
1959
ISIN
AU000000CDA3
FIGI
BBG000C0YHP3
Codan Ltd. provides electronic solutions, focusing on metal detection and communications technology. It operates through the following segments: Communications, Metal Detection, and Other. The Communications Equipment segment includes the design, development, manufacture, and marketing of communications equipment. The Metal Detection segment designs and develops metal detection equipment. The Other segment refers to the tracking solutions business and the ingoing manufacturing and sale of tracking products. The company was founded by Alastair Wood, Ian Baker Wall and Jim Irvine Bettison on July 1, 1959, and is headquartered in Mawson Lakes, Australia.
CDA Short after breaking out of recent lowEntry: 8.79
Stop loss: 9.33
Went short after it broke out of recent low with an increased volume.
Supported by MAs trending orderly downwards.
CDA.ASX_Range Breakdown_ShortENTRY: 7.06
SL: 8.13
TP1: 6.50
TP2: 6.13
- ADX>20
- RSI>30,RSI<50
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FFI -ve
- Looks unable to go above monthly CPR
- Breakdown from range with high volume today
CDA - Absolute Return following a 14 Day RSI move below 20The Codan Ltd (ASX:CDA) 14-day RSI has just moved below the 20 level (1st move below 20 in at least 20-days). Since 2003, indicator weakness below 20, was usually the forerunner to some short-term upside.
The 16-day average return, following CDA's 14-day RSI move below 20, was 8.53% with a win rate
CDA long after breaking out of previous highEntry: 16.19
Stop loss: 15.44
Entered position after it broke out of its previous high with strong volume.3SMAs are in order
Codan in blue skys again. Codan has been a real preformer this year, a solid company now with a share price to reflect.
The trend looks well supported with volume.
$CDA:ASX - CODAN - Breakout through resistance with volumeCodan looks to have pushed through that resistance area with a retest and new volume behind it. Moving averages spreading apart nicely. Global operator with government clients who don't tend to curb their spend i downturns. Might be worth a watch.
Current demand is 61 buyers for 106,346 units with
$CDA long trade setup on ASXHeres my trade set-up long $CDA Codan ASX based on price at support and higher low candles. Not financial advice.
$CDA entry off the .618 fib and oversold indicators (ASX)Double click price column to see the chart. Heres my trade set-up today long off the .618 fib and 1st heikin ashi green candle on a 4h time frame.
See all ideas
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Frequently Asked Questions
The current price of CDA is 10.75 AUD — it has increased by 0.84% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange CODAN LIMITED stocks are traded under the ticker CDA.
CODAN LIMITED is going to release the next earnings report on Aug 26, 2024. Keep track of upcoming events with our Earnings Calendar.
CDA stock is 2.17% volatile and has beta coefficient of 0.60. Check out the list of the most volatile stocks — is CODAN LIMITED there?
One year price forecast for CODAN LIMITED has a max estimate of 10.83 AUD and a min estimate of 10.22 AUD.
CDA earnings for the last quarter are 0.23 AUD whereas the estimation was 0.23 AUD which accounts for 0.87% surprise. Estimated earnings for the next quarter are 0.21 AUD. See more details about CODAN LIMITED earnings.
CODAN LIMITED revenue for the last quarter amounts to 244.70 M AUD despite the estimated figure of 219.00 M AUD. In the next quarter revenue is expected to reach 252.60 M AUD.
Yes, you can track CODAN LIMITED financials in yearly and quarterly reports right on TradingView.
CDA stock has fallen by 1.10% compared to the previous week, the month change is a 1.42% rise, over the last year CODAN LIMITED has showed a 67.19% increase.
CDA net income for the last quarter is 38.04 M AUD, while the quarter before that showed 36.86 M AUD of net income which accounts for 3.20% change. Track more CODAN LIMITED financial stats to get the full picture.
Today CODAN LIMITED has the market capitalization of 1.93 B, it has decreased by 2.45% over the last week.
CODAN LIMITED dividend yield was 2.30% in 2023, and payout ratio reached 49.39%. The year before the numbers were 4.02% and 50.26% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, CDA 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 CODAN LIMITED stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 800.00 employees. See our rating of the largest employees — is CODAN LIMITED on this list?
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 CODAN LIMITED technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating CODAN LIMITED stock shows the buy signal. See more of CODAN LIMITED 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.
We've gathered analysts' opinions on CODAN LIMITED future price: according to them, CDA price has a max estimate of 10.83 AUD and a min estimate of 10.22 AUD. Read a more detailed CODAN LIMITED forecast: see what analysts think of CODAN LIMITED and suggest that you do with its stocks.