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.
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
0.45 AUD
81.39 M AUD
550.46 M AUD
102.46 M
About CODAN LIMITED
Sector
Industry
CEO
Alf Ianniello
Website
Headquarters
Mawson Lakes
Founded
1959
ISIN
AU000000CDA3
FIGI
BBG000C0YHP3
Codan Ltd. engages in the provision of electronic solutions, focusing on metal detection and communications technology. It operates through the following segments: Communications, Metal Detection, and Other. The Communications segment includes the design, development, manufacture, and marketing of communications equipment. The Metal Detection segment focuses on the designs, development, manufacture, and marketing of metal detection equipment. The Other segment refers to the tracking solutions business and the ongoing 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
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 CDA is 15.95 AUD — it has increased by 1.85% in the past 24 hours. Watch CODAN LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange CODAN LIMITED stocks are traded under the ticker CDA.
CDA stock has risen by 1.98% compared to the previous week, the month change is a 0.13% rise, over the last year CODAN LIMITED has showed a 100.13% increase.
We've gathered analysts' opinions on CODAN LIMITED future price: according to them, CDA price has a max estimate of 18.14 AUD and a min estimate of 14.60 AUD. Watch CDA chart and read a more detailed CODAN LIMITED stock forecast: see what analysts think of CODAN LIMITED and suggest that you do with its stocks.
CDA stock is 3.02% volatile and has beta coefficient of 0.67. Track CODAN LIMITED stock price on the chart and check out the list of the most volatile stocks — is CODAN LIMITED there?
Today CODAN LIMITED has the market capitalization of 2.90 B, it has increased by 0.65% over the last week.
Yes, you can track CODAN LIMITED financials in yearly and quarterly reports right on TradingView.
CODAN LIMITED is going to release the next earnings report on Feb 19, 2025. Keep track of upcoming events with our Earnings Calendar.
CDA earnings for the last half-year are 0.25 AUD per share, whereas the estimation was 0.20 AUD, resulting in a 25.76% surprise. The estimated earnings for the next half-year are 0.25 AUD per share. See more details about CODAN LIMITED earnings.
CODAN LIMITED revenue for the last half-year amounts to 285.00 M AUD, despite the estimated figure of 255.77 M AUD. In the next half-year revenue is expected to reach 297.10 M AUD.
CDA net income for the last half-year is 43.35 M AUD, while the previous report showed 38.04 M AUD of net income which accounts for 13.96% change. Track more CODAN LIMITED financial stats to get the full picture.
CODAN LIMITED dividend yield was 1.87% in 2024, and payout ratio reached 50.06%. The year before the numbers were 2.30% and 49.39% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 10, 2024, the company has 900.00 employees. See our rating of the largest employees — is CODAN LIMITED on this list?
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.
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 strong 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.