Codan Pink Sheet Forecast - Accumulation Distribution

CODAFDelisted Stock  USD 7.30  0.00  0.00%   
Codan Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Codan's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On June 18, 2024 Codan Limited had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Codan is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Codan Limited to determine if accumulation or reduction is taking place in the market. This value is adjusted by Codan trading volume to give more weight to distributions with higher volume over lower volume.
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Codan Trading Date Momentum

On June 20 2024 Codan Limited was traded for  7.11  at the closing time. The highest daily price throughout the period was 7.11  and the lowest price was  7.11 . There was no trading activity during the period 1.0. Lack of trading volume on 06/20/2024 did not affect price variability. The overall trading delta to current closing price is 2.67% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Codan Market Strength Events

Market strength indicators help investors to evaluate how Codan pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Codan shares will generate the highest return on investment. By undertsting and applying Codan pink sheet market strength indicators, traders can identify Codan Limited entry and exit signals to maximize returns.

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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Other Consideration for investing in Codan Pink Sheet

If you are still planning to invest in Codan Limited check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Codan's history and understand the potential risks before investing.
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